Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2017

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Accumulated Other Comprehensive Income (Loss), Net of T ax

Other comprehensive income (loss), net of tax, information is presented below:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Foreign currency translation
Balance at beginning of period	$	(3.3	)	$	(0.6	)	$	(3.6	)	$	(2.1	)
Other comprehensive income (loss)—foreign currency translation gain (loss)	2.3			(1.1		)	2.6			0.4
Balance at end of period	$	(1.0	)	$	(1.7	)	$	(1.0	)	$	(1.7	)
Cash flow hedges
Balance at beginning of period	$	35.2		$	(28.6	)	$	46.4		$	(34.0	)
Other comprehensive income (loss):
Gains (losses) arising in period	(8.2		)	40.7			(16.2		)	32.9
Income tax expense (benefit)	—			2.9			—			2.9
Gains (losses) arising in period, net of tax	(8.2		)	37.8			(16.2		)	30.0
Reclassification of losses (gains) to net income (loss):
Reclassification of losses (gains) to net income (loss)—commodity contracts (a)	(2.1		)	14.5			(5.3		)	27.7
Income tax expense	—			2.3			—			2.3
Net amount of reclassification of losses (gains) to net income (loss)	(2.1		)	12.2			(5.3		)	25.4
Total other comprehensive income (loss), net of tax	(10.3		)	50.0			(21.5		)	55.4
Balance at end of period	$	24.9		$	21.4		$	24.9		$	21.4
Pension and OPEB plans
Balance at beginning of period	$	(118.1	)	$	(159.0	)	$	(106.3	)	$	(151.1	)
Other comprehensive income (loss):
Reclassification to net income (loss):
Prior service costs (credits) (b)	(13.6		)	(13.8		)	(27.0		)	(27.6		)
Actuarial (gains) losses (b)	1.7			6.0			3.3			11.9
Subtotal	(11.9		)	(7.8		)	(23.7		)	(15.7		)
Income tax expense (benefit)	—			(1.3		)	—			(1.3		)
Amount of reclassification to net income (loss), net of tax	(11.9		)	(6.5		)	(23.7		)	(14.4		)
Balance at end of period	$	(130.0	)	$	(165.5	)	$	(130.0	)	$	(165.5	)

(a) Included in cost of products sold.

(b)

Included in pension and OPEB expense (income).