Energizer 2014 Annual Report Download - page 92

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ENERGIZER HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in millions, except per share)
(19) Accumulated Other Comprehensive (Loss)/Income
Effective October 1, 2013, the FASB issued a new ASU on reporting amounts reclassified out of accumulated other
comprehensive income. The standard requires that public companies present information about reclassification adjustments
from accumulated other comprehensive income in their interim and annual financial statements in a single note or on the face
of the financial statements or cross reference to the related footnote for additional information.
The following table presents the changes in accumulated other comprehensive income (AOCI), net of tax by component:
Foreign
Currency
Translation
Adjustments
Pension/
Postretirement
Activity Hedging Activity Total
Balance at September 30, 2013 $ 4.8 $ (178.2) $ 0.5 $ (172.9)
OCI before reclassifications (83.0) (36.8) 7.1 (112.7)
Reclassifications to earnings — 12.2 2.3 14.5
Balance at September 30, 2014 $ (78.2) $ (202.8) $ 9.9 $ (271.1)
The following table presents the reclassifications out of AOCI:
For the Twelve
Months Ended
September 30, 2014
Details of AOCI Components
Amount Reclassified
from AOCI (1)
Affected Line Item in the
Consolidated Statements of
Earnings
Gains and losses on cash flow hedges
Foreign exchange contracts $ 4.7 Other financing items, net
4.7 Total before tax
(2.4) Tax (expense)/benefit
$ 2.3 Net of tax
Amortization of defined benefit pension/
postretirement items
Prior service costs 0.3 (2)
Actuarial losses 18.4 (2)
Settlement gain 0.2 (2)
18.9 Total before tax
(6.7) Tax (expense)/benefit
$ 12.2 Net of tax
Total reclassifications for the period $ 14.5 Net of tax
(1) Amounts in parentheses indicate debits to profit/loss.
(2) These AOCI components are included in the computation of net periodic benefit cost (see Note 11 for further details).
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