CELGENE CORP /DE/ | 2013 | FY | 3

 Accumulated Other Comprehensive Income (Loss)
The components of other comprehensive income (loss) consist of changes in pension liability, changes in net unrealized gains (losses) on marketable securities classified as available-for-sale, net unrealized gains (losses) related to cash flow hedges and changes in foreign currency translation adjustments, which includes changes in a subsidiary's functional currency and net asset transfers of common control subsidiaries.
The accumulated balances related to each component of other comprehensive income (loss), net of tax, are summarized as follows:
 
 
Pension
Liability
 
Net Unrealized
Gains (Losses) From
Marketable Securities
 
Net Unrealized
Gains (Losses)
From Hedges
 
Foreign
Currency
Translation
Adjustment
 
Total
Accumulated
Other
Comprehensive
Income (Loss)
Balance December 31, 2011
 
$
(5.4
)
 
$
1.8

 
$
8.7

 
$
(67.4
)
 
$
(62.3
)
Period change
 
(4.7
)
 
2.4

 
(24.7
)
 
39.6

 
12.6

Balance December 31, 2012
 
(10.1
)
 
4.2

 
(16.0
)
 
(27.8
)
 
(49.7
)
Period change
 
3.2

 
133.1

 
(20.0
)
 
27.4

 
143.7

Balance December 31, 2013
 
$
(6.9
)
 
$
137.3

 
$
(36.0
)
 
$
(0.4
)
 
$
94.0





 
 
 
 
Gains (Losses) Reclassified Out of Accumulated
Other Comprehensive Income
Accumulated Other Comprehensive Income Components
 
Affected Line Item in the Consolidated Statements of Income
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
Gains (losses) from cash-flow hedges:
 
 

 
 

 
 
Foreign exchange contracts
 
Net product sales
 
$
10.7

 
$
80.9

 
$
—

Treasury rate lock agreements
 
Interest (expense)
 
(3.4
)
 
(1.3
)
 
—

 
 
Income tax benefit (expense)
 
6.9

 
(1.9
)
 
(2.9
)
Gains (losses) from available-for-sale marketable securities:
 
 
 
 
 
 
Realized income (loss) on sales of marketable securities
 
Interest and investment income, net
 
(7.3
)
 
(1.1
)
 
4.0

 
 
Income tax benefit
 
2.2

 
0.1

 
0.3

Total reclassification, net of tax
 
 
 
$
9.1

 
$
76.7

 
$
1.4

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