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Comprehensive Income
6 Months Ended
Jun. 30, 2011
Comprehensive Income.  
Comprehensive Income

 

Note 10 — Comprehensive Income

 

Comprehensive income represents net income and other gains and losses affecting stockholders’ equity that are not reflected in the condensed consolidated statements of operations. The components of comprehensive income for the quarters and six months ended June 30, 2011 and 2010 were as follows:

 

 

 

Quarter Ended June 30,

 

Six Months Ended June 30,

 

(In millions)

 

2011

 

2010

 

2011

 

2010

 

Net income

 

$

37.4

 

$

23.1

 

$

63.8

 

$

38.9

 

Currency translation adjustments

 

6.6

 

(19.3

)

24.4

 

(36.5

)

Pension and other postretirement obligations

 

0.2

 

0.1

 

0.9

 

1.5

 

Net unrealized (losses) gains on financial instruments

 

(1.1

)

(2.2

)

4.2

 

(5.2

)

Comprehensive income (loss)

 

$

43.1

 

$

1.7

 

$

93.3

 

$

(1.3

)