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Other Comprehensive Income
9 Months Ended
Sep. 30, 2011
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] 
Other Comprehensive Income
11. Other Comprehensive Income
 
The components of comprehensive income, net of taxes, are as follows:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2011
 
2010
 
2011
 
2010
 
 
(In millions)
Net income
 
$
16.5

 
$
14.3

 
$
46.6

 
$
48.0

Other comprehensive income, net of tax:
 
 

 
 

 
 

 
 

Interest rate swap
 

 
2.4

 

 
6.9

Total comprehensive income
 
$
16.5

 
$
16.7

 
$
46.6

 
$
54.9

 
The amount of income tax benefit allocated to the interest rate swap was $1.5 million and $4.5 million for the three months and nine months ended September 30, 2010, respectively. The loss related to an interest rate swap designated as a cash flow hedge that was being reclassified into earnings as interest expense over the expected life of the related debt, which was estimated to be approximately five years. The entire amount of loss remaining at the time of retirement of the related designated debt was reclassified into earnings in October 2010.
 
The accumulated comprehensive loss of $0.3 million (net of tax) reflected in the Consolidated Balance Sheet as of September 30, 2011 and December 31, 2010 is primarily comprised of a temporary decline in available-for-sale securities.