Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2012

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

In the first quarter of 2012, the Company made a cumulative correction of an error related to the translation of its Argentina operations from its functional currency of the Argentinean peso into its reporting currency. This resulted in a $2.1 million decrease in property and equipment, a $4.0 million decrease in goodwill, with a corresponding offset to the foreign currency translation component of accumulated other comprehensive loss. This correction also decreased first quarter 2012 comprehensive income by $6.1 million. This correction did not have a material impact on the Company’s current or previously issued consolidated financial statements.

The components of total other comprehensive income (loss) are as follows:

(in millions)	2012		2011			2010
Comprehensive income (loss) attributable to Bemis Company, Inc.	$	151.6	$	(9.5	)	$	223.7
Comprehensive income attributable to noncontrolling interests	—		5.3			7.7
Total comprehensive income (loss)	$	151.6	$	(4.2	)	$	231.4

The components of accumulated other comprehensive loss are as follows as of December 31: 

(in millions)	2012			2011
Foreign currency translation	$	80.5		$	128.8
Pension and other postretirement liability adjustment, net of tax effect of $120.9 and $130.1	(193.4		)	(219.6		)
Unrecognized gain on derivative	—			0.1
Accumulated other comprehensive loss	$	(112.9	)	$	(90.7	)