XML 89 R70.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Financial Instruments and Hedging - Narrative (Details) - 12 months ended Dec. 31, 2015
€ in Millions, lb in Millions, $ in Millions
EUR (€)
lb
USD ($)
lb
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Maximum amount of time hedged for nickel requirements 2020 2020
Percentage of estimated annual nickel requirements 28.00% 28.00%
Derivative [Line Items]    
Cash flow hedge gain (loss) to be reclassified within twelve months   $ (23.6)
Nickel [Member]    
Derivative [Line Items]    
Derivative notional amount (in pounds of nickel) | lb 26 26
Cash Flow Hedging [Member] | Natural gas contracts [Member] | Designated as Hedging Instrument [Member]    
Derivative [Line Items]    
Percentage of forecasted natural gas usage hedged for 2017 55.00% 55.00%
Percentage of forecasted natural gas usage hedged for 2018 15.00% 15.00%
Pre-tax loss on ineffective portion of hedge   $ 3.3
Cash Flow Hedging [Member] | Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]    
Derivative [Line Items]    
Derivative notional amount settled | € € 211.9  
Proceeds from hedge   56.5
Pre-tax gain on ineffective portion of hedge   14.3
Fair Value Hedging [Member] | Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member] | Maturity Dates Through 2017 [Member]    
Derivative [Line Items]    
Derivative notional amount | € 139.2  
Notional amount of derivatives entered during period | € € 244.7  
Cost of Sales [Member] | Fair Value Hedging [Member] | Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]    
Derivative [Line Items]    
Gain (loss) on derivatives   $ 9.0