Asbestos (Details 2)
In Millions, unless otherwise specified |
12 Months Ended | |||
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Mar. 31, 2012
USD ($)
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Mar. 31, 2012
AUD
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Mar. 31, 2011
USD ($)
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Mar. 31, 2010
USD ($)
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Summary of changes in asbestos liability | ||||
Asbestos liability, Beginning balance | $ (1,698.1) | (1,643.1) | ||
Exchange rate, Beginning balance | 0.9676 | 0.9676 | ||
Asbestos claims paid | 103.5 | 99.1 | ||
Asbestos claims paid, Exchange rate | 0.9573 | 0.9573 | ||
AICF claims-handling costs incurred | 2.8 | 2.7 | 2.2 | 2.1 |
AICF claims-handling costs incurred, Exchange rate | 0.9573 | 0.9573 | ||
Change in actuarial estimate | (67.8) | (65.2) | 9.8 | (3.8) |
Change in actuarial estimate, Exchange rate | 0.9614 | 0.9614 | ||
Change in estimate of AICF claims-handling costs | 8.4 | 8.1 | 12.2 | (1.4) |
Change In Estimate Claims Handling Costs Exchange Rate | 0.9614 | 0.9614 | ||
Gain (loss) on foreign currency exchange | (11.4) | |||
Asbestos liability, Ending balance | $ (1,662.6) | (1,598.4) | $ (1,698.1) | |
Exchange rate, Ending balance | 0.9614 | 0.9614 | 0.9676 |
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- Definition
Carrying amount as of the balance sheet date for total reserves related to asbestos claims. No definition available.
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- Definition
Asbestos injuries compensation fund claims handling costs incurred. No definition available.
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- Definition
The exchange rate used to translate the Australian dollar AICF claims-handling costs incurred amount to US dollars. No definition available.
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- Definition
Change in actuarial estimate asbestos liability. No definition available.
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- Definition
The exchange rate used to translate the Australian dollar change in actuarial estimate amount to US dollars. No definition available.
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- Definition
Change in estimate claims handling costs. No definition available.
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- Definition
The exchange rate used to translate the Australian dollar change in estimate of AICF claims-handing costs amount to US dollars. No definition available.
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- Definition
Current exchange rate for the period used to translate the Australian dollar amount to US dollars. No definition available.
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- Definition
Foreign exchange gain or loss in the asbestos liability due to change in closing exchange rates between the currencies at the beginning and ending balance sheet dates. No definition available.
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- Definition
Liability for asbestos claims net claim paid. No definition available.
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- Definition
The exchange rate used to translate the Australian dollar Asbestos claims paid amount to US dollars. No definition available.
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- Details
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