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Accumulated other comprehensive income (loss) (Tables)
3 Months Ended
Mar. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income (Loss)
Other comprehensive income (loss), including the amounts reclassified from accumulated other comprehensive loss into earnings, was as follows:
 
Amounts Arising During
the Current Period
 
Amounts Reclassified to
Net Income (Loss)
 
 
(In millions)
Pretax
 
Income
Tax
 
Pretax
 
Income
Tax
 
Total Other
Comprehensive
Income (Loss)
Three months ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts attributable to Brink's:
 
 
 
 
 
 
 
 
 
Benefit plan adjustments
$
(1.1
)
 
0.3

 
12.3

 
(4.2
)
 
7.3

Foreign currency translation adjustments
17.1

 

 

 

 
17.1

Unrealized gains (losses) on available-for-sale securities
0.2

 

 

 

 
0.2

Gains (losses) on cash flow hedges
(1.0
)
 
0.1

 
0.7

 

 
(0.2
)
 
15.2

 
0.4

 
13.0

 
(4.2
)
 
24.4

 
 
 
 
 
 
 
 
 
 
Amounts attributable to noncontrolling interests:
 

 
 

 
 

 
 

 
 

Benefit plan adjustments

 

 
0.1

 

 
0.1

Foreign currency translation adjustments
0.7

 

 

 

 
0.7

 
0.7

 

 
0.1

 

 
0.8

 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Benefit plan adjustments(a)
(1.1
)
 
0.3

 
12.4

 
(4.2
)
 
7.4

Foreign currency translation adjustments
17.8

 

 

 

 
17.8

Unrealized gains (losses) on available-for-sale securities(b)
0.2

 

 

 

 
0.2

Gains (losses) on cash flow hedges(c)
(1.0
)
 
0.1

 
0.7

 

 
(0.2
)
 
$
15.9

 
0.4

 
13.1

 
(4.2
)
 
25.2

 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2015
 

 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Amounts attributable to Brink's:
 

 
 

 
 

 
 

 
 

Benefit plan adjustments
$
(4.6
)
 
1.2

 
15.7

 
(5.2
)
 
7.1

Foreign currency translation adjustments
(48.9
)
 

 

 

 
(48.9
)
Gains (losses) on cash flow hedges
2.1

 

 
(2.1
)
 

 

 
(51.4
)
 
1.2

 
13.6

 
(5.2
)
 
(41.8
)
 
 
 
 
 
 
 
 
 
 
Amounts attributable to noncontrolling interests:
 

 
 

 
 

 
 

 
 

Benefit plan adjustments

 

 
0.1

 

 
0.1

Foreign currency translation adjustments
(1.5
)
 

 

 

 
(1.5
)
 
(1.5
)
 

 
0.1

 

 
(1.4
)
 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Benefit plan adjustments(a)
(4.6
)
 
1.2

 
15.8

 
(5.2
)
 
7.2

Foreign currency translation adjustments
(50.4
)
 

 

 

 
(50.4
)
Gains (losses) on cash flow hedges(c)
2.1

 

 
(2.1
)
 

 

 
$
(52.9
)
 
1.2

 
13.7

 
(5.2
)
 
(43.2
)
(a)
The amortization of prior experience losses and prior service cost is part of total net periodic retirement benefit cost when reclassified to net income.  Net periodic retirement benefit cost also includes service costs, interest costs, expected returns on assets, and settlement costs.  The total pretax expense is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis:
 
Three Months Ended March 31,
(In millions)
2016
 
2015
Total net periodic retirement benefit cost included in:
 
 
 
Cost of revenues
$
10.4

 
9.9

Selling, general and administrative expenses
2.1

 
3.7


(b)
Gains and losses on sales of available-for-sale securities are reclassified from accumulated other comprehensive loss to the income statement when the gains or losses are realized.  Pretax amounts are classified in the income statement as interest and other income (expense).
(c)
Pretax gains and losses on cash flow hedges are classified in the income statement as:
other operating income (expense) ($0.6 million of losses in the three months ended March 31, 2016 and $2.3 million of gains in the three months ended March 31, 2015)
interest and other income (expense) ($0.1 million of losses in the three months ended March 31, 2016 and $0.2 million of losses in the three months ended March 31, 2015).

Reclassification out of Accumulated Other Comprehensive Income
The total pretax expense is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis:
 
Three Months Ended March 31,
(In millions)
2016
 
2015
Total net periodic retirement benefit cost included in:
 
 
 
Cost of revenues
$
10.4

 
9.9

Selling, general and administrative expenses
2.1

 
3.7


(b)
Gains and losses on sales of available-for-sale securities are reclassified from accumulated other comprehensive loss to the income statement when the gains or losses are realized.  Pretax amounts are classified in the income statement as interest and other income (expense).
(c)
Pretax gains and losses on cash flow hedges are classified in the income statement as:
other operating income (expense) ($0.6 million of losses in the three months ended March 31, 2016 and $2.3 million of gains in the three months ended March 31, 2015)
interest and other income (expense) ($0.1 million of losses in the three months ended March 31, 2016 and $0.2 million of losses in the three months ended March 31, 2015).
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive loss attributable to Brink’s are as follows:

(In millions)
Benefit Plan Adjustments
 
Foreign Currency Translation Adjustments
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Gains (Losses) on Cash Flow Hedges
 
Total
 
 
 
 
 
 
 
 
 
 
Balance as of December 31, 2015
$
(570.5
)
 
(322.6
)
 
1.1

 
0.1

 
(891.9
)
Other comprehensive income (loss) before reclassifications
(0.8
)
 
17.1

 
0.2

 
(0.9
)
 
15.6

Amounts reclassified from accumulated other comprehensive loss
8.1

 

 

 
0.7

 
8.8

Other comprehensive income (loss) attributable to Brink's
7.3

 
17.1

 
0.2

 
(0.2
)
 
24.4

Balance as of March 31, 2016
$
(563.2
)
 
(305.5
)
 
1.3

 
(0.1
)
 
(867.5
)