Harley Davidson 2013 Annual Report Download - page 81

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81
2012
Foreign currency
translation
adjustments Marketable
securities Derivative financial
instruments
Pension and
postretirement
benefit plans Total
Beginning balance $ 49,935 $ 327 $ 6,307 $ (533,302) $ (476,733)
Other comprehensive income
(loss) before reclassifications 2,212 556 (814) (251,291) (249,337)
Income tax (812) (206) 301 93,078 92,361
Net other comprehensive income
(loss) before reclassifications 1,400 350 (513) (158,213) (156,976)
Reclassifications:
Realized (gains) losses - foreign
currency contracts(a) — — (18,586) — (18,586)
Realized (gains) losses -
commodities contracts(a) — — 705 — 705
Realized (gains) losses - interest
rate swaps(b) — — 2,542 — 2,542
Prior service credits(c) — — — (895) (895)
Actuarial losses(c) — — — 51,295 51,295
Curtailment and settlement
losses — — — 6,242 6,242
Total before tax — — (15,339) 56,642 41,303
Income tax expense (benefit) — — 5,708 (20,980) (15,272)
Net reclassifications — — (9,631) 35,662 26,031
Other comprehensive income (loss) 1,400 350 (10,144) (122,551) (130,945)
Ending Balance $ 51,335 $ 677 $ (3,837) $ (655,853) $ (607,678)
2011
Foreign currency
translation
adjustments Marketable
securities Derivative financial
instruments
Pension and
postretirement
benefit plans Total
Beginning balance $ 55,551 $ (133) $ (11,912) $ (409,728) $ (366,222)
Other comprehensive (loss)
income before reclassifications (6,251) 731 (1,524) (233,345) (240,389)
Income tax 635 (271) 558 86,577 87,499
Net other comprehensive (loss)
income before reclassifications (5,616) 460 (966) (146,768) (152,890)
Reclassifications:
Realized (gains) losses - foreign
currency contracts(a) — — 24,746 — 24,746
Realized (gains) losses -
commodities contracts(a) — — 539 — 539
Realized (gains) losses - interest
rate swaps(b) — — 5,103 — 5,103
Prior service credits(c) — — — (897) (897)
Actuarial losses(c) — — — 37,458 37,458
Curtailment and settlement
losses — — — 510 510
Total before tax — — 30,388 37,071 67,459
Income tax benefit — — (11,203) (13,877) (25,080)
Net reclassifications — — 19,185 23,194 42,379
Other comprehensive (loss) income (5,616) 460 18,219 (123,574) (110,511)
Ending Balance $ 49,935 $ 327 $ 6,307 $ (533,302) $ (476,733)