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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income or loss (“AOCI”) represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. For JBT, AOCI is primarily composed of adjustments related to pension and other post-retirement benefits plans, derivatives designated as hedges and foreign currency translation adjustments. Changes in the AOCI balances for the year ended December 31, 2015 by component are shown in the following table:

 
Pension and Other Post-retirement Benefits
 
Derivatives Designated as Hedges
 
Foreign Currency Translation
 
Total
 
(In millions)
 
 
 
 
 
 
 
 
Beginning balance, December 31, 2014
$
(96.4
)
 
$

 
(20.7
)
 
$
(117.1
)
 
Other comprehensive gain (loss) before reclassification
(8.8
)
 
(0.8
)
 
(21.9
)
 
(31.5
)
 
Amounts reclassified from accumulated other comprehensive income
1.4

 

 

 
1.4

 
Ending balance, December 31, 2015
$
(103.8
)
 
$
(0.8
)
 
(42.6
)
 
$
(147.2
)
 


Reclassification adjustments from AOCI into earnings for pension and other post-retirement benefits plans for the year ended December 31, 2015 were $1.5 million of benefit in cost of sales, and $3.6 million of charges in selling, general and administrative expenses net of $0.7 million in provision for income taxes.