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Accumulated other comprehensive loss
6 Months Ended
Jun. 30, 2013
Text Block [Abstract]  
Accumulated other comprehensive loss

Note 11 – Accumulated other comprehensive loss:

Changes in accumulated other comprehensive loss for the three and six months ended June 30, 2012 and 2013 are presented in the table below.

 

     Three months ended
June  30,
    Six months ended
June  30,
 
     2012     2013     2012     2013  
     (In millions)  

Accumulated other comprehensive loss, net of tax:

        

Marketable securities:

        

Balance at beginning of period

   $ (2.1   $ 7.9      $ 5.1      $ 4.2   

Other comprehensive income (loss) – unrealized gains (losses) arising during the year

     (10.7     (2.5     (17.9     1.2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ (12.8   $ 5.4      $ (12.8   $ 5.4   
  

 

 

   

 

 

   

 

 

   

 

 

 

Currency translation:

        

Balance at beginning of period

   $ (75.2   $ (90.8   $ (91.8   $ (63.5

Other comprehensive gain (loss)

     (39.1     5.7        (22.5     (21.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ (114.3   $ (85.1   $ (114.3   $ (85.1
  

 

 

   

 

 

   

 

 

   

 

 

 

Defined benefit pension plans:

        

Balance at beginning of period

   $ (97.5   $ (134.8   $ (99.2   $ (137.3

Other comprehensive income – amortization of prior service cost and net losses included in net periodic pension cost

     1.8        2.5        3.5        5.0   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ (95.7   $ (132.3   $ (95.7   $ (132.3
  

 

 

   

 

 

   

 

 

   

 

 

 

OPEB plans:

        

Balance at beginning of period

   $ .1      $ (.5   $ .1      $ (.5

Other comprehensive loss – amortization of prior service credit and net losses included in net periodic OPEB cost

     (.1     (.1     (.1     (.1
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ —        $ (.6   $ —        $ (.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Total accumulated other comprehensive loss:

        

Balance at beginning of period

   $ (174.7   $ (218.2   $ (185.8   $ (197.1

Other comprehensive gain (loss)

     (48.1     5.6        (37.0     (15.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of period

   $ (222.8   $ (212.6   $ (222.8   $ (212.6
  

 

 

   

 

 

   

 

 

   

 

 

 

See Note 9 for amounts related to our defined benefit pension plans and OPEB plans.