Accumulated Other Comprehensive Income (Loss). Accumulated other comprehensive income (loss) includes currency translation adjustments, certain derivative-related activity, changes in the value of available-for-sale investments and changes in pension assets. The Company generally deems its foreign investments to be essentially permanent in nature and does not provide for taxes on currency translation adjustments arising from translating the investment in a foreign currency to U.S. dollars. When the Company determines that a foreign investment is no longer permanent in nature, estimated taxes are provided for the related deferred tax liability (asset), if any, resulting from currency translation adjustments. Accumulated other comprehensive income (loss) and the related components, net of tax, are included in the table below: | | | | | | | | | | | | | | | | | | | | | (in millions) | Unrecognized actuarial gains (losses) | | Foreign currency translation adjustments | | Unrealized gain (loss) on interest rate swaps | | Unrealized gain (loss) on available-for-sale securities | | Accumulated other comprehensive income | May 31, 2013 | $ | (10.0 | ) | | $ | 35.5 |
| | $ | (34.2 | ) | | $ | 2.8 |
| | $ | (5.9 | ) | OCI before reclassifications | (0.4 | ) | | 20.3 |
| | 0.2 |
| | 2.4 |
| | 22.5 |
| Reclassifications | — |
| | — |
| | 25.5 |
| | — |
| | 25.5 |
| February 28, 2014 | $ | (10.4 | ) | | $ | 55.8 |
| | $ | (8.5 | ) | | $ | 5.2 |
| | $ | 42.1 |
|
Reclassifications adjustments from OCI are included in the table below: | | | | | | | | | | | | | | | | | | | (in millions) | Three Months Ended February 28, 2014 | | Three Months Ended February 28, 2013 | | Nine Months Ended February 28, 2014 | | Nine Months Ended February 28, 2013 | | Location on Statement of Operations | Interest rate swaps | $ | 6.2 |
| | $ | 9.0 |
| | $ | 42.3 |
| | $ | 40.4 |
| | Interest expense |
The tax effects in other comprehensive income are included in the tables below: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended February 28, 2014 | | Three Months Ended February 28, 2013 | (in millions) | Before Tax | | Tax | | Net of Tax | | Before Tax | | Tax | | Net of Tax | Unrecognized actuarial gains (losses) | $ | (0.6 | ) | | $ | 0.2 |
| | $ | (0.4 | ) | | $ | — |
| | $ | 0.3 |
| | $ | 0.3 |
| Foreign currency translation adjustments | 2.1 |
| | (13.5 | ) | | (11.4 | ) | | (73.5 | ) | | 9.6 |
| | (63.9 | ) | Unrealized gain (loss) on interest rate swaps | (0.7 | ) | | 0.4 |
| | (0.3 | ) | | 1.7 |
| | (0.5 | ) | | 1.2 |
| Reclassifications on interest rate swaps | 6.2 |
| | (2.5 | ) | | 3.7 |
| | 9.0 |
| | (3.6 | ) | | 5.4 |
| Unrealized gain (loss) on available-for-sale securities | 1.4 |
| | (0.3 | ) | | 1.1 |
| | 1.5 |
| | — |
| | 1.5 |
| Accumulated other comprehensive income | $ | 8.4 |
| | $ | (15.7 | ) | | $ | (7.3 | ) | | $ | (61.3 | ) | | $ | 5.8 |
| | $ | (55.5 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended February 28, 2014 | | Nine Months Ended February 28, 2013 | (in millions) | Before Tax | | Tax | | Net of Tax | | Before Tax | | Tax | | Net of Tax | Unrecognized actuarial gains (losses) | $ | (0.6 | ) | | $ | 0.2 |
| | $ | (0.4 | ) | | $ | (0.1 | ) | | $ | 0.1 |
| | $ | — |
| Foreign currency translation adjustments | 20.3 |
| | — |
| | 20.3 |
| | (62.1 | ) | | 5.9 |
| | (56.2 | ) | Unrealized gain (loss) on interest rate swaps | (10.6 | ) | | 10.8 |
| | 0.2 |
| | (30.9 | ) | | 12.4 |
| | (18.5 | ) | Reclassifications on interest rate swaps | 42.3 |
| | (16.8 | ) | | 25.5 |
| | 40.4 |
| | (16.0 | ) | | 24.4 |
| Unrealized gain (loss) on available-for-sale securities | 4.1 |
| | (1.7 | ) | | 2.4 |
| | 3.7 |
| | (0.1 | ) | | 3.6 |
| Accumulated other comprehensive income | $ | 55.5 |
| | $ | (7.5 | ) | | $ | 48.0 |
| | $ | (49.0 | ) | | $ | 2.3 |
| | $ | (46.7 | ) |
|