Pitney Bowes 2013 Annual Report Download - page 73

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
62
11. Accumulated Other Comprehensive Loss
Reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2013, 2012 and 2011 was as follows:
Amount Reclassified from AOCI (a)
Years Ended December 31,
2013 2012 2011
Gains (losses) on cash flow hedges
Revenue $(835)$ 1,298 $ (166)
Cost of sales 332 (185) (719)
Interest expense (2,028)(2,028) (2,028)
Total before tax (2,531)(915) (2,913)
Tax benefit 987 358 1,135
Net of tax $(1,544)$(557) $ (1,778)
Unrealized gains (losses) on available for sale securities
Interest income $(1,140)$ 1,768 $ 168
Tax benefit (provision) 422 (654) (62)
Net of tax $(718)$ 1,114 $ 106
Pension and Postretirement Benefit Plans (b)
Transition credit $9
$10$10
Prior service (costs) credit (620)809 2,187
Actuarial losses (54,372)(75,274) (56,323)
Total before tax (54,983)(74,455) (54,126)
Tax benefit 19,228 21,876 19,652
Net of tax $(35,755)$(52,579) $ (34,474)
(a) Amounts in parentheses indicate debits (reductions) to income.
(b) These items are included in the computation of net periodic costs of defined benefit pension plans and nonpension postretirement benefit plans (see Note 18 for
additional details).