Other Comprehensive Income Items

12 Months Ended

Nov. 03, 2019

Other Comprehensive Income Items

Other Comprehensive Income Items

Note 20. Other Comprehensive Income Items

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

	2019		2018		2017
Cumulative translation adjustment:
Beginning of year balance	$	(80.7)	$	(60.0)	$	(84.1)
Current period activity		(7.7)		(20.7)		24.1
End of year balance	$	(88.4)	$	(80.7)	$	(60.0)
Unrealized gain (loss) on derivatives:
Beginning of year balance	$	14.8	$	4.2	$	.3
Current period activity		(21.8)		9.1		3.9
ASU No. 2018-02 adoption				1.5
End of year balance	$	(7.0)	$	14.8	$	4.2
Unrealized gain (loss) on debt securities:
Beginning of year balance
Current period activity	$	(2.0)
End of year balance	$	(2.0)

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

	Before		Tax		After
	Tax		(Expense)		Tax
	Amount		Credit		Amount
2019
Cumulative translation adjustment	$	(7.7)			$	(7.7)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		(22.2)	$	4.7		(17.5)
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5.5)		1.2		(4.3)
Net unrealized gain (loss) on derivatives		(27.7)		5.9		(21.8)
Unrealized gain (loss) on debt securities:
Unrealized holding gain (loss)		(2.7)		.7		(2.0)
Total other comprehensive income (loss)	$	(38.1)	$	6.6	$	(31.5)
2018
Cumulative translation adjustment	$	(20.7)			$	(20.7)
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		17.8	$	(4.5)		13.3
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		(5.5)		1.3		(4.2)
Net unrealized gain (loss) on derivatives		12.3		(3.2)		9.1
Total other comprehensive income (loss)	$	(8.4)	$	(3.2)	$	(11.6)
2017
Cumulative translation adjustment	$	24.1			$	24.1
Unrealized gain (loss) on derivatives:
Unrealized hedging gain (loss)		4.9	$	(1.7)		3.2
Reclassification of realized (gain) loss to:
Interest rate contracts – Interest expense		1.1		(.4)		.7
Net unrealized gain (loss) on derivatives		6.0		(2.1)		3.9
Total other comprehensive income (loss)	$	30.1	$	(2.1)	$	28.0