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Shareholders' Equity
6 Months Ended
Jun. 30, 2013
Shareholders' Equity

NOTE 8 – SHAREHOLDERS’ EQUITY

The following table summarizes the changes in each component of accumulated other comprehensive loss, net of tax:

 

(in millions)    Pension
Benefit Plan
Costs
    Foreign
Currency
    Unrealized
Gain (Loss) on
Derivatives
    Total  

Balance at April 1, 2013

   $ (87.7   $ 5.1      $ (0.5   $ (83.1

Other comprehensive income (loss) before reclassifications

     —          1.2        1.1        2.3   

Amounts reclassified from accumulated other comprehensive income (loss) (1)

     2.1        —          —          2.1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     2.1        1.2        1.1        4.4   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

   $ (85.6   $ 6.3      $ 0.6      $ (78.7
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at January 1, 2013

   $ (91.0   $ 10.8      $ 0.1      $ (80.1

Other comprehensive income (loss) before reclassifications

     1.4        (4.2     0.5        (2.3

Amounts reclassified from accumulated other comprehensive income (loss) (1)

     4.0        (0.3     —          3.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income (loss)

     5.4        (4.5     0.5        1.4   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2013

   $ (85.6   $ 6.3      $ 0.6      $ (78.7
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Represents $2.1 million and $4.1 million of costs included in net postretirement pension expense, net of income tax benefit of $0.0 million and $0.1 million, for the three and six months ended June 30, 2013, respectively. Represents $0.3 million of foreign currency effects related to the FSTech Group disposal included in gain from discontinued operations and disposal for the six months ended June 30, 2013.