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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2012
Accumulated Other Comprehensive Loss [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

6. ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss as of June 30, 2012 are as follows:

 

                                         
    Foreign
Currency
Translation
    Actuarial
(Loss) Gain
on Post-
retirement
Benefits
    Prior Service
Cost on Post-
retirement
Benefits
   

Accumulated
Other
Comprehensive
Loss

 
   

 

 

   

 

 

   

 

 

Balance January 1, 2012

   $  24.8      $ (225.6)      $ (0.1)          $     (200.9)  

Currency translation adjustment, net of tax of $1.4

    2.2       -       -           2.2  

Amortization of pension related costs, net of tax benefit of $0.5 ( a

    -       5.7       -           5.7  
       

 

 

   

 

 

   

 

 

       

 

 

 

Other comprehensive income

    2.2       5.7       -           7.9  
       

 

 

   

 

 

   

 

 

       

 

 

 

Balance June 30, 2012

   $       27.0      $     (219.9)      $         (0.1)          $     (193.0)  
       

 

 

   

 

 

   

 

 

       

 

 

 

 

                     

   (a)

 

The amounts represent the change in accumulated other comprehensive loss as a result of the amortization of actuarial losses during the first six months of 2012 related to the Company’s pension and other post-retirement benefit plans. Also included in this amount is a $2.0 million reclassification adjustment recorded in the first quarter of 2012 related to deferred taxes on the amortization of actuarial losses.