Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2011
Derivative Instruments and Hedging Activities Disclosure [Abstract] 
Fair Value of Hedged Items
The following table presents the fair value of the Company's hedging instruments as of September 30, 2011 and December 31, 2010 (in millions):

 
Asset Derivatives
 
Liability Derivatives
 
Derivatives designated as hedging instruments(a):
Balance Sheet
Location
 
September 30, 2011
 
Balance Sheet
Location
 
September 30, 2011
 
            
Commodity contracts(b)
Other current assets
 $0.6 
Accrued expenses
 $4.8 
Commodity contracts
Other assets
  - 
Other noncurrent liabilities
  0.7 
Total derivatives designated as hedging instruments
   $0.6    $5.5 

(a)
As of September 30, 2011, the Company has commodity hedge agreements with three counterparties.  All of the amounts recorded as liabilities for the Company's commodity contracts are almost entirely payable to one counterparty.  The amount recorded as an asset is due from one counterparty.
(b)
The Company has master netting agreements with its counterparties and accordingly has netted approximately $0.6 million of its commodity contracts that are in a receivable position against its contracts in payable positions.

 
Asset Derivatives
 
Liability Derivatives
 
Derivatives designated as hedging instruments(a):
Balance Sheet
Location
 
December 31, 2010
 
Balance Sheet
Location
 
December 31, 2010
 
            
Interest rate contracts
Other current assets
 $- 
Accrued expenses
 $0.6 
Commodity contracts(b)
Other current assets
  1.2 
Accrued expenses
  6.2 
Commodity contracts
Other assets
  - 
Other noncurrent liabilities
  2.2 
Total derivatives designated as hedging instruments
   $1.2    $9.0 

(a)
As of December 31, 2010, the Company has an interest rate swap agreement with one counterparty.  In addition, the Company has commodity hedge agreements with two counterparties.  All of the amounts recorded as liabilities for the Company's commodity contracts are almost entirely payable to one counterparty.  The amount recorded as an asset is due from two counterparties.
(b)
The Company has master netting agreements with its counterparties and accordingly has netted approximately $0.9 million of its commodity contracts that are in a receivable position against its contracts in payable positions.
Other Comprehensive Income Attributable to Derivatives
The following table presents activity related to the Company's other comprehensive income (“OCI”) for the three and nine months ended September 30, 2011 and 2010 (in millions):

     
Three Months Ended September 30, 2011
  
Nine Months Ended September 30, 2011
 
Derivatives in Cash Flow Hedging Relationships
Location of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
 
Amount of (Gain) Loss Recognized in OCI on Derivative (Effective Portion)
  
Amount of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
  
Amount of (Gain) Loss Recognized in OCI on Derivative (Effective Portion)
  
Amount of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
 
                
Interest rate contracts
Interest expense
 $-  $-  $-  $(0.6)
Commodity contracts
Product cost
  2.0   (1.9)  2.0   (4.1)
Total
   $2.0  $(1.9) $2.0  $(4.7)

     
Three Months Ended September 30, 2010
  
Nine Months Ended September 30, 2010
 
Derivatives in Cash Flow Hedging Relationships
Location of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
 
Amount of (Gain) Loss Recognized in OCI on Derivative (Effective Portion)
  
Amount of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
  
Amount of (Gain) Loss Recognized in OCI on Derivative (Effective Portion)
  
Amount of Gain (Loss) Reclassified from Accumulated OCI Into Income (Effective Portion)
 
                
Interest rate contracts
Interest expense
 $0.1  $(1.1) $0.5  $(3.9)
Commodity contracts
Product cost
  4.0   (1.2)  9.5   (2.9)
Total
   $4.1  $(2.3) $10.0  $(6.8)