Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE INCOME

v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME
 6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive Income [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME
7. ACCUMULATED OTHER COMPREHENSIVE INCOME
 
Changes in accumulated other comprehensive income by component, after tax, for the six months ended June 30, 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
 
 
(23.1)
 
 
(2.7)
 
 
-
 
 
(25.8)
 
Amounts reclassified from accumulated other comprehensive income
 
 
-
 
 
8.0
 
 
-
 
 
8.0
 
Net current-period other comprehensive income
 
 
(23.1)
 
 
5.3
 
 
-
 
 
(17.8)
 
Balance, June 30, 2013
 
$
(106.7)
 
$
(271.1)
 
$
(2.0)
 
$
(379.8)
 
 
Reclassifications out of accumulated other comprehensive income for the six months ended June 30, 2013, are as follows: 
 
Details about accumulated other
comprehensive income components
 
Amount reclassified
from accumulated other
comprehensive income (1)
 
Affected line item in
the statement where
net income is presented
 
 
 
(in millions)
 
 
 
 
Amortization of pension and other postretirement plan items:
 
 
 
 
 
 
 
Prior service cost
 
$
(0.4)
 
 
(2)
 
Recognized actuarial loss
 
 
(12.4)
 
 
(2)
 
 
 
 
(12.8)
 
 
Total before tax
 
 
 
 
4.8
 
 
Tax benefit
 
 
 
$
(8.0)
 
 
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 June 30, 2013.