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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2012
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss at December 31 consisted of the following:
 
 
 
2012
 
2011
Foreign currency translation adjustments
 
$
(317.6
)
 
$
(325.0
)
Pension and postretirement adjustment, net of taxes of $257.4 and $252.9
 
(548.0
)
 
(515.9
)
Net derivative losses from cash flow hedges, net of taxes of $3.7 and $5.8
 
(11.1
)
 
(13.5
)
Total
 
$
(876.7
)
 
$
(854.4
)

Foreign exchange net gains of $7.7 for 2012 and net losses of $2.0 for 2011 resulting from the translation of actuarial losses, prior service credit and translation obligation recorded in AOCI are included in foreign currency translation adjustments in the rollforward of accumulated other comprehensive loss on the Consolidated Statements of Changes in Shareholders Equity. During 2011, we identified an out-of-period adjustment relating to balances included in AOCI relating to Avon Japan. See Note 1, Description of the Business and Summary of Significant Accounting Policies, for further information.