Accumulated Other Comprehensive Loss |
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Accumulated Other Comprehensive Loss |
Note 11 — Accumulated Other Comprehensive Loss
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 accumulated other comprehensive loss as of March 31, 2020 and December 31, 2019 were as follows:
The amounts of net gains reclassified to earnings from the unrecognized net defined benefit and postretirement plan costs component of accumulated other comprehensive loss for the three months ended March 31, 2020, were $0.2 million less taxes of $0.1 million. The amounts reclassified to earnings from the change in fair value of the derivatives component of accumulated other comprehensive loss for the three months ended March 31, 2020 were net losses of $4.4 million less taxes of $1.1 million, for those related to foreign currency forward exchange contracts and $1.3 million less taxes of $0.3 million, related to commodity swaps. We also recorded net losses of $0.4 million less taxes of $0.1 million related to interest rate swaps.
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