First Data 2013 Annual Report Download - page 79
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Amount of gain or (loss) recognized in OCI (effective
portion) $ — — $ — — $ 61.3 —
Amount of gain or (loss) reclassified from accumulated
OCI into income (a) — — (114.9) — (93.0) —
Amount of gain or (loss) recognized in income (ineffective
portion) (b) — — — — (2.3) —
Amount of gain or (loss) recognized in OCI (effective
portion) $ — 14.2 $ — (9.2) $ — (9.4)
Amount of gain or (loss) recognized in income (ineffective
portion) (b) — — — — — —
Amount of gain or (loss) recognized in income (b) $(22.7)(1.7) $ (89.9) (1.5) $ 58.0 2.5
(a) Gain (loss) is recognized in the “Interest expense” line of the Consolidated Statements of Operations.
(b) Gain (loss) is recognized in the “Other income (expense)” line of the Consolidated Statements of Operations.
The following table summarizes activity in other comprehensive income for the years ended December 31, 2013 and 2012 related to derivative
instruments classified as cash flow hedges and a net investment hedge held by the Company:
Accumulated loss included in other comprehensive income (loss) at beginning of the period $(21.1) $ (87.6)
Less: Reclassifications into earnings from other comprehensive income (loss) — 72.2
(21.1)(15.4)
Increase in fair value of derivatives that qualify for hedge accounting (a) 8.8 (5.7)
Accumulated loss included in other comprehensive income (loss) at end of the period $(12.3)$(21.1)
(a) Gains and losses are included in “Unrealized gains on hedging activities” and in “Foreign currency translation adjustment” on the Consolidated
Statements of Comprehensive Income (Loss).
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