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Derivative Financial Instruments and Hedging (Tables) | 6 Months Ended
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Jun. 30, 2013
General Discussion of Derivative Instruments and Hedging Activities [Abstract] |
Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value Text Block |
(in millions): |  |  |  | June 30, |  | December 31,
Asset derivatives |  | Balance sheet location |  | 2013 |  | 2012
Derivatives designated as hedging instruments: |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid expenses and other current assets |  | $ | 5.0 |  | $ | 2.9
Nickel and other raw material contracts |  | Prepaid expenses and other current assets |  |  | - |  |  | 0.6
Natural gas contracts |  | Prepaid expenses and other current assets |  |  | 0.2 |  |  | 0.4
Foreign exchange contracts |  | Other assets |  |  | 5.5 |  |  | 0.9
Nickel and other raw material contracts |  | Other assets |  |  | - |  |  | 0.3
Natural gas contracts |  | Other assets |  |  | 0.1 |  |  | 0.7
Total derivatives designated as hedging instruments: |  |  | 10.8 |  |  | 5.8
Derivatives not designated as hedging instruments: |  |  |  |  |  |
Foreign exchange contracts |  | Prepaid expenses and other current assets |  |  | 0.2 |  |  | 0.4
Total derivatives not designated as hedging instruments: |  |  | 0.2 |  |  | 0.4
Total asset derivatives |  |  |  | $ | 11.0 |  | $ | 6.2
Liability derivatives |  | Balance sheet location |  |  |  |  |  |
Derivatives designated as hedging instruments: |  |  |  |  |  |
Natural gas contracts |  | Accrued liabilities |  | $ | 2.9 |  | $ | 4.4
Nickel and other raw material contracts |  | Accrued liabilities |  |  | 11.2 |  |  | 1.1
Foreign exchange contracts |  | Accrued liabilities |  |  | - |  |  | 1.7
Electricity contracts |  | Accrued liabilities |  |  | 0.2 |  |  | 0.3
Natural gas contracts |  | Other long-term liabilities |  |  | 0.5 |  |  | 0.6
Electricity contracts |  | Other long-term liabilities |  |  | 0.2 |  |  | 0.4
Foreign exchange contracts |  | Other long-term liabilities |  |  | - |  |  | 1.4
Nickel and other raw material contracts |  | Other long-term liabilities |  |  | 1.9 |  |  | 0.3
Total derivatives designated as hedging instruments: |  |  | 16.9 |  |  | 10.2
Derivatives not designated as hedging instruments: |  |  |  |  |  |
Foreign exchange contracts |  | Accrued liabilities |  |  | 0.7 |  |  | 1.6
Total derivatives not designated as hedging instruments: |  |  | 0.7 |  |  | 1.6
Total liability derivatives |  |  |  | $ | 17.6 |  | $ | 11.8
Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance Text Block |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Amount of Gain (Loss)
|  |  |  |  |  |  |  | Amount of Gain (Loss) |  | Recognized in Income
|  | Amount of Gain (Loss) |  | Reclassified from |  | on Derivatives (Ineffective
|  | Recognized in OCI on |  | Accumulated OCI |  | Portion and Amount
|  | Derivatives |  | into Income |  | Excluded from
|  | (Effective Portion) |  | (Effective Portion) (a) |  | Effectiveness Testing) (b)
| Three months ended |  | Three months ended |  | Three months ended
Derivatives in Cash Flow | June 30, |  | June 30, |  | June 30,
Hedging Relationships | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2013 |  | 2012
Nickel and other raw | $ | (7.4) |  | $ | (3.1) |  | $ | (1.1) |  | $ | (0.7) |  | $ | - |  | $ | -
| material contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural gas contracts |  | (1.9) |  |  | 1.2 |  |  | 0.1 |  |  | (2.4) |  |  | - |  |  | -
Electricity contracts |  | (0.1) |  |  | (0.1) |  |  | - |  |  | (0.4) |  |  | - |  |  | -
Foreign exchange contracts |  | (0.4) |  |  | 11.8 |  |  | 0.6 |  |  | 3.2 |  |  | - |  |  | -
Total | $ | (9.8) |  | $ | 9.8 |  | $ | (0.4) |  | $ | (0.3) |  | $ | - |  | $ | -
|  |  |  |  |  |  |  |  |  |  |  |  |  | Amount of Gain (Loss)
|  |  |  |  |  |  |  | Amount of Gain (Loss) |  | Recognized in Income
|  | Amount of Gain (Loss) |  | Reclassified from |  | on Derivatives (Ineffective
|  | Recognized in OCI on |  | Accumulated OCI |  | Portion and Amount
|  | Derivatives |  | into Income |  | Excluded from
|  | (Effective Portion) |  | (Effective Portion) (a) |  | Effectiveness Testing) (b)
| Six Months Ended |  | Six Months Ended |  | Six Months Ended
Derivatives in Cash Flow | June 30, |  | June 30, |  | June 30,
Hedging Relationships | 2013 |  | 2012 |  | 2013 |  | 2012 |  | 2013 |  | 2012
Nickel and other raw | $ | (8.8) |  | $ | (4.7) |  | $ | (1.0) |  | $ | (0.8) |  | $ | - |  | $ | -
| material contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural gas contracts |  | (0.3) |  |  | (3.3) |  |  | (0.9) |  |  | (5.0) |  |  | - |  |  | -
Electricity contracts |  | - |  |  | (1.1) |  |  | (0.2) |  |  | (1.1) |  |  | - |  |  | -
Foreign exchange contracts |  | 7.3 |  |  | 7.7 |  |  | 1.3 |  |  | 5.1 |  |  | - |  |  | -
Total | $ | (1.8) |  | $ | (1.4) |  | $ | (0.8) |  | $ | (1.8) |  | $ | - |  | $ | -
Schedule Of Derivative Instruments Included In Trading Activities Text Block |
In millions |  | Amount of Gain (Loss) Recognized
|  |  | in Income on Derivatives
|  |  |  | Three Months Ended |  |  | Six Months Ended
Derivatives Not Designated |  |  | June 30, |  |  | June 30,
as Hedging Instruments |  |  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012
Foreign exchange contracts |  | $ | (0.4) |  | $ | 1.3 |  | $ | 0.4 |  | $ | (0.1)

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- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of gains and losses on derivative instruments included in an entity's trading activities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 55 -Paragraph 184 -URI http://asc.fasb.org/extlink&oid=7485890&loc=SL5634876-113961 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4F -Subparagraph (a),(b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624186-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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