Other Comprehensive Income Information

3 Months Ended

Mar. 31, 2015

Other Comprehensive Income Information

Other Comprehensive Income Information

9.Other Comprehensive Income Information

Comprehensive income (loss) includes net income, foreign currency translation adjustments, unrecognized gains and losses on securities, defined benefit pension and postretirement plan adjustments, gains and losses on derivative instruments designated and effective as cash flow hedges and non-derivative instruments designated and effective as foreign currency net investment hedges that are charged or credited to the accumulated other comprehensive loss account in shareholders’ equity.

The following table provides other comprehensive income information related to the company’s derivatives and hedging instruments and pension and postretirement benefits.

See Note 8 for additional information related to the company’s derivatives and hedging transactions. See Note 13 for additional information related to the company’s recognition of net actuarial losses and amortization of prior service benefits.

	First Quarter Ended
	March 31
(millions)	2015			2014
Derivative & Hedging Instruments
Unrealized gains (losses) on derivative & hedging instruments
Amount recognized into AOCI	$	10.9		$	0.2
(Gains) losses reclassified from AOCI into income
Cost of sales	(4.8		)	0.2
SG&A	(0.5		)	(0.6		)
Interest expense, net	1.2			1.0
	(4.1		)	0.6
Translation & other insignificant activity	(0.4		)	0.7
Tax impact	1.4			(1.5		)
Net of tax	$	7.8		$	—
Pension & Postretirement Benefits
Amounts reclassified from AOCI into income
Actuarial losses	$	14.5		$	5.8
Prior service costs	(1.7		)	(1.7		)
	12.8			4.1
Tax impact	(4.8		)	(1.5		)
Net of tax	$	8.0		$	2.6

Amounts reclassified from AOCI into income, net of tax, were derivative gain of $3.2 million in the first quarter of 2015 and derivative loss of $0.3 million in the first quarter of 2014. The pension and postretirement net actuarial loss and prior service cost reclassified from AOCI into income, net of tax, were $8.0 million and $2.6 million in first quarter of 2015 and 2014, respectively.