Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2012

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive (Income) Loss

In the first quarter of 2012, the Company made a cumulative correction of an error related to the translation of its Argentina operations from its functional currency of the Argentinean peso into its reporting currency.  This resulted in a $2.1 million decrease in property and equipment, a $4.0 million decrease in goodwill, with a corresponding offset to the foreign currency translation component of accumulated other comprehensive loss.  This correction also decreased first quarter 2012 Comprehensive income by $6.1 million.  This correction did not have a material impact on the Company’s current or previously issued consolidated financial statements.

The components of total comprehensive income (loss) are as follows:

	Three Months Ended September 30,					Nine Months Ended September 30,
(in millions)	2012		2011			2012		2011
Comprehensive income (loss) attributable to Bemis Company, Inc.	$	67.3	$	(109.4	)	$	106.5	$	67.6
Comprehensive income (loss) attributable to noncontrolling interests	—		0.3			—		5.3
Total comprehensive income (loss)	$	67.3	$	(109.1	)	$	106.5	$	72.9

The components of accumulated other comprehensive loss are as follows as of:

	September 30,			December 31,
(in millions)	2012			2011
Foreign currency translation	$	86.0		$	128.8
Pension and other postretirement liability adjustment, net of tax effect of $121.1 and $130.1	(203.9		)	(219.6		)
Unrecognized gain on derivative	—			0.1
Accumulated other comprehensive loss	$	(117.9	)	$	(90.7	)