Comprehensive Income

3 Months Ended

Mar. 31, 2013

Comprehensive Income

11. Comprehensive Income

Income tax expense allocated to each component of other comprehensive income for the three months ended March31, 2013 and 2012 was as follows:

	Three Months Ended
	March 31, 2013
	Before Tax		Income Tax		Net of Tax
	Amount		Expense		Amount
Translation adjustments	$	7.1	$	-	$	7.1
Adjustment for net periodic pension and other postretirement benefits plan cost		7.8		8.7		(0.9)
Change in fair value of derivatives		0.1		-		0.1
Other comprehensive income	$	15.0	$	8.7	$	6.3

During the three months ended March 31, 2013, translation adjustments and income tax expense on pension and other postretirement benefits plan cost were adjusted to reflect previously recorded changes at their historical exchange rates.

	Three Months Ended
	March 31, 2012
	Before Tax		Income Tax		Net of Tax
	Amount		Expense		Amount
Translation adjustments	$	41.8	$	-	$	41.8
Adjustment for net periodic pension and other postretirement benefits plan cost		1.6		0.9		0.7
Change in fair value of derivatives		0.5		0.2		0.3
Other comprehensive income	$	43.9	$	1.1	$	42.8

Changes in accumulated other comprehensive loss by component for the three months ended March31, 2013 and 2012 were as follows:

	Changes in the Fair Value of Derivatives		Pension and Other Postretirement Benefits Plan Cost		Translation Adjustments		Total
Balance at December 31, 2012	$	(0.6)	$	(1,085.1)	$	56.5	$	(1,029.2)
Other comprehensive income (loss)before reclassifications		-		(5.7)		7.1		1.4
Amount reclassified from accumulated other comprehensiveloss		0.1		4.8		-		4.9
Net change in accumulated other comprehensive loss		0.1		(0.9)		7.1		6.3
Balance at March 31, 2013	$	(0.5)	$	(1,086.0)	$	63.6	$	(1,022.9)

	Changes in the Fair Value of Derivatives		Pension and Other Postretirement Benefits Plan Cost		Translation Adjustments		Total
Balance at December 31, 2011	$	(1.1)	$	(907.5)	$	45.3	$	(863.3)
Other comprehensive income (loss) before reclassifications		-		(0.8)		41.7		40.9
Amount reclassified from accumulated other comprehensive loss		0.3		1.5		-		1.8
Net change in accumulated other comprehensive loss		0.3		0.7		41.7		42.7
Balance at March 31, 2012	$	(0.8)	$	(906.8)	$	87.0	$	(820.6)

Reclassifications from accumulated other comprehensive loss for the three months ended March31, 2013 and 2012 were as follows:

	Three Months Ended March 31,				Classification in the Condensed Consolidated Statements of Operations
	2013		2012
Amortization of pension and other postretirement benefits plan cost:
Net actuarial loss	$	12.6	$	7.1	(a)
Net prior service credit		(4.9)		(5.0)	(a)
Reclassifications before tax		7.7		2.1
Income tax expense		2.9		0.6
Reclassifications, net of tax	$	4.8	$	1.5

(a)These accumulated other comprehensive income components are included in the calculation of net periodic pension and other postretirement benefits plan income recognized in cost of sales and selling, general and administrative expenses in the Condensed Consolidated Statements of Operations(see Note 7).