Schedule of Accumulated Other Comprehensive Loss |
The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive loss attributable to Accenture plc: | | | | | | | | | | | | | | | | | | Three Months Ended | | Nine Months Ended | | May 31, 2016 | | May 31, 2015 | | May 31, 2016 | | May 31, 2015 | Foreign currency translation | | | | | | | | Beginning balance | $ | (992,515 | ) | | $ | (667,596 | ) | | $ | (853,504 | ) | | $ | (324,596 | ) | Foreign currency translation | 92,038 |
| | (87,630 | ) | | (50,635 | ) | | (429,264 | ) | Income tax (expense) benefit | (5,170 | ) | | (229 | ) | | (3,677 | ) | | 2,962 |
| Portion attributable to noncontrolling interests | (846 | ) | | (2,754 | ) | | 1,323 |
| | (7,311 | ) | Foreign currency translation, net of tax | 86,022 |
| | (90,613 | ) | | (52,989 | ) | | (433,613 | ) | Ending balance | (906,493 | ) | | (758,209 | ) | | (906,493 | ) | | (758,209 | ) | | | | | | | | | Defined benefit plans | | | | | | | | Beginning balance | (515,973 | ) | | (523,014 | ) | | (523,619 | ) | | (531,143 | ) | Actuarial losses | — |
| | (67,090 | ) | | — |
| | (67,090 | ) | Pension settlement | — |
| | 64,382 |
| | — |
| | 64,382 |
| Reclassifications into net periodic pension and post-retirement expense (1) | 6,633 |
| | 7,863 |
| | 19,838 |
| | 21,172 |
| Income tax expense | (820 | ) | | (1,828 | ) | | (6,014 | ) | | (6,530 | ) | Portion attributable to noncontrolling interests | (256 | ) | | (171 | ) | | (621 | ) | | (649 | ) | Defined benefit plans, net of tax | 5,557 |
| | 3,156 |
| | 13,203 |
| | 11,285 |
| Ending balance | (510,416 | ) | | (519,858 | ) | | (510,416 | ) | | (519,858 | ) | | | | | | | | | Cash flow hedges | | | | | | | | Beginning balance | (11,486 | ) | | 57,720 |
| | (33,288 | ) | | (16,209 | ) | Unrealized gains (losses) | 74,580 |
| | (42,442 | ) | | 99,328 |
| | 75,374 |
| Reclassification adjustments into Cost of services | (9,607 | ) | | (8,736 | ) | | (5,628 | ) | | (13,458 | ) | Income tax (expense) benefit | (26,554 | ) | | 17,330 |
| | (32,437 | ) | | (17,491 | ) | Portion attributable to noncontrolling interests | (1,709 | ) | | 1,927 |
| | (2,751 | ) | | (2,417 | ) | Cash flow hedges, net of tax | 36,710 |
| | (31,921 | ) | | 58,512 |
| | 42,008 |
| Ending balance (2) | 25,224 |
| | 25,799 |
| | 25,224 |
| | 25,799 |
| | | | | | | | | Marketable securities | | | | | | | | Beginning balance | (1,659 | ) | | — |
| | (1,561 | ) | | — |
| Unrealized gains | 1,264 |
| | — |
| | 1,094 |
| | — |
| Income tax expense | (491 | ) | | — |
| | (424 | ) | | — |
| Portion attributable to noncontrolling interests | (35 | ) | | — |
| | (30 | ) | | — |
| Marketable securities, net of tax | 738 |
| | — |
| | 640 |
| | — |
| Ending balance | (921 | ) | | — |
| | (921 | ) | | — |
| | | | | | | | | Accumulated other comprehensive loss | $ | (1,392,606 | ) | | $ | (1,252,268 | ) | | $ | (1,392,606 | ) | | $ | (1,252,268 | ) |
_______________ | | (1) | Reclassifications into net periodic pension and post-retirement expense are recognized in Cost of services, Sales and marketing and General and administrative costs. |
| | (2) | As of May 31, 2016, $32,458 of net unrealized gains related to derivatives designated as cash flow hedges is expected to be reclassified into Cost of services in the next 12 months. |
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