Originally Posted by The Lev

That means that these non-GAAP items were losses to the company, so not increases in pension fund holdings. Per page 46 of AC's fine print the two major "losses" that AC scrubbed away were:
- $74 million in foreign exchange losses
- $52 million in "financing expense related to employee benefits" - i.e. likely something tied to the underwater pension plan

The non-GAAP measure does in some ways mask the fact that the company still lost money, but what it also does is serve to show that excluding items that the company can't really control, they have improved operating earnings and cash flow considerably.