Lexmark 2014 Annual Report Download - page 64

Download and view the complete annual report

Please find page 64 of the 2014 Lexmark annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

Lexmark International, Inc. and Subsidiaries
CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS
For the years ended December 31, 2014, 2013, and 2012
(In Millions)
2014 2013 2012
Net earnings $ 79.1 $ 261.8 $ 107.6
Other comprehensive (loss) earnings:
Foreign currency translation adjustment
(net of tax benefit (liability) of $4.7 in 2014, $3.5 in 2013, and
$(0.6) in 2012) $ (71.2) $ (32.0) $ 14.7
Recognition of pension and other postretirement benefit plans prior
service credit, net of (amortization)
(net of tax benefit (liability) of $(0.1) in 2014, $(0.8) in 2013, and
$0.1 in 2012) (0.2) 2.1 0.2
Net unrealized (loss) gain on OTTI* marketable securities
(net of tax benefit (liability) of $0.0 in 2014 and $0.4 in 2012) (0.1) – (0.6)
Net unrealized (loss) gain on marketable securities
(net of tax benefit (liability) of $(0.2) in 2014, $0.0 in 2013, and
$(0.6) in 2012) (0.8) (1.1) 2.6
Unrealized gain on cash flow hedges
(net of tax benefit (liability) of $(1.7) in 2014) 15.9 – –
Forward starting interest rate swap designated as a cash flow hedge
(net of tax benefit (liability) of $(0.5) in 2013 and $0.5 in 2012) – 0.9 (0.9)
Total other comprehensive (loss) earnings (56.4) (30.1) 16.0
Comprehensive earnings $ 22.7 $ 231.7 $ 123.6
*Other-than-temporary impairment (“OTTI”)
See notes to consolidated financial statements.
60