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Comprehensive Income (Loss) Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2013
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Accumulated Other Comprehensive Income (Loss), Net of T ax
The details of accumulated other comprehensive income (loss), net of tax, are as follows:
 
 
Three Months Ended March 31,
Component of accumulated other comprehensive income (loss)
 
2013
 
2012
Foreign currency translation
 
 
 
 
Balance at beginning of period
 
$
3.5

 
$
2.8

Other comprehensive income (loss):
 
 
 
 
Foreign currency translation gain (loss)
 
(1.1
)
 
0.8

Balance at end of period
 
$
2.4

 
$
3.6

Cash flow hedges
 
 
 
 
Balance at beginning of period
 
$
31.7

 
$
(10.9
)
Other comprehensive income (loss):
 
 
 
 
Gains (losses) arising in period
 
(3.0
)
 
(17.0
)
Income tax provision (benefit)
 

 
(6.6
)
Gains (losses) arising in period, net of tax
 
(3.0
)
 
(10.4
)
Reclassification of losses (gains) to net income (loss):
 
 
 
 
Hot roll carbon steel coil contracts (a)
 
(0.4
)
 

Other commodity contracts (b)
 
(3.5
)
 
7.8

Subtotal
 
(3.9
)
 
7.8

Income tax provision (benefit) (c)
 

 
3.1

Net amount of reclassification of losses (gains) to net income (loss)
 
(3.9
)
 
4.7

Total other comprehensive income (loss), net of tax
 
(6.9
)
 
(5.7
)
Balance at end of period
 
$
24.8

 
$
(16.6
)
Unrealized holding gains (losses) on securities
 
 
 
 
Balance at beginning of period
 
$
0.3

 
$
(0.6
)
Other comprehensive income (loss):
 
 
 
 
Unrealized holding gains (losses) arising in period
 
0.1

 
0.7

Income tax provision (benefit)
 

 
0.3

Unrealized holding gains (losses) arising in period, net of tax
 
0.1

 
0.4

Balance at end of period
 
$
0.4

 
$
(0.2
)
Pension and OPEB plans
 
 
 
 
Balance at beginning of period
 
$
(34.4
)
 
$
11.4

Other comprehensive income (loss):
 
 
 
 
Reclassification to net income (loss):
 
 
 
 
Prior service costs (credits) (d)
 
(19.1
)
 
(18.2
)
Actuarial (gains) losses (d)
 
7.3

 
6.1

Subtotal
 
(11.8
)
 
(12.1
)
Income tax provision (benefit) (c)
 

 
(4.5
)
Net amount of reclassification to net income (loss)
 
(11.8
)
 
(7.6
)
Balance at end of period
 
$
(46.2
)
 
$
3.8

(a)
Amounts are included in Net sales on the Condensed Consolidated Statements of Operations.
(b)
Amounts are included in Cost of products sold on the Condensed Consolidated Statements of Operations.
(c)
Amounts are included in Income tax provision (benefit) on the Condensed Consolidated Statements of Operations.
(d)
Amounts are included in Pension and OPEB expense (income) on the Condensed Consolidated Statements of Operations.