XML 18 R55.htm IDEA: XBRL DOCUMENT v3.3.0.814
Financial Instruments and Risk Management (Details)
€ in Millions, item in Millions, $ in Millions, £ in Billions
3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
Sep. 30, 2015
USD ($)
Oct. 31, 2015
USD ($)
Sep. 30, 2015
EUR (€)
item
approach
Sep. 30, 2015
GBP (£)
item
approach
Sep. 30, 2015
USD ($)
item
approach
Dec. 31, 2014
USD ($)
Financial Instruments and Risk Management              
Aggregate fair value of derivative instruments with credit-risk-related contingent features that were in a net liability position           $ 63.5 $ 12.4
Collateral amount posted for derivative instruments with credit-risk-related contingent features that were in a net liability position           $ 2.7 $ 0.0
Commodity contracts              
Financial Instruments and Risk Management              
Number of methods through which entity manages commodity price risk in connection with market price fluctuations of aluminum ingot | approach       2 2 2  
Notional amount of derivatives           $ 336.0  
Period within which derivative will expire   4 years          
Impact on derivative contracts included in accumulated other comprehensive earnings (loss), net of tax           15.5  
Net loss expected to be recognized in the consolidated statement of earnings during the next 12 months   $ 12.5          
Commodity contracts | Derivatives Designated As Hedging Instruments | Cash Flow Hedging [Member]              
Financial Instruments and Risk Management              
Notional amount of derivatives           130.0  
Interest rate swap agreements              
Financial Instruments and Risk Management              
Notional amount of derivatives           146.0  
Period within which derivative will expire   4 years          
Interest rate swap agreements | Rexam PLC | Income Statement Interest Expense Other              
Financial Instruments and Risk Management              
Gain included in debt refinancing and other costs   $ 10.0          
Interest rate swap agreements | Rexam PLC | Derivatives Not Designated As Hedging Instruments              
Financial Instruments and Risk Management              
Notional amount of derivatives     $ 100.0 € 1,750   250.0  
Period within which derivative will expire   5 years          
Interest rate swaption | Rexam PLC | Derivatives Not Designated As Hedging Instruments              
Financial Instruments and Risk Management              
Notional amount of derivatives | €       € 750      
Currency Exchange Rate Risk              
Financial Instruments and Risk Management              
Notional amount of derivatives           449.0  
Impact on derivative contracts included in accumulated other comprehensive earnings (loss), net of tax           (2.2)  
Net loss expected to be recognized in the consolidated statement of earnings during the next 12 months   $ 2.3          
Currency Exchange Rate Risk | Rexam PLC              
Financial Instruments and Risk Management              
Notional amount of derivatives         £ 2.3 $ 3,400.0  
Recognized Gains (Losses) of associated with its collar and option contracts $ (104.6) 36.3          
Equity contracts              
Financial Instruments and Risk Management              
Notional value of the swap (in shares) | item       1 1 1  
Fair value of the swaps   $ 4.8