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Reclassifications Out of Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2015
Equity [Abstract]  
Reclassifications Out of Accumulated Other Comprehensive Loss

NOTE 15 – RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS

Reclassifications out of accumulated other comprehensive loss for the first six months of 2015 were:

 

(in millions)

Details about AOCL Components

   Amount
Reclassified
from AOCL
     Affected Line Item in the
Statement where

Net Income is Presented

Defined benefit pension plan items:

     

Amortization of prior service credit

   $ (0.6    See (¹) below

Amortization of actuarial net losses

     2.6       See (¹) below
  

 

 

    
     2.0       Total before tax
     (0.5    Income tax expense
  

 

 

    
     1.5       Net of tax
  

 

 

    

Total reclassifications

   $ 1.5       Net of tax
  

 

 

    

 

(1) These items are included in the computation of net periodic pension cost. See Note 7 of the Notes to the Consolidated Financial Statements for additional information.

Changes in accumulated other comprehensive loss for the first six months of 2015, net of tax, were:

 

(in millions)

   Defined
Benefit
Pension Plan
Items
     Cumulative
Translation
Adjustments
     Total  

Balance at December 31, 2014

   $ (57.3    $ (49.0    $ (106.3
  

 

 

    

 

 

    

 

 

 

Other comprehensive income/(loss) before reclassifications

     0.0         (4.7      (4.7

Amounts reclassified from AOCL

     1.5         0.0         1.5   
  

 

 

    

 

 

    

 

 

 

Total other comprehensive income/(loss)

     1.5         (4.7      (3.2
  

 

 

    

 

 

    

 

 

 

Balance at June 30, 2015

   $ (55.8    $ (53.7    $ (109.5