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Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2016
Comprehensive Income Net Of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)

NOTE 6—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the activity within accumulated other comprehensive income (loss) during the nine months ended September 30, 2016:

(In millions)

Currency Translation Adjustments

 

 

Pension Benefit Adjustments

 

 

Accumulated Other Comprehensive Income (Loss)

 

Balance, December 31, 2015

$

(6.0

)

 

$

5.0

 

 

$

(1.0

)

Current period currency translation adjustments

 

1.7

 

 

 

0.1

 

 

 

1.8

 

Amortization of net actuarial gains, net of tax

 

 

 

 

(0.1

)

 

 

(0.1

)

Balance, September 30, 2016

$

(4.3

)

 

$

5.0

 

 

$

0.7

 

Included in current period currency translation adjustments for the nine months ended September 30, 2016 are $1.7 million of currency translation adjustment losses associated with intercompany loans considered long-term in nature, offset by $3.4 million of gains related to the translation adjustments of accounts denominated in foreign currencies.

See Note 8—Employee Benefit Plans for additional information about the Company’s periodic benefit expense.