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Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive (Loss) Income

The components of accumulated other comprehensive (loss) income as of December 31, 2014 and 2013 were as follows:

(In millions)

 

2014

 

 

2013

 

Currency translation adjustments (a)

 

$

(32.8

)

 

$

26.7

 

Net unrealized gains on financial instruments, net of tax (b)

 

 

(9.3

)

 

 

8.2

 

Pension obligation adjustment, net of tax (c)

 

 

(27.6

)

 

 

(24.2

)

Accumulated other comprehensive (loss) income

 

$

(69.7

)

 

$

10.7

 

 

 

(a)

The currency translation adjustments are not currently adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.

(b)

Reduced by the tax impact of 3.2 million and ($1.8) million at December 31, 2014 and 2013, respectively.

(c)

Reduced by the tax impact of $12.1 million and $11.1 million at December 31, 2014 and 2013, respectively.