Tecumseh Products 2014 Annual Report Download - page 42

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40
TECUMSEH PRODUCTS COMPANY AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
(in millions) For the Years Ended December 31,
2014 2013 2012
Net (loss) income $ (32.7)$ (37.5) $ 22.6
Paid in capital 0.3 — —
Other comprehensive (loss) income, before tax:
Foreign currency translation adjustments (16.5)(22.6)(12.6)
Pension and postretirement benefits:
Prior service credit (0.2)(2.4)(4.1)
Net actuarial loss (gain) (11.9) 2.2 (5.3)
Loss (gain) on curtailments and settlements — 3.9 (40.5)
Cash flow hedges:
Unrealized (loss) gain on cash flow hedges 0.1 (0.9) 2.3
Reclassification adjustment for losses (gains) on cash flow hedges included
in net (loss) income (0.2) 0.4 13.8
Other comprehensive (loss), before tax (28.7)(19.4)(46.4)
Tax attributes of items in other comprehensive (loss) income:
Foreign currency translation adjustments, tax impact — — —
Pension and postretirement benefits:
Prior service credit, tax impact — (4.7) 0.2
Net actuarial loss, tax impact 0.1 4.3 0.2
Loss on curtailments and settlements, tax impact — 7.7 —
Cash flow hedges:
Unrealized gain (loss) on cash flow hedges, tax impact 1.0 2.7 (0.6)
Reclassification adjustment for losses (gains) on cash flow hedges included
in net (loss) income, tax impact —(1.2)(3.5)
Other comprehensive income (loss), tax impact 1.1 8.8 (3.7)
Total other comprehensive (loss), net of tax (27.6)(10.6)(50.1)
Total other comprehensive loss $ (60.0)$ (48.1)$ (27.5)
The accompanying notes are an integral part of these Consolidated Financial Statements.