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Comprehensive Income
9 Months Ended
Aug. 31, 2012
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
COMPREHENSIVE INCOME
COMPREHENSIVE INCOME

The following table sets forth the components of comprehensive income (in millions):
 
Three months ended August 31,
 
Nine months ended August 31,
 
2012
 
2011
 
2012
 
2011
Net income
$
104.4

 
$
92.0

 
$
259.3

 
$
242.4

Net income attributable to non-controlling interest
0.4

 
0.3

 
1.6

 
0.7

Other comprehensive income (loss), (net of tax):
 
 
 
 
 
 
 
Unrealized components of pension plans, net of tax
0.4

 
5.9

 
7.8

 
6.9

Currency translation adjustments
38.8

 
(1.1
)
 
(36.8
)
 
114.4

Change in derivative financial instruments, net of tax
(1.3
)
 
1.6

 
(1.5
)
 
1.3

Comprehensive income
$
142.7

 
$
98.7

 
$
230.4

 
$
365.7


The other comprehensive income amounts in the table above are net of tax expense of $1.3 million and $1.5 million for the three months ended August 31, 2012 and 2011, respectively, and net of tax expense of $4.3 million and $2.1 million for the nine months ended August 31, 2012 and 2011, respectively.

The following table sets forth the components of accumulated other comprehensive income, net of tax where applicable (in millions):
 
August 31, 2012
 
August 31, 2011
 
November 30, 2011
Foreign currency translation adjustment
$
144.2

 
$
299.1

 
$
180.9

Unrealized gain (loss) on foreign currency exchange contracts
(0.9
)
 
(0.4
)
 
1.1

Unamortized value of settled interest rate swaps
(4.6
)
 
(5.0
)
 
(5.0
)
Pension and other postretirement costs
(228.2
)
 
(174.9
)
 
(236.0
)
Accumulated other comprehensive (loss) income
$
(89.5
)
 
$
118.8

 
$
(59.0
)