MOODYS CORP /DE/ | 2013 | FY | 3


NOTE 11 COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table provides details about the reclassifications out of AOCI:

 

  Year Ended December 31, Affected line in the Consolidated Statement of Operation
  2013 
Gains/(losses) on foreign translation adjustments     
 Liquidation of foreign subsidiary $ (1.4) Other non-operating income (expense), net
Total gains/(losses) on foreign translation adjustments   (1.4)  
Gains/(losses) on cash flow hedges     
       
 Interest rate swap derivative contracts   (1.2) Interest income (expense), net
 Income tax effect of item above   0.5 Provision for income taxes
Total gains/(losses) on cash flow hedges   (0.7)  
Pension and other retirement benefits     
 Amortization of actuarial losses and prior service costs included in net income   (7.6) Operating expense
 Amortization of actuarial losses and prior service costs included in net income   (4.3) SG&A expense
 Total before income taxes   (11.9)  
 Income tax effect of item above   4.9 Provision for income tax
Total pension and other retirement benefits   (7.0)  
Total losses included in Net Income attributable to reclassifications out of AOCI $ (9.1)  

Changes in AOCI by component (net of tax) for the period ended December 31, 2013:

   Year Ended December 31, 2013
   Gains/(losses) on Cash Flow and Net Investment Hedges Pension and Other Retirement Benefits Foreign Currency Translation Adjustments Total
Balance December 31, 2012 $ (2.9) $ (90.1) $ 10.9 $ (82.1)
 Other comprehensive income/(loss) before reclassification   3.7   29.9   (15.2)   18.4
 Amounts reclassified from AOCI   0.7   7.0   1.4   9.1
Other comprehensive income/(loss)   4.4   36.9   (13.8)   27.5
Balance December 31, 2013 $ 1.5 $ (53.2) $ (2.9) $ (54.6)

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