Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2015

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

11.Accumulated Other Comprehensive Income

Comprehensive income 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 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 (in millions):

	Three Months Ended June 30,					Six Months Ended June 30,
	2015		2014			2015			2014
Consolidated net income	$	23.1	$	16.8		$	30.0		$	26.8
Foreign currency translation adjustments	35.8		(3.5		)	(37.1		)	(0.6		)
Pension liability adjustments	0.5		—			8.8			(0.1		)
Other	—		—			—			0.3
Net comprehensive income	59.4		13.3			1.7			26.4
Less: Comprehensive income attributable to noncontrolling interests	0.8		0.5			1.2			2.1
Comprehensive income attributable to Bruker Corporation	$	58.6	$	12.8		$	0.5		$	24.3

The following is a summary of the components of accumulated other comprehensive income, net of tax, at June 30, 2015 (in millions):

	Foreign Currency Translation			Pension Liability Adjustment			Accumulated Other Comprehensive Income
Balance at December 31, 2014	$	66.0		$	(37.8	)	$	28.2
Other comprehensive loss before reclassifications	(36.8		)	(1.3		)	(38.1		)
Realized loss on reclassification, net of tax of $2.1 million	—			10.1			10.1
Net current period other comprehensive income (loss)	(36.8		)	8.8			(28.0		)
Balance at June 30, 2015	$	29.2		$	(29.0	)	$	0.2