ManpowerGroup 2007 Annual Report Download - page 61

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58 Manpower 2007 Annual Report Notes to Consolidated Financial Statements
Notes To Consolidated Financial Statements
in millions, except per share data
10.
Accumulated Other Comprehensive Income (Loss)
The components of Accumulated Other Comprehensive Income (Loss), net of tax, are as follows:
December 31 2007 2006 2005
Foreign currency translation $ 253.9 $ 147.6 $ 15.8
Unrealized gain on investments 9.9 8.9 6.9
Unrealized loss on derivatives (3.2) (4.8) (8.4)
Defi ned benefi t pension plans (Note 9) (8.0) (34.0) (23.8)
Retiree health care plan (Note 9) 5.0 2.9 (1.5)
Accumulated other comprehensive income (loss) $ 257.6 $ 120.6 $ (11.0)
11.
Leases
We lease property and equipment primarily under operating leases. Renewal options exist for substantially all leases. Future
minimum payments, by year and in the aggregate, under noncancelable operating leases with any remaining terms consist of
the following as of December 31, 2007:
Year
2008 $ 211.3
2009 174.8
2010 134.8
2011 87.9
2012 64.4
Thereafter 182.2
Total minimum lease payments $ 855.4
Rental expense for all operating leases was $240.3, $217.5 and $213.1 for the years ended December 31, 2007, 2006 and
2005, respectively.
12.
Interest and Other Expense
Interest and Other Expense consists of the following:
Year Ended December 31 2007 2006 2005
Interest expense $ 53.4 $ 50.0 $ 45.8
Interest income (24.4) (14.2) (8.9)
Foreign exchange (gain) loss (0.6) 3.2 —
Miscellaneous expenses, net 5.8 11.2 4.9
Interest and other expense $ 34.2 $ 50.2 $ 41.8