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Comprehensive Income (loss)
3 Months Ended
Mar. 31, 2012
Comprehensive Income (loss) [Abstract]  
Comprehensive Income (Loss)

Note 13. Comprehensive Income (Loss)

Total comprehensive income (loss) consisted of the following:

 

                 
    Three Months Ended
March 31,
 
    2012     2011  
    (Dollars in millions)  

Net income attributable to Goodrich

  $ 188.2     $ 194.8  

Other comprehensive income (loss), net of tax:

               

Unrealized foreign currency translation gains (losses) during the period

    68.6       60.6  

Pension/OPEB liability adjustments during the period, net of tax for the three months ended March 31, 2012 and 2011 of ($6.5) and ($5.7), respectively

    11.5       8.8  

Gain (loss) on cash flow hedges, net of tax for the three months ended March 31, 2012 and 2011 of ($16.2) and ($22.7), respectively

    35.2       48.0  

Less: Other comprehensive income (loss) attributable to noncontrolling interests

           
   

 

 

   

 

 

 

Total comprehensive income (loss) attributable to Goodrich

  $ 303.5     $ 312.2  
   

 

 

   

 

 

 

Accumulated other comprehensive income (loss) consisted of the following:

 

                 
    March 31,
2012
    December 31,
2011
 
    (Dollars in millions)  

Cumulative unrealized foreign currency translation gains, net of deferred taxes of ($1.5) and ($1.5), respectively(1)

  $ 123.5     $ 54.9  

Pension/OPEB liability adjustments, net of deferred taxes of $610.6 and $617.1, respectively

    (1,047.1     (1,058.6

Accumulated gains (losses) on cash flow hedges, net of deferred taxes of ($12.1) and $4.1, respectively

    27.7       (7.5
   

 

 

   

 

 

 

TOTAL

  $ (895.9   $ (1,011.2
   

 

 

   

 

 

 

 

(1) Other than noted above, no income taxes were provided on foreign currency translation gains (losses) for comprehensive income (loss) and accumulated other comprehensive income (loss) as foreign earnings are considered permanently invested.