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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2017
Comprehensive Income Net Of Tax [Abstract]  
Accumulated Other Comprehensive Loss

NOTE 7—ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table summarizes activity within accumulated other comprehensive loss during the six months ended June 30, 2017:

 

(In millions)

Currency Translation Adjustments

 

 

Pension Benefit Adjustments

 

 

Accumulated Other Comprehensive Loss

 

Balance, December 31, 2016

 

(8.2

)

 

 

1.1

 

 

 

(7.1

)

Current period currency translation adjustments

 

5.7

 

 

 

 

 

 

5.7

 

Balance, June 30, 2017

$

(2.5

)

 

$

1.1

 

 

$

(1.4

)

Included in current period currency translation adjustments for the six months ended June 30, 2017 are $3.0 million of currency translation adjustment gains associated with intercompany loans considered long-term in nature and $2.7 million of gains related to the translation adjustments of accounts denominated in foreign currencies.