Annual report pursuant to Section 13 and 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
 12 Months Ended
Dec. 31, 2013
Accumulated Other Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income
Changes in accumulated other comprehensive income by component, after tax, for the twelve months ended December 31, 2013, are as follows:
 
 
 
 
 
 
Pension and other
 
Cash flow
 
 
 
 
 
 
Foreign
 
postretirement
 
hedging
 
 
 
 
 
 
currency
 
benefit plans
 
transactions
 
Total
 
 
 
(In millions)
 
Balance, December 31, 2012
 
$
(83.6)
 
$
(276.4)
 
$
(2.0)
 
$
(362.0)
 
Other comprehensive income before reclassifications
 
 
(24.9)
 
 
61.1
 
 
0.1
 
 
36.3
 
Amounts reclassified from accumulated other comprehensive income
 
 
-
 
 
13.1
 
 
-
 
 
13.1
 
Net current-period other comprehensive income
 
 
(24.9)
 
 
74.2
 
 
0.1
 
 
49.4
 
Balance, December 31, 2013
 
$
(108.5)
 
$
(202.2)
 
$
(1.9)
 
$
(312.6)
 
Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of accumulated other comprehensive income for the twelve months ended December 31, 2013, 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
 
$
(0.8)
 
(2)
 
Recognized actuarial loss
 
 
(20.2)
 
(2)
 
 
 
 
(21.0)
 
Total before tax
 
 
 
 
7.9
 
Tax benefit
 
 
 
$
(13.1)
 
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 11 Benefit Plans for additional details).