XML 53 R42.htm IDEA: XBRL DOCUMENT v3.5.0.2
Derivative Financial Instruments and Hedging (Details)
€ in Millions, lb in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
lb
Sep. 30, 2015
USD ($)
Sep. 30, 2016
EUR (€)
Derivative Instruments Gain Loss [Line Items]          
Percentage of estimated annual nickel requirements     30.00%    
Percentage Of Forecasted Natural Gas Usage Hedged for 2017     90.00%    
Percentage Of Forecasted Natural Gas Usage Hedged for 2018     25.00%    
Reclassification of Cash Flow Hedge Gain (Loss) [Abstract]          
Cash Flow Hedge Gain (Loss) To Be Reclassified Within Twelve Months     $ (9.3)    
Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net $ 3.0 $ (16.5) 13.6 $ (11.5)  
Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (0.1) 2.0 (4.1) 5.0  
Selling And Administrative Expenses | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net (0.3) 0.0 $ (1.2) 0.0  
Nickel          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of nickel hedge (in pounds of nickel) | lb     29    
Nickel and other raw material contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net 4.2 (13.5) $ 13.0 (26.6)  
Nickel and other raw material contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (2.2) (2.4) (9.9) (7.0)  
Nickel and other raw material contracts | Selling And Administrative Expenses | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net 0.0 0.0 0.0 0.0  
Natural gas contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net (1.2) (3.7) 1.1 (9.5)  
Natural gas contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net (1.3) (1.6) (7.2) (6.4)  
Natural gas contracts | Selling And Administrative Expenses | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net (0.3) 0.0 (1.2) 0.0  
Electricity contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net 0.0 0.0 0.0 0.0  
Electricity contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net 0.0 0.0 0.0 (0.1)  
Electricity contracts | Selling And Administrative Expenses | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net 0.0 0.0 0.0 0.0  
Foreign exchange contracts | Other Comprehensive Income (Loss) [Member] | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net 0.0 0.7 (0.5) 24.6  
Foreign exchange contracts | Cost Of Sales | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Reclassified From Accumulated OCI Into Income Effective Portion Net 3.4 6.0 13.0 18.5  
Foreign exchange contracts | Selling And Administrative Expenses | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net 0.0 0.0 0.0 0.0  
Designated as Hedging Instrument | Foreign exchange forward | Cost Of Sales | Fair Value Hedging          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Net (0.5) (1.8) (3.0) 5.6  
Designated as Hedging Instrument | Foreign exchange forward | Maturity Dates Through 2017 [Member] | Fair Value Hedging          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of derivative | €         € 67.2
Designated as Hedging Instrument | Natural gas contracts | Cash Flow Hedging          
Derivative Instruments Gain Loss [Line Items]          
Loss on Cash Flow Hedge Ineffectiveness 0.4   1.7    
Not Designated as Hedging Instrument | Foreign exchange forward | Maturity Dates Through 2017 [Member]          
Derivative Instruments Gain Loss [Line Items]          
Notional amount of derivative | €         € 10.0
Not Designated as Hedging Instrument | Foreign exchange contracts | Cost Of Sales          
Derivative Instruments Gain Loss [Line Items]          
Derivative Instruments Gain Loss Recognized In Income Net $ (0.2) $ 0.0 $ (0.1) $ 3.0