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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2011
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss

Note 15. Accumulated Other Comprehensive Loss

Comprehensive net income (loss) is as follows:

 

 

                         
    Year Ended December 31,  
    2011     2010     2009  
    (in millions)  

Net income (loss) attributable to Trinity Industries, Inc.

  $ 142.2     $ 67.4     $ (137.7

Other comprehensive income (loss):

                       

Change in funded status of pension liability, net of tax expense (benefit) of $(16.9), $5.2, and $20.9

    (28.6     8.7       35.6  

Change in unrealized (loss) gain on derivative financial instruments, net of tax (benefit) expense of $0.4, $(2.6), and $14.2

    0.1       (7.3     27.8  

Other changes, net of tax benefit of $—, 0.7, and (0.0)

          1.1       (0.1
   

 

 

   

 

 

   

 

 

 

Comprehensive net income (loss) attributable to Trinity Industries, Inc.

  $ 113.7     $ 69.9     $ (74.4
   

 

 

   

 

 

   

 

 

 

The components of accumulated other comprehensive loss are as follows:

 

 

                 
    December 31,
2011
    December 31,
2010
 
    (in millions)  

Currency translation adjustments, net of tax benefit of $(0.2) and $(0.2)

  $ (17.1   $ (17.1

Funded status of pension liability, net of tax benefit of $(41.7) and $(24.8)

    (70.7     (42.1

Unrealized loss on derivative financial instruments, net of tax benefit of $(34.9) and $(21.4)

    (46.2     (36.3
   

 

 

   

 

 

 
    $ (134.0   $ (95.5
   

 

 

   

 

 

 

See Note 7 Derivative Instruments for information on the reclassification of amounts in accumulated other comprehensive loss into earnings.