Pitney Bowes 2014 Annual Report Download - page 91

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share amounts)
81
19. Accumulated Other Comprehensive Loss
Reclassifications out of accumulated other comprehensive loss for the years ended December 31, 2014, 2013 and 2012 were as follows:
Amounts Reclassified from AOCI (a)
Years Ended December 31,
2014 2013 2012
Gains (losses) on cash flow hedges
Revenue $ 1,276 $(835) $ 1,298
Cost of sales (140)332 (185)
Interest expense (2,028)(2,028) (2,028)
Total before tax (892)(2,531) (915)
Tax benefit (347)(987) (358)
Net of tax $(545)$(1,544) $ (557)
Unrealized gains (losses) on available for sale securities
Interest income $(1,149)$(1,140) $ 1,768
Tax (benefit) provision (424)(422) 654
Net of tax $(725)$(718) $ 1,114
Pension and Postretirement Benefit Plans (b)
Transition asset $10
$9$10
Prior service (costs) credit (111)(620) 809
Actuarial losses (43,702)(54,372) (75,274)
Total before tax (43,803)(54,983) (74,455)
Tax benefit (15,643)(19,228) (21,876)
Net of tax $(28,160)$(35,755) $ (52,579)
(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 13 for
additional details).