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Derivatives and Hedging Activities (Tables)

9 Months Ended

Dec. 31, 2012

Derivatives and Hedging Activities [Abstract]

Fair value of the derivative financial instruments recorded in the consolidated balance sheets

The fair values of the Company's derivative financial instruments recorded in the consolidated balance sheets were as follows:

	Balance Sheet Location		December 31, 2012				March 31, 2012
Derivative instruments designated as cash flow hedges:
Commodity derivatives	Other current assets		$	-			$	0.2
Commodity derivatives	Other current liabilities			-				0.9
Derivative instruments not designated as hedges:
Foreign exchange contracts	Other current assets		$	-			$	0.2
Commodity derivatives	Other current liabilities			0.9				2.6
Commodity derivatives	Other noncurrent liabilities			0.2				-

Amounts recorded in AOCI and in consolidated statement of operations

The amounts recorded in AOCI and in the consolidated statements of operations for all of the Company's derivative financial instruments were as follows:

							Three months ended								Nine months ended
							December 31, 2012								December 31, 2012
		Amount of Loss Recognized in AOCI			Statement of Operations Location		Loss Reclassified from AOCI into Continuing Operations				Total Loss (Gain) Recognized in Continuing Operations				Loss Reclassified from AOCI into Continuing Operations				Total Loss (Gain) Recognized in Continuing Operations
Commodity derivatives		$	0.7		Cost of sales		$	0.7			$	1.1			$	2.4			$	3.8
Foreign exchange contracts			-		Other expense - net			-				(0.2	)			-				(0.3	)
Total		$	0.7				$	0.7			$	0.9			$	2.4			$	3.5

							Three months ended								Nine months ended
							December 31, 2011								December 31, 2011
		Amount of Loss Recognized in AOCI			Statement of Operations Location		Loss Reclassified from AOCI into Continuing Operations				Total Loss (Gain) Recognized in Continuing Operations				Loss Reclassified from AOCI into Continuing Operations				Total Loss (Gain) Recognized in Continuing Operations
Commodity derivatives		$	5.2		Cost of sales		$	1.3			$	1.3			$	1.7			$	1.7
Foreign exchange contracts			-		Other expense - net			-				(0.3	)			-				(0.3	)
Total		$	5.2				$	1.3			$	1.0			$	1.7			$	1.4

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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 Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4A

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959



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 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 4: 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

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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.

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