Royal Caribbean Cruise Lines 2014 Annual Report Download - page 89
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88 Royal Caribbean Cruises Ltd.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTE 13. CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the changes in accumulated other comprehensive income (loss) by component for
the years ended December 31, 2014 and 2013 (in thousands):
Changes related
to cash flow
derivative hedges
Changes
in defined
benefit plans
Foreign currency
translation
adjustments
Accumulated other
comprehensive
(loss) income
Accumulated comprehensive loss at
January 1, 2013 () () () ()
Other comprehensive income before
reclassifications
Amounts reclassified from accumulated
other comprehensive income (loss) () — ()
Net current-period other comprehensive
income
Accumulated comprehensive income (loss)
at January 1, 2014 () ()
Other comprehensive loss before
reclassifications () () () ()
Amounts reclassified from accumulated
other comprehensive income (loss)
Net current-period other comprehensive loss () () () ()
Accumulated comprehensive loss at
December 31, 2014 () () () ()
The following table presents reclassifications out of accumulated other comprehensive (loss) income for the years
ended December 31, 2014 and 2013 (in thousands):
Amount of Gain (Loss) Reclassified from
Accumulated Other Comprehensive (Loss) Income into Income
Details about Accumulated Other Comprehensive
Income (Loss) Components
YearEnded
December
YearEnded
December
Affected Line Item in Statements of
Comprehensive Income (Loss)
Gain (loss) on cash flow derivative hedges:
Cross currency swaps () () Interest expense, net of interest capitalized
Foreign currency forward contracts () () Depreciation and amortization expenses
Foreign currency forward contracts () Other (expense) income
Foreign currency forward contracts () () Interest expense, net of interest capitalized
Fuel swaps () Fuel
()
Amortization of defined benefit plans:
Actuarial loss () () Payroll and related
Prior service costs () () Payroll and related
() ()
Release of foreign cumulative translation due to
sale of Pullmantur’s non-core businesses:
Foreign cumulative translation () — Other operating
Total reclassifications for the period ()