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Accumulated Other Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2015
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss)
The tables below present the changes in accumulated other comprehensive loss ("AOCI") by component and the reclassifications out of AOCI for the three months ended March 31, 2015 and 2014:
Three Months Ended March 31, 2015:
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Net Investment Hedges
 
Pension and Postretirement Benefits
 
Total
Balance at December 31, 2014
 
$
(677.0
)
 
$
(3.2
)
 
$
(4.3
)
 
$
(533.1
)
 
$
(1,217.6
)
Other comprehensive loss other than reclassifications
 
(126.1
)
 

 

 
(3.6
)
 
(129.7
)
Reclassifications into earnings:
 
 
 
 
 
 
 
 
 
 
Derivative losses on cash flow hedges, net of tax of $0.0(1)
 

 
.4

 

 

 
.4

Amortization of net actuarial loss and prior service cost, net of tax of $.3(2)
 

 

 

 
13.3

 
13.3

Total reclassifications into earnings
 

 
.4

 

 
13.3

 
13.7

Balance at March 31, 2015
 
$
(803.1
)
 
$
(2.8
)
 
$
(4.3
)
 
$
(523.4
)
 
$
(1,333.6
)
Three Months Ended March 31, 2014:
 
Foreign Currency Translation Adjustments
 
Cash Flow Hedges
 
Net Investment Hedges
 
Pension and Postretirement Benefits
 
Total
Balance at December 31, 2013
 
$
(429.3
)
 
$
(5.1
)
 
$
(4.3
)
 
$
(431.7
)
 
$
(870.4
)
Other comprehensive loss other than reclassifications
 
(9.0
)
 

 

 

 
(9.0
)
Reclassifications into earnings:
 
 
 
 
 
 
 
 
 
 
Derivative losses on cash flow hedges, net of tax of $.2(1)
 

 
.3

 

 

 
.3

Amortization of net actuarial loss and prior service cost, net of tax of $4.1(2)
 

 

 

 
8.0

 
8.0

Total reclassifications into earnings
 

 
.3

 

 
8.0

 
8.3

Balance at March 31, 2014
 
$
(438.3
)
 
$
(4.8
)
 
$
(4.3
)
 
$
(423.7
)
 
$
(871.1
)
(1) Gross amount reclassified to interest expense, and related taxes reclassified to income taxes.
(2) Gross amount reclassified to pension and postretirement expense, within selling, general & administrative expenses, and related taxes reclassified to income taxes.
Foreign exchange net losses of $18.7 and $5.3 for the three months ended March 31, 2015 and 2014, respectively, resulting from the translation of actuarial losses and prior service cost recorded in AOCI are included in changes in foreign currency translation adjustments in the Consolidated Statements of Comprehensive Income.