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Accumulated Other Comprehensive Earnings
12 Months Ended
Dec. 31, 2012
Accumulated Other Comprehensive Earnings
15. Accumulated Other Comprehensive Earnings

The after-tax components of our accumulated comprehensive earnings (loss) consist of the following:

 

     Pension
Liability
    Foreign
Currency
Translation
    Fair Value
of Derivative
Instruments
    Accumulated
Comprehensive
Earnings (Loss)
 

Balance as of January 1, 2010

   $ (20.5   $ 10.4      $ 1.1      $ (9.0

Net change in period

     2.1        10.1        (1.0     11.2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2010

   $ (18.4   $ 20.5      $ 0.1      $ 2.2   

Net change in period

     (30.6     (16.1     (2.7     (49.4
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2011

   $ (49.0   $ 4.4      $ (2.6   $ (47.2

Net change in period

     (3.4     16.1        1.7        14.4   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of December 31, 2012

   $ (52.4   $ 20.5      $ (0.9   $ (32.8
  

 

 

   

 

 

   

 

 

   

 

 

 

The foreign currency translation in 2012, 2011 and 2010 primarily relates to the net impact of changes in the value of the local currencies relative to the U.S. dollar for our operations in Australia, Canada, India, Singapore and the U.K.