Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME

v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME
3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
8. ACCUMULATED OTHER COMPREHENSIVE INCOME
 
Changes in accumulated other comprehensive income by component, after tax, for the three months ended March 31, 2014, are as follows:
 
 
 
 
 
 
Pension and other
 
Cash flow
 
 
 
 
 
 
Foreign
 
postretirement
 
hedging
 
 
 
 
 
 
currency
 
benefit plans
 
transactions
 
Total
 
 
 
(In millions)
 
Balance, December 31, 2013
 
$
(108.5)
 
$
(202.2)
 
$
(1.9)
 
$
(312.6)
 
Other comprehensive income before reclassifications
 
 
(6.1)
 
 
0.1
 
 
-
 
 
(6.0)
 
Amounts reclassified from accumulated other comprehensive income
 
 
-
 
 
2.0
 
 
-
 
 
2.0
 
Net current-period other comprehensive income
 
 
(6.1)
 
 
2.1
 
 
-
 
 
(4.0)
 
Balance, March 31, 2014
 
$
(114.6)
 
$
(200.1)
 
$
(1.9)
 
$
(316.6)
 
 
Reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2014, are as follows:
 
 
 
Amount reclassified
 
Affected line item in
 
Details about accumulated other
 
from accumulated other
 
the statement where
 
comprehensive income components
 
comprehensive income  (1)
 
net income is presented
 
 
 
(in millions)
 
 
 
Amortization of pension and other postretirement plan items:
 
 
 
 
 
 
Prior service cost
 
$
0.1
 
(2)
 
Recognized actuarial loss
 
 
(3.3)
 
(2)
 
 
 
 
(3.2)
 
Total before tax
 
 
 
 
1.2
 
Tax benefit
 
 
 
$
(2.0)
 
Net of tax
 
 
(1)        Amounts in parentheses indicate expense recognized in the Consolidated Statements of Income.
 
(2)        These accumulated other comprehensive income components are included in the computation of net periodic pension cost (See Note 8 Benefit Plans for additional details).
 
Changes in accumulated other comprehensive income related to noncontrolling interests were not material as of March 31, 2014.