Annual report pursuant to Section 13 and 15(d)

Other Comprehensive (Loss)/Income

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Other Comprehensive (Loss)/Income
 12 Months Ended
May 31, 2013
Equity [Abstract]  
Other Comprehensive (Loss)/Income
Other Comprehensive (Loss)/Income
Other comprehensive (loss)/income results from items deferred on the Consolidated Balance Sheets in stockholders’ equity. The following table sets forth the components of other comprehensive (loss)/income:
 
 
Year ended May 31,
In millions
 
2013
 
2012
 
2011
Unrealized holding (losses)/gains
 
$
(24.1
)
 
$
1.3

 
$
(6.0
)
Income tax benefit/(expense) related to unrealized holding (losses)/gains
 
9.0

 
(0.4
)
 
1.9

Reclassification adjustment for the net gain on sale of available-for-sale securities realized in net income
 
(0.9
)
 
(1.0
)
 
(1.3
)
Income tax expense on reclassification adjustment for the net gain on sale of available-for-sale securities
 
0.3

 
0.3

 
0.5

Other comprehensive (loss)/income
 
$
(15.7
)
 
$
0.2

 
$
(4.9
)

As of May 31, 2013, accumulated other comprehensive income was $22.0 million, which was net of taxes of $12.5 million. As of May 31, 2012, accumulated other comprehensive income was $37.7 million, which was net of taxes of $21.8 million. Accumulated other comprehensive income is comprised of the unrealized gains/losses, net of tax.