Other Items

(a) Accrued expenses and other current liabilities.

Accrued expenses and other current liabilities consisted of the following:



	December 31,		December 31,
(in millions)	2014		2013
Wages and benefits	$	60.0	$	59.3
Advertising	41.6		29.7
Sales returns	32.3		28.7
Rebates	22.8		23.0
Warranty	16.1		14.9
Other	60.5		52.8
	$	233.3	$	208.4

(b) Accumulated other comprehensive loss.

Accumulated other comprehensive loss consisted of the following:



	Year Ended December 31,
(in millions)	2014			2013			2012
Foreign Currency Translation
Balance at beginning of period	$	(15.6	)	$	(5.0	)	$	(13.2	)
Other comprehensive (loss) income:
Foreign currency translation adjustments ⁽¹⁾	(38.4		)	(13.3		)	10.9
Tax benefit (expense) ⁽¹⁾	—			2.7			(2.7		)
Balance at end of period	$	(54.0	)	$	(15.6	)	$	(5.0	)

Interest Rate Swap Agreement
Balance at beginning of period	$	(1.4	)	$	(2.7	)	$	(1.6	)
Other comprehensive income:
Net change from period revaluations:	3.0			5.2			2.7
Tax expense	(1.2		)	(1.5		)	(0.5		)
Total other comprehensive income before reclassifications, net of tax	1.8			3.7			2.2
Net amount reclassified to earnings ⁽³⁾	(1.9		)	(3.2		)	(4.0		)
Tax benefit ⁽²⁾	0.8			0.8			0.7
Total amount reclassified from accumulated other comprehensive loss, net of tax	(1.1		)	(2.4		)	(3.3		)
Total other comprehensive income (loss)	0.7			1.3			(1.1		)
Balance at end of period	$	(0.7	)	$	(1.4	)	$	(2.7	)

Pension Benefits
Balance at beginning of period	$	3.2		$	—		$	—
Other comprehensive (loss) income:
Net change from period revaluations:	(9.0		)	5.2			—
Tax benefit (expense)	3.4			(2.0		)	—
Total other comprehensive income before reclassifications, net of tax	$	(5.6	)	$	3.2		$	—
Net amount reclassified to earnings	—			—			—
Tax benefit⁽²⁾	—			—			—
Total amount reclassified from accumulated other comprehensive income, net of tax	$	—		$	—		$	—
Total other comprehensive income	(5.6		)	(3.2		)	—
Balance at end of period	$	(2.4	)	$	3.2		$	—

Foreign Exchange Forward Contracts
Balance at beginning of period	$	—		$	—		$	—
Other comprehensive income:
Net change from period revaluations:	3.4			—			—
Tax expense	(0.9		)	—			—
Total other comprehensive income before reclassifications, net of tax	$	2.5		$	—		$	—
Net amount reclassified to earnings	(1.6		)	—			—
Tax benefit ⁽²⁾	0.4			—			—
Total amount reclassified from accumulated other comprehensive income, net of tax	$	(1.2	)	$	—		$	—
Total other comprehensive income	1.3			—			—
Balance at end of period	$	1.3		$	—		$	—


(1)	In 2014 and 2013, there were no tax impacts related to foreign currency translation adjustments and no amounts were reclassified to earnings. In 2012, a $2.7 million tax impact was recorded which reversed in 2013.


(2)	These amounts were included in the income tax provision on the accompanying Consolidated Statements of Income.


(3)	This amount was included in interest expense, net on the accompanying Consolidated Statements of Income.