ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Changes in AOCL by Components

The following table summarizes the changes in AOCL by component for the three months ended March 31, 2021 (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, 2020	$	(6.7)	$	(7.9)	$	5.0	$	(36.2)	$	(45.8)
Other comprehensive income (loss) before reclassifications	0.1		(3.8)		(8.8)		7.8		(4.7)
Amounts reclassified from AOCL	1.3		—		—		1.9		3.2
Net current period other comprehensive income (loss) before income tax	1.4		(3.8)		(8.8)		9.7		(1.5)
Income tax expense	(0.3)		—		—		(2.5)		(2.8)
Other comprehensive income (loss)	1.1		(3.8)		(8.8)		7.2		(4.3)
Balance as of March 31, 2021	$	(5.6)	$	(11.7)	$	(3.8)	$	(29.0)	$	(50.1)

Reclassification from AOCL

The following pension and other post-employment benefit reclassifications were made from AOCL to the Condensed Consolidated Statements of Operations and Other Comprehensive Income (in millions):


	Three Months Ended March 31,
		2021		2020
Amortization of pension and other post-employment liability adjustments
Prior service credits (1)		$	(0.1)	$	—
Actuarial losses (1)		0.4		0.3
Pension settlement charge		1.6		0.7
Total before tax		1.9		1.0
Income tax expense		(0.4)		(0.2)
Net of tax		$	1.5	$	0.8

(1) These AOCL 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 4 for additional information.

Summary of Unrealized Gains (Losses) on Derivative Instruments

The following table summarizes the unrealized gains (losses) on derivative instruments, including the impact of components reclassified into net income from AOCL, for the three months ended March 31, 2021 and 2020 (in millions):


	Three Months Ended March 31,
		2021		2020
Unrealized gain (loss) on derivative instruments		$	0.1	$	(6.8)
Loss on derivatives reclassified into income		1.3		0.6
Total before tax		1.4		(6.2)
Tax (expense) benefit		(0.3)		1.6
Net of tax		$	1.1	$	(4.6)