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Shareholders' Investment (Tables)
6 Months Ended
Jun. 30, 2013
Changes in Accumulated Other Comprehensive Income (Loss) By Component

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

 

     Derivative
Instruments
Designated as
Cash Flow Hedges
    Foreign Currency
Translation
    Benefit
Plans
    Total  
(dollars in millions)                         

Balance at December 31, 2011

   $ (1.4   $ 41.1      $ (106.3   $ (66.6

Other comprehensive income (loss) before reclassifications

     4.6        (39.2     —          (34.6

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

     (1.9     —          —          (1.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications, net of taxes

     2.7        (39.2     —          (36.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Amounts reclassified from accumulated other comprehensive income (loss)

     (0.9 )(b)      —          5.0 (c)      4.1   

Tax provision (benefit) related to amounts reclassified from accumulated other comprehensive income (loss)

     0.2        —          (1.6     (1.4
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

     (0.7     —          3.4        2.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     2.0        (39.2     3.4        (33.8
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

   $ 0.6      $ 1.9      $ (102.9   $ (100.4
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2012

   $ (0.7   $ 32.6      $ (113.1   $ (81.2

Other comprehensive income (loss) before reclassifications

     3.0        (8.7     —          (5.7

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

     (0.5     —          —          (0.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications, net of taxes

     2.5        (8.7     —          (6.2
  

 

 

   

 

 

   

 

 

   

 

 

 

Amounts reclassified from accumulated other comprehensive income (loss)

     0.5 (b)      —          6.8 (c)      7.3   

Tax provision (benefit) related to amounts reclassified from accumulated other comprehensive income (loss)

     (0.2     —          (2.4     (2.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

     0.3        —          4.4        4.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     2.8        (8.7     4.4        (1.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

   $ 2.1      $ 23.9      $ (108.7   $ (82.7
  

 

 

   

 

 

   

 

 

   

 

 

 

 

 

(a) 

Income taxes are not provided for foreign currency translation adjustment.

(b) See Note 6 to the condensed consolidated financial statements.
(c) These components are included in the computation of net periodic pension cost. See Note 10 to the condensed consolidated financial statements.