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Accumulated Other Comprehensive Income (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Equity [Abstract]    
Schedule of Accumulated Other Comprehensive Income
     Unrealized
Currency
Translation
Adjustments
    Pension and
Other
Long-term
Employee
Benefit
Adjustments
    Unrealized
Gain
(Loss) on

Securities
    Unrealized
Gain
(Losses) on

Derivatives
    Accumulated
Other
Comprehensive
Income (loss)
 

December 31, 2014

   $ (72.1   $ (31.2   $ (0.2   $ 0.2      $ (103.3

Current year deferrals to AOCI

     (109.2     —          0.5        (1.4     (110.1

Reclassifications from AOCI to Net income

     —          (0.4     —          (1.6     (2.0
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Change

  (109.2   (0.4   0.5      (3.0   (112.1
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

March 31, 2015

$ (181.3 $ (31.6 $ 0.3    $ (2.8 $ (215.4
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

The income tax benefit related to the changes in pension and other long-term employee benefits for the three months ended March 31, 2015 was $0.8 million. The cumulative income tax benefit related to the adjustments for pension and other long-term employee benefits at March 31, 2015 was $14.1 million. The income tax benefit related to the change in the unrealized loss on derivatives for the three months ended March 31, 2015 was $1.8 million. The cumulative income tax benefit related to the adjustments for unrealized loss on derivatives at March 31, 2015 was $1.6 million.

 

     Unrealized
Currency
Translation
Adjustments
    Pension and
Other
Long-term
Employee
Benefit
Adjustments
    Unrealized
Loss on
Securities
    Unrealized
Gain
(Loss) on

Derivatives
    Accumulated
Other
Comprehensive
Income
 

December 31, 2013

   $ 24.3      $ 7.5      $ (0.9   $ 3.1      $ 34.0   

Current year deferrals to AOCI

     (7.5     4.5        (0.2     1.9        (1.3

Reclassifications from AOCI to Net income

     —          (0.1     —          (1.6     (1.7
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Change

  (7.5   4.4      (0.2   0.3      (3.0
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

March 31, 2014

$ 16.8    $ 11.9    $ (1.1 $ 3.4    $ 31.0   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
     Unrealized
Currency
Translation
Adjustments
    Pension and
Other
Long-term
Employee
Benefit
Adjustments
    Unrealized
Gain
(Loss) on

Securities
    Unrealized
Gain
(Losses) on

Derivatives
    Accumulated
Other
Comprehensive
Income
 

Successor Balance, December 31, 2013

   $ 24.3      $ 7.5      $ (0.9   $ 3.1      $ 34.0   

Current year deferrals to AOCI

     (96.4     (29.7     0.7        3.6        (121.8

Reclassifications from AOCI to Net income

     —          (9.0     —          (6.5     (15.5
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net Change

  (96.4   (38.7   0.7      (2.9   (137.3
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Successor Balance, December 31, 2014

$ (72.1 $ (31.2 $ (0.2 $ 0.2    $ (103.3
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Included within reclassifications from AOCI to Net income for the Successor year ended December 31, 2014 was $7.3 million of curtailment gains related to an amendment to one of our pension plans.

The income tax related to the changes in pension and other long-term employee benefits for the year ended December 31, 2014 was $16.9 million. The cumulative income tax impact related to the adjustments for pension and other long-term employee benefits at December 31, 2014 was a benefit of $13.4 million compared to the cumulative income tax expense at December 31, 2013 of $3.5 million. The income tax related to the change in the unrealized gain on derivatives for the year ended December 31, 2014 was $1.7 million. The cumulative income tax expense related to the adjustments for unrealized gain on derivatives at December 31, 2014 and 2013 were $0.2 million and $1.9 million, respectively.

 

     Unrealized
Currency
Translation
Adjustments
     Pension and
Other
Long-term
Employee
Benefit
Adjustments
     Unrealized
Loss on
Securities
    Unrealized
Gain
(Loss) on

Derivatives
    Accumulated
Other
Comprehensive
Income
 

Successor Balance, December 31, 2012

   $ —         $ —         $ —        $ —        $ —     

Current year deferrals to AOCI

     24.3         7.5         (0.9     7.5        38.4   

Reclassifications from AOCI to Net income

     —           —           —          (4.4     (4.4
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Net Change

  24.3      7.5      (0.9   3.1      34.0   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

Successor Balance, December 31, 2013

$ 24.3    $ 7.5    $ (0.9 $ 3.1    $ 34.0   
  

 

 

    

 

 

    

 

 

   

 

 

   

 

 

 

 

The income tax related to the changes in pension and other long-term employee benefits for the Successor year ended December 31, 2013 was $3.5 million. The cumulative income tax expense related to the adjustment for pension and other long-term employee benefits at December 31, 2013 was $3.5 million. The income tax related to the change in the unrealized gain on derivatives for the Successor year ended December 31, 2013 was $1.9 million. The cumulative income tax expense related to the adjustment for unrealized gain on derivatives at December 31, 2013 was $1.9 million.

 

     Unrealized
Currency
Translation
Adjustments
     Pension and
Other
Long-term
Employee
Benefit
Adjustments
    Unrealized
loss on
securities
     Unrealized
Gain
(Loss) on

Derivatives
     Accumulated
Other
Comprehensive
Income
 

Predecessor Balance, December 31, 2012

   $ —         $ (142.3   $ 1.4       $ —         $ (140.9

Current year deferrals to AOCI

     —           0.7        0.2         —           0.9   

Reclassifications from AOCI to Net income

     —           —          —           —           —     
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Net Change

  —        0.7      0.2      —        0.9   
  

 

 

    

 

 

   

 

 

    

 

 

    

 

 

 

Predecessor Balance, January 31, 2013

$ —      $ (141.6 $ 1.6    $ —      $ (140.0