Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2014

Accumulated Other Comprehensive Income (Loss)

16. Accumulated Other Comprehensive Income (Loss)

AOCI activity for the six months ended June 30, 2014 is as follows:

(in millions)	Cumulative Translation Adjustment			Derivative Financial Instruments			Accrued Benefit Cost			Unrealized Gain On Investment		AOCI
AOCI balance at December 31, 2013	$	(13.6	)	$	1.0		$	(46.3	)	$	0.3	$	(58.6	)
AOCI activity, net of tax:
OCI excluding reclassifications		5.7			(4.0	)		—			2.9		4.6
Reclassifications to earnings		—			(2.9	)		1.5			—		(1.4	)
Subtotal OCI, net of tax		5.7			(6.9	)		1.5			2.9		3.2
AOCI balance at June 30, 2014	$	(7.9	)	$	(5.9	)	$	(44.8	)	$	3.2	$	(55.4	)

For the three and six months ended June 30, 2014 and 2013, reclassifications from AOCI to the results of operations for the Company’s pension and postretirement benefit plans were an expense of $1.1 and $1.8, respectively, and $2.3 and $3.7, respectively, and primarily represent the amortization of net actuarial losses (see Note 13). For the three and six months ended June 30, 2014 and 2013, reclassifications from AOCI to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were income of $2.2 and $6.2, respectively, and $4.2 and $12.3, respectively (see Note 8).

The income tax (provision) benefit allocated to the components of OCI for the three and six months ended June 30, 2014 and 2013 is as follows:

	Three months ended June 30,						Six months ended June 30,
(in millions)	2014			2013			2014			2013
Cumulative translation adjustment	$	—		$	—		$	—		$	—
Derivative financial instruments		2.3			(2.6	)		3.1			(5.4	)
Accrued benefit cost		(0.4	)		(0.8	)		(0.8	)		(1.4	)
Unrealized gain on investment		(1.5	)		—			(1.5	)		(0.1	)
Income tax (provision) benefit related to OCI	$	0.4		$	(3.4	)	$	0.8		$	(6.9	)