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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the six months ended June 30, 2019 (in millions):
 
Unrealized gains (losses) on Interest Rate Swaps
 
Foreign
Currency
Translation
Adjustment
 
Foreign Currency Translation Adjustment on Long-term Intercompany Notes
 
Pension and
Other Post-Employment
Liability
Adjustment
 
Total
Balance, as of December 31, 2018
$
(1.2
)
 
$
(18.8
)
 
$
(8.1
)
 
$
(40.3
)
 
$
(68.4
)
Other comprehensive income (loss) before reclassifications
(6.0
)
 
2.3

 
(2.1
)
 

 
(5.8
)
Amounts reclassified from accumulated other comprehensive loss
0.2

 

 

 
0.5

 
0.7

Net current-period other comprehensive income (loss) before income tax
(5.8
)

2.3

 
(2.1
)
 
0.5

 
(5.1
)
Income tax benefit (expense)
1.5

 

 

 

 
1.5

Other comprehensive income (loss)
(4.3
)

2.3


(2.1
)

0.5


(3.6
)
Balance, as of June 30, 2019
$
(5.5
)

$
(16.5
)

$
(10.2
)

$
(39.8
)

$
(72.0
)

The following pension and other post-retirement benefit reclassifications were made from accumulated other comprehensive income (loss) to the Condensed Consolidated Statements of Operations and Other Comprehensive Income (in millions):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
Amortization of pension and other post-employment liability adjustments
 
 
 
 
 
 
 
Prior service credits (1)
$
(0.2
)
 
$
(0.2
)
 
$
(0.4
)
 
$
(0.4
)
Actuarial losses (1)
0.2

 
0.3

 
0.3

 
0.7

Pension settlement charge
0.5

 
4.6

 
0.6

 
4.6

Total before tax
0.5

 
4.7

 
0.5

 
4.9

Tax benefit
(0.2
)
 
(1.3
)
 

 
(1.3
)
Net of tax
$
0.3

 
$
3.4

 
$
0.5

 
$
3.6

(1) These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension costs, and are included in Other income, net within the Condensed Consolidated Statements of Operations and Comprehensive Income. See Note 6 for additional information.
The following table summarizes the unrealized gains (losses) on derivative instruments, including the impact of components reclassified into net income from accumulated other comprehensive income (loss), for the three and six months ended June 30, 2019 and 2018 (in millions):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
Unrealized gain (loss) on derivative instruments
 
$
(3.9
)
 
$
1.2

 
$
(6.0
)
 
$
1.1

Loss (gain) on derivatives reclassified into income:
 
 
 
 
 
 
 
 
Interest rate contracts
 
0.1

 

 
0.2

 

Total reclassified into income
 
0.1

 

 
0.2

 

Income tax benefit
 
1.0

 

 
1.5

 

Amounts reclassified from accumulated other comprehensive income, net of tax
 
1.1

 

 
1.7

 

Unrealized gain (loss) on derivative instruments, net of tax
 
$
(2.8
)
 
$
1.2

 
$
(4.3
)
 
$
1.1