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COMPREHENSIVE INCOME (Tables)
 6 Months Ended
Jun. 30, 2015
Disclosure Comprehensive Income Loss Components Of Comprehensive Income Loss [Abstract]  
Components of Comprehensive Income (Loss)
The components of comprehensive income, which represents the change in equity from non-owner sources, for the three and six months ended June 30, 2015 and 2014 are as follows:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
Net earnings
$
54.7

 
$
73.6

 
$
97.2

 
$
129.5

Other comprehensive (loss) income:
 
 
 
 
 
 
 
Accumulated pension liability, net of tax
(0.4
)
 
(0.5
)
 
(0.8
)
 
(0.9
)
Foreign currency translation adjustments
18.5

 
9.3

 
(37.6
)
 
3.4

Comprehensive income
$
72.8

 
$
82.4

 
$
58.8

 
$
132.0
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables present changes in accumulated other comprehensive income (“AOCI”) by component for the three and six months ended June 30, 2015 and 2014:
 
Three Months Ended June 30,
 
2015
 
2014
 
Accumulated Pension Liabilities
 
Cumulative Translation Adjustments
 
Total
 
Accumulated Pension Liabilities
 
Cumulative Translation Adjustments
 
Total
Balance, beginning of period
$
5.9

 
$
(49.3
)
 
$
(43.4
)
 
$
8.2

 
$
81.2

 
$
89.4

Other comprehensive income
before reclassifications
—

 
18.5

 
18.5

 
—

 
9.3

 
9.3

Amounts reclassified from AOCI
(0.4
)
 
—

 
(0.4
)
 
(0.5
)
 
—

 
(0.5
)
Net current period OCI
(0.4
)
 
18.5

 
18.1

 
(0.5
)
 
9.3

 
8.8

Balance, end of period
$
5.5

 
$
(30.8
)
 
$
(25.3
)
 
$
7.7

 
$
90.5

 
$
98.2


 
Six Months Ended June 30,
 
2015
 
2014
 
Accumulated Pension Liabilities
 
Cumulative Translation Adjustments
 
Total
 
Accumulated Pension Liabilities
 
Cumulative Translation Adjustments
 
Total
Balance, beginning of period
$
6.3

 
$
6.8

 
$
13.1

 
$
8.6

 
$
87.1

 
$
95.7

Other comprehensive income
before reclassifications
—

 
(37.6
)
 
(37.6
)
 
—

 
3.4

 
3.4

Amounts reclassified from AOCI
(0.8
)
 
—

 
(0.8
)
 
(0.9
)
 
—

 
(0.9
)
Net current period OCI
(0.8
)
 
(37.6
)
 
(38.4
)
 
(0.9
)
 
3.4

 
2.5

Balance, end of period
$
5.5

 
$
(30.8
)
 
$
(25.3
)
 
$
7.7

 
$
90.5

 
$
98.2
Reclassification Out of Accumulated Other Comprehensive Income
The following table presents a summary of reclassification adjustments out of AOCI for the three and six months ended June 30, 2015 and 2014:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
Affected line item in the Consolidated Statements of Income
Details of AOCI component
2015
 
2014
 
2015
 
2014
Pension related adjustments:
 
 
 
 
 
 
 
 
Amortization of prior service costs (credits)
$
(0.7
)
 
$
(0.7
)
 
$
(1.3
)
 
$
(1.4
)
(1) 
 
(0.7
)
 
(0.7
)
 
(1.3
)
 
(1.4
)
Total before tax
 
0.3

 
0.2

 
0.5

 
0.5

Tax expense
Total pension reclassifications
$
(0.4
)
 
$
(0.5
)
 
$
(0.8
)
 
$
(0.9
)
Net of tax
__________________
(1)
These AOCI components are included in the computation of net periodic pension cost, and allocated to various line items on the consolidated statements of income, primarily manufacturing cost of sales. See Note 16 - Employee Benefit Plans for additional information on net periodic pension cost.