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Shareholders' Investment (Tables)
15 Months Ended
Mar. 31, 2013
Changes in Accumulated Other Comprehensive Income (Loss) By Component

The changes in accumulated other comprehensive income (loss) by component are as follows:

 

     Change in
Derivative
Instruments
Designated as
Cash Flow Hedges
    Foreign Currency
Translation
Adjustment
    Benefit Plan
Adjustments
    Total  
(dollars in millions)                         

Balance at December 31, 2011

   $ (1.4   $ 41.1      $ (106.3   $ (66.6

Other comprehensive income (loss) before reclassifications

     4.5        4.7        —         9.2   

Tax (provision) benefit related to other comprehensive income (loss) before reclassifications(a)

     (1.6     —         —          (1.6

Reclassifications, net of tax

     (0.6     —         1.7        1.1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     2.3        4.7        1.7        8.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2012

   $ 0.9      $ 45.8      $ (104.6   $ (57.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2012

   $ (0.7 )   $ 32.6      $ (113.1   $ (81.2

Other comprehensive income (loss) before income taxes

     4.0        (2.1     —          1.9   

Tax (provision) benefit related to other comprehensive income (loss) before reclassifications(a)

     (1.2     —         —          (1.2

Reclassifications, net of tax

     0.4        —         2.2        2.6   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     3.2        (2.1     2.2        3.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2013

   $ 2.5     $ 30.5      $ (110.9   $ (77.9
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) 

Income taxes are not provided for foreign currency translation adjustment.

Amounts Reclassified Out of Each Component of Accumulated Other Comprehensive Income (Loss) to Income

Amounts reclassified out of each component of accumulated other comprehensive loss to income are as follows:

 

Accumulated Other Comprehensive Income (Loss) Components

   Amounts Reclassified
from  Accumulated Other
Comprehensive Loss
     
   Three Months Ended
March 31,
   
   2013     2012    
(dollars in millions)     

(Losses) gains on cash flow hedges(a)

   $ (0.7   $ 0.8      Total before income tax
     0.3        (0.2   Tax (provision) benefit
  

 

 

   

 

 

   
   $ (0.4   $ 0.6      Net of tax
  

 

 

   

 

 

   

Amortization of defined benefit plan items(b)

   $ (3.4   $ (2.5   Total before income tax
     1.2        0.8      Tax (provision) benefit
  

 

 

   

 

 

   
   $ (2.2   $ (1.7   Net of tax
  

 

 

   

 

 

   
   $ (2.6   $ (1.1  
  

 

 

   

 

 

   

 

(a) See Note 5 of the notes to the condensed consolidated financial statements.
(b) These components are included in the computation of net periodic pension cost. See Note 9 to the condensed consolidated financial statements.