This excerpt taken from the BWA 10-Q filed Jul 29, 2005.
(13) Comprehensive Income / (Loss)
Comprehensive income/(loss) is a measurement of all changes in stockholders equity that result from transactions and other economic events other than transactions with stockholders. For the Company, this includes foreign currency translation adjustments, changes in the minimum pension liability adjustment and market value changes in certain hedge instruments. The amounts presented as other comprehensive income/(loss), net of related taxes, are added to net income resulting in comprehensive income/(loss). The following table summarizes the components of comprehensive income/(loss) on an after-tax basis for the three and six month periods ended June 30, 2005 and 2004.