XML 36 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Comprehensive (Loss) Income (Tables)
 12 Months Ended
Dec. 31, 2014
Statement of Comprehensive Income [Abstract]  
Schedule of Other Comprehensive (Loss) Income
The following table presents the tax effect allocated to each component of other comprehensive (loss) income for each period presented:
 
Before-Tax
 
Before-Tax
 
Income Tax
 
 
 
Amount
 
Amount
 
(Expense)
 
Net-of-Tax
 
(as reported)
 
(as reclassified)4
 
Benefit3
 
Amount
2014
 
 
 
 
 
 
 
Defined benefit pension plan and VEBAs:
 
 
 
 
 
 
 
Net actuarial loss arising during the period
$
(39.0
)
 
 
 
$
14.5

 
$
(24.5
)
Prior service cost arising during the period
(90.5
)
 
 
 
33.8

 
(56.7
)
Total actuarial (loss) gain and prior service costs
(129.5
)
 
 
 
48.3

 
(81.2
)
Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of net actuarial (gain)1
(1.8
)
 
 
 
0.7

 
(1.1
)
Amortization of prior service cost1
10.6

 
 
 
(3.9
)
 
6.7

Other comprehensive income relating to defined benefit pension plan and VEBAs
(120.7
)
 
 
 
45.1

 
(75.6
)
Available for sale securities:
 
 
 
 
 
 
 
Unrealized loss on available for sale securities
(0.2
)
 
 
 
0.1

 
(0.1
)
Reclassification adjustments:
 
 
 
 
 
 
 
Reclassification of unrealized loss upon sale of available for sale securities2
(0.1
)
 
 
 
—

 
(0.1
)
Other comprehensive loss relating to available for sale securities
(0.3
)
 
 
 
0.1

 
(0.2
)
Foreign currency translation adjustment
0.4

 
 
 
—

 
0.4

Other comprehensive loss
$
(120.6
)
 
 
 
$
45.2

 
$
(75.4
)
 
 
 
 
 
 
 
 
2013
 
 
 
 
 
 
 
Defined benefit pension plan and VEBAs:
 
 
 
 
 
 
 
Net actuarial gain arising during the period
$
2.2

 
$
87.0

 
$
(32.5
)
 
$
54.5

Prior service cost arising during the period
—

 
(84.8
)
 
31.8

 
(53.0
)
Total actuarial gain (loss) and prior service costs
2.2

 
2.2

 
(0.7
)
 
1.5

Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of net actuarial loss1
1.5

 
1.5

 
(0.5
)
 
1.0

Amortization of prior service cost1
4.2

 
4.2

 
(1.6
)
 
2.6

Other comprehensive income relating to defined benefit pension plan and VEBAs
7.9

 
7.9

 
(2.8
)
 
5.1

Available for sale securities:
 
 
 
 
 
 
 
Unrealized gain on available for sale securities
1.0

 
1.0

 
(0.3
)
 
0.7

Reclassification adjustments:
 
 
 
 
 
 
 
Reclassification of unrealized gain upon sale of available for sale securities2
(1.0
)
 
(1.0
)
 
0.3

 
(0.7
)
Other comprehensive income relating to available for sale securities
—

 
—

 
—

 
—

Foreign currency translation adjustment
0.2

 
0.2

 
—

 
0.2

Other comprehensive income
$
8.1

 
$
8.1

 
$
(2.8
)
 
$
5.3

 
 
 
 
 
 
 
 
 
Before-Tax
 
Before-Tax
 
Income Tax
 
 
 
Amount
 
Amount
 
(Expense)
 
Net-of-Tax
 
(as reported)
 
(as reclassified)4
 
Benefit3
 
Amount
2012
 
 
 
 
 
 
 
Defined benefit pension plan and VEBAs:
 
 
 
 
 
 
 
Net actuarial gain arising during the period
$
87.8

 
 
 
$
(33.5
)
 
$
54.3

Reclassification adjustments:
 
 
 
 
 
 
 
Amortization of net actuarial loss1
3.1

 
 
 
(1.1
)
 
2.0

Amortization of prior service cost1
4.2

 
 
 
(1.7
)
 
2.5

Other comprehensive income relating to defined benefit pension plan and VEBAs
95.1

 
 
 
(36.3
)
 
58.8

Available for sale securities:
 
 
 
 
 
 
 
Unrealized gain on available for sale securities
0.6

 
 
 
(0.2
)
 
0.4

Foreign currency translation adjustment
(0.2
)
 
 
 
—

 
(0.2
)
Other comprehensive income
$
95.5

 
 
 
$
(36.5
)
 
$
59.0


____________
1 
Amounts reclassified out of Accumulated other comprehensive income relating to VEBA adjustments were included as a component of Net periodic pension benefit income relating to VEBAs.
2 
Amounts reclassified out of Accumulated other comprehensive income relating to sales of available for sale securities were included as a component of Other income (expense), net. The Company uses the specific identification method to determine the amount reclassified out of Accumulated other comprehensive income.
3 
Income tax amounts reclassified out of Accumulated other comprehensive income relating to VEBA adjustments and sales of available for sale securities were included as a component of Income tax provision.
4 
The presentation of other comprehensive income in the table above has been revised from the prior year presentation to reflect separate amounts for actuarial gains and losses and prior service costs related to plan amendments. The 2013 balances were adjusted to reflect this reclassification. The impacts to the prospective amortization of Prior service cost and Accumulated net actuarial (losses) gains were not material.