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13. ACCUMULATED OTHER COMPREHENSIVE LOSS

Presented below is a summary of activity for each component of "Accumulated Other Comprehensive Loss" for the years ended December 31, 2013, 2012 and 2011. Foreign currency translation adjustments are generally not adjusted for income taxes as they relate to indefinite investments in non-United States subsidiaries.

	Foreign Currency Translation Adjustments			Unrealized Gain (Loss) on Cash Flow Hedges			Unrealized Gain (Loss) on Available-for-Sale Investments			Unrealized Pension Costs(a)			Total Accumulated Other Comprehensive Loss

	(in millions)
December 31, 2010	$	(24.8	)	$	(10.9	)	$	2.2		$	(8.6	)	$	(42.1	)
Other comprehensive loss before reclassifications		(5.2	)		(1.6	)		(0.7	)		(6.9	)		(14.4	)
Amounts reclassified from accumulated other comprehensive loss		—			29.0			(1.6	)		0.3			27.7
Deferred income tax (expense) benefit		—			(10.6	)		1.2			0.7			(8.7	)


December 31, 2011		(30.0	)		5.9			1.1			(14.5	)		(37.5	)
Other comprehensive income (loss) before reclassifications		4.2			13.7			0.1			(7.8	)		10.2
Amounts reclassified from accumulated other comprehensive loss		—			(12.2	)		0.3			0.6			(11.3	)
Deferred income tax (expense) benefit		—			(0.4	)		(0.1	)		1.2			0.7


December 31, 2012		(25.8	)		7.0			1.4			(20.5	)		(37.9	)
Other comprehensive income (loss) before reclassifications		5.6			16.3			(1.2	)		9.9			30.6
Amounts reclassified from accumulated other comprehensive loss					(21.5	)					1.0			(20.5	)
Deferred income tax benefit (expense)		—			1.7			0.1			(1.6	)		0.2


December 31, 2013	$	(20.2	)	$	3.5		$	0.3		$	(11.2	)	$	(27.6	)

(a): For the years ended December 31, 2013, 2012 and 2011, the change in unrealized pension costs consisted of the following (in millions):

	Pre-Tax Amount			Tax Benefit (Expense)			Net of Tax Amount

2013
Prior service cost arising during period	$	—		$	—		$	—
Amortization of prior service credit		(0.3	)		—			(0.3	)


Net prior service cost arising during period		(0.3	)		—			(0.3	)
Net transition obligation amortized during period		—			—			—
Net actuarial gain arising during period		11.2			(1.6	)		9.6


Unrealized pension costs, net	$	10.9		$	(1.6	)	$	9.3




2012
Prior service cost arising during period	$	(0.2	)	$	—		$	(0.2	)
Amortization of prior service credit		(0.3	)		—			(0.3	)


Net prior service cost arising during period		(0.5	)		—			(0.5	)
Net transition obligation amortized during period		0.1			—			0.1
Net actuarial loss arising during period		(6.8	)		1.2			(5.6	)


Unrealized pension costs, net	$	(7.2	)	$	1.2		$	(6.0	)




2011
Prior service credit arising during period	$	0.1		$	—		$	0.1
Amortization of prior service credit		(0.4	)		0.1			(0.3	)


Net prior service cost arising during period		(0.3	)		0.1			(0.2	)
Net transition obligation amortized during period		0.1			—			0.1
Net actuarial loss arising during period		(6.4	)		0.6			(5.8	)


Unrealized pension costs, net	$	(6.6	)	$	0.7		$	(5.9	)

The following table provides information about amounts reclassified from "Accumulated Other Comprehensive Loss" (in millions):

Details about Accumulated Other Comprehensive Loss Components	Year Ended December 31, 2013			Affected Line on Consolidated Statements of Operations

Gain on cash flow hedges	$	21.5		Cost of goods sold
		(8.4	)	Provision for income taxes


	$	13.1		Net of tax


Amortization of pension adjustments	$	(1.0	)	(a)
		0.2		Provision for income taxes


	$	(0.8	)	Net of tax

(a): This item is included in the components of net periodic benefit costs. See Note 11 for additional information.

Edwards Lifesciences Corp | 2013 | FY |

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