Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2014

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

11.Accumulated Other Comprehensive Income (Loss)

Comprehensive income (loss) refers to revenues, expenses, gains and losses that under U.S. GAAP are included in other comprehensive income, but excluded from net income as these amounts are recorded directly as an adjustment to shareholders’ equity, net of tax. The Company’s other comprehensive income (loss) is composed primarily of foreign currency translation adjustments and changes in the funded status of defined benefit pension plans. The following is a summary of comprehensive income (loss) (in millions):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Consolidated net income	$	6.3		$	16.9		$	33.1		$	45.9
Foreign currency translation adjustments	(84.1		)	37.6			(84.7		)	12.3
Pension liability adjustments	1.1			(1.0		)	1.0			0.7
Other	—			—			0.3			—
Net comprehensive income (loss)	(76.7		)	53.5			(50.3		)	58.9
Less: Comprehensive income (loss) attributable to noncontrolling interests	0.8			0.3			2.5			1.0
Comprehensive income (loss) attributable to Bruker Corporation	$	(77.5	)	$	53.2		$	(52.8	)	$	57.9

The following is a summary of the components of accumulated other comprehensive income (loss), net of tax, at September 30, 2014 (in millions):

	Foreign Currency Translation			Pension Liability Adjustment			Accumulated Other Comprehensive Income
Balance at December 31, 2013	$	197.6		$	(15.2	)	$	182.4
Other comprehensive income (loss) before reclassifications	(84.7		)	1.0			(83.7		)
Balance at September 30, 2014	$	112.9		$	(14.2	)	$	98.7