Accumulated Other Comprehensive (Loss) Income

12 Months Ended

Dec. 31, 2014

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income

Note 15 — Accumulated Other Comprehensive (Loss) Income

Comprehensive income represents net income and other gains and losses affecting stockholders’ equity that are not reflected in the consolidated statements of operations. The components of accumulated other comprehensive (loss) income as of December 31, 2014 and 2013 were as follows:

(In millions)	2014			2013
Currency translation adjustments (a)	$	(32.8	)	$	26.7
Net unrealized gains on financial instruments, net of tax (b)		(9.3	)		8.2
Pension obligation adjustment, net of tax (c)		(27.6	)		(24.2	)
Accumulated other comprehensive (loss) income	$	(69.7	)	$	10.7

(a) The currency translation adjustments are not currently adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.

(b) Reduced by the tax impact of 3.2 million and ($1.8) million at December 31, 2014 and 2013, respectively.

(c) Reduced by the tax impact of $12.1 million and $11.1 million at December 31, 2014 and 2013, respectively.