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Shareholders' Investment (Tables)
3 Months Ended
Mar. 31, 2014
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, 2012

  $ (0.7   $ 32.6      $ (113.1   $ (81.2

Other comprehensive income (loss) before reclassifications

    4.0        (2.1     —          1.9   

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

    (1.2     —          —          (1.2
 

 

 

   

 

 

   

 

 

   

 

 

 

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

    2.8        (2.1     —          0.7   
 

 

 

   

 

 

   

 

 

   

 

 

 

Amounts reclassified from accumulated other comprehensive income (loss)

    0.7 (b)      —          3.4 (c)      4.1   

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

    (0.3     —          (1.2     (1.5
 

 

 

   

 

 

   

 

 

   

 

 

 

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
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2013

  $ —        $ 47.3      $ (68.2   $ (20.9

Other comprehensive income (loss) before reclassifications

    0.3        1.0        —          1.3   

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

    0.3        —          —          0.3   
 

 

 

   

 

 

   

 

 

   

 

 

 

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

    0.6        1.0        —          1.6   
 

 

 

   

 

 

   

 

 

   

 

 

 

Amounts reclassified from accumulated other comprehensive income (loss)

    —   (b)      —          2.4 (c)      2.4   

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

    (0.2     —          (0.8     (1.0
 

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

    (0.2     —          1.6        1.4   
 

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

    0.4        1.0        1.6        3.0   
 

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2014

  $ 0.4      $ 48.3      $ (66.6   $ (17.9
 

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) Income taxes are not provided for foreign currency translation adjustment.
(b) See Note 4 of the notes to condensed consolidated financial statements.
(c) These components are included in the computation of net periodic pension cost. See Note 8 of the notes to condensed consolidated financial statements.