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Comprehensive Income
9 Months Ended
Sep. 30, 2012
Comprehensive Income

11. Comprehensive Income

Income tax expense allocated to each component of other comprehensive income (loss) for the three and nine months ended September 30, 2012 and 2011 was as follows:

 

     Three Months Ended
September 30, 2012
     Nine Months Ended
September 30, 2012
 
     Before
Tax
Amount
     Income
Tax
Expense
     Net of Tax
Amount
     Before
Tax
Amount
     Income
Tax
Expense
     Net of Tax
Amount
 

Translation adjustments

   $ 35.9       $ —         $ 35.9       $ 16.1       $ —         $ 16.1   

Adjustment for net periodic pension and postretirement benefit cost

     10.3         4.0         6.3         13.9         6.1         7.8   

Change in fair value of derivatives

     0.2         0.1         0.1         0.8         0.3         0.5   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Other comprehensive income

   $ 46.4       $ 4.1       $ 42.3       $ 30.8       $ 6.4       $ 24.4   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

     Three Months Ended
September 30, 2011
    Nine Months Ended
September 30, 2011
 
     Before
Tax
Amount
    Income
Tax
Expense
     Net of Tax
Amount
    Before
Tax
Amount
    Income
Tax
Expense
     Net of Tax
Amount
 

Translation adjustments

   $ (102.6   $ —         $ (102.6   $ (50.4   $ —         $ (50.4

Adjustment for net periodic pension and postretirement benefit cost

     6.7        2.5         4.2        108.8        42.4         66.4   

Change in fair value of derivatives

     0.2        0.1         0.1        1.0        0.4         0.6   
  

 

 

   

 

 

    

 

 

   

 

 

   

 

 

    

 

 

 

Other comprehensive income (loss)

   $ (95.7   $ 2.6       $ (98.3   $ 59.4      $ 42.8       $ 16.6