Other Comprehensive Income Items

12 Months Ended

Oct. 31, 2014

Other Comprehensive Income Items

Other Comprehensive Income Items

Note 19. Other Comprehensive Income Items

The after-tax changes in accumulated other comprehensive income (loss) were as follows (in millions of dollars):

	2014			2013			2012
Cumulative translation adjustment:
Beginning of year balance	$	39.5		$	33.2		$	62.4
Current period activity	(33.5		)	6.3			(29.2		)
End of year balance	$	6.0		$	39.5		$	33.2
Unrealized gain (loss) on derivatives:
Beginning of year balance	$	(3.9	)	$	(11.6	)	$	(8.3	)
Current period activity	3.3			7.7			(3.3		)
End of year balance	$	(.6	)	$	(3.9	)	$	(11.6	)

Following are amounts recorded in and reclassifications out of other comprehensive income (loss) and the income tax effects (in millions of dollars):

	Before Tax Amount			Tax (Expense) Credit			After Tax Amount
2014
Cumulative translation adjustment	$	(33.5	)				$	(33.5	)
Unrealized gain (loss) on derivatives:
Unrealized hedging loss	(10.2		)	$	3.6		(6.6		)
Reclassification of realized (gain) loss to:
Interest rate contracts — Interest expense	9.8			(3.5		)	6.3
Foreign exchange contracts — Administrative and operating expenses	5.5			(1.9		)	3.6
Net unrealized gain on derivatives	5.1			(1.8		)	3.3
Total other comprehensive income (loss)	$	(28.4	)	$	(1.8	)	$	(30.2	)
2013
Cumulative translation adjustment	$	6.3					$	6.3
Unrealized gain (loss) on derivatives:
Unrealized hedging gain	33.3			$	(11.6	)	21.7
Reclassification of realized (gain) loss to:
Interest rate contracts — Interest expense	17.8			(6.2		)	11.6
Foreign exchange contracts — Administrative and operating expenses	(39.3		)	13.7			(25.6		)
Net unrealized gain on derivatives	11.8			(4.1		)	7.7
Total other comprehensive income (loss)	$	18.1		$	(4.1	)	$	14.0
2012
Cumulative translation adjustment	$	(29.2	)				$	(29.2	)
Unrealized gain (loss) on derivatives:
Unrealized hedging loss	(60.5		)	$	21.4		(39.1		)
Reclassification of realized (gain) loss to:
Interest rate contracts — Interest expense	13.1			(4.6		)	8.5
Foreign exchange contracts — Administrative and operating expenses	42.3			(15.0		)	27.3
Net unrealized loss on derivatives	(5.1		)	1.8			(3.3		)
Total other comprehensive income (loss)	$	(34.3	)	$	1.8		$	(32.5	)