XML 67 R54.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Details of Comprehensive Income (Loss)
The following table provides details of comprehensive loss:
(In millions)
 
Unrecognized
Pension Items
 
Cumulative
Translation
Adjustment
 
Unrecognized 
(Losses) Gains on Derivative Instruments for net investment 
hedge
 
Unrecognized 
(Losses) Gains
on Derivative Instruments 
for cash flow hedge
 
Accumulated 
Other Comprehensive 
Loss, Net of 
Taxes
Balance at December 31, 2017(1)
 
$
(103.4
)
 
$
(694.4
)
 
$
(46.8
)
 
$
(0.3
)
 
$
(844.9
)
Other comprehensive (loss) income before reclassifications
 
(31.5
)
 
(50.4
)
 
15.0

 
2.9

 
(64.0
)
Less: amounts reclassified from accumulated other comprehensive loss
 
2.1

 
—

 
—

 
(0.2
)
 
1.9

Net current period other comprehensive (loss) income
 
(29.4
)
 
(50.4
)
 
15.0

 
2.7

 
(62.1
)
Impact of Accounting Standard Update(2)
 
(3.6
)
 
—

 
(10.1
)
 
0.3

 
(13.4
)
Balance at December 31, 2018(1)
 
$
(136.4
)
 
$
(744.8
)
 
$
(41.9
)
 
$
2.7

 
$
(920.4
)
Other comprehensive (loss) income before reclassifications
 
(13.3
)
 
16.2

 
7.4

 
(1.4
)
 
8.9

Less: amounts reclassified from accumulated other comprehensive loss
 
3.6

 
—

 
—

 
(1.1
)
 
2.5

Net current period other comprehensive (loss) income
 
(9.7
)
 
16.2

 
7.4

 
(2.5
)
 
11.4

Balance at December 31, 2019(1)
 
$
(146.1
)
 
$
(728.6
)
 
$
(34.5
)
 
$
0.2

 
$
(909.0
)
 
       
(1) 
The ending balance in AOCL includes gains and losses on intra-entity foreign currency transactions. The intra-entity currency translation adjustments were $(4.5) million, $65.8 million and $(78.2) million for the years ended December 31, 2019, 2018 and 2017.
(2) 
In the fourth quarter of 2018, the Company Adopted ASU 2018-02. As part of the adoption, the Company has elected to reclassify the tax effects of the TCJA from AOCL to retained earnings. The adoption of the ASU 2018-02 resulted in a $13.4 million reclassification from AOCL to retained earnings due to the stranded tax effects of the TCJA.
Detail of Amounts Reclassified from Accumulated Other Comprehensive Income
The following table provides detail of amounts reclassified from AOCL:
(In millions)
 
2019
 
2018
 
2017
 
Location of Amount Reclassified from AOCL
Defined benefit pension plans and other post-employment benefits:
 
 

 
 

 
 

 
 
Prior service credits
 
$
0.1

 
$
0.3

 
$
1.3

 
 
Actuarial losses
 
(4.9
)
 
(3.1
)
 
(10.0
)
 
 
Total pre-tax amount
 
(4.8
)
 
(2.8
)
 
(8.7
)
 
Other (expense) income, net
Tax benefit
 
1.2

 
0.7

 
2.5

 
  
Net of tax
 
(3.6
)
 
(2.1
)
 
(6.2
)
 
  
Net gains (losses) on cash flow hedging derivatives:(1)
 
 

 
 

 
 

 
 
Foreign currency forward contracts
 
1.6

 
0.2

 
0.9

 
Cost of sales
Interest rate and currency swaps
 
—

 
—

 
(3.4
)
 
Interest expense, net and Other (expense) income, net
Treasury locks
 
0.1

 
0.1

 
0.1

 
Interest expense, net
Total pre-tax amount
 
1.7

 
0.3

 
(2.4
)
 
 
Tax (expense) benefit
 
(0.6
)
 
(0.1
)
 
0.8

 
 
Net of tax
 
1.1

 
0.2

 
(1.6
)
 
 
Total reclassifications for the period
 
$
(2.5
)
 
$
(1.9
)
 
$
(7.8
)
 
 
 
       
(1) 
These accumulated other comprehensive components are included in our derivative and hedging activities. See Note 15, “Derivatives and Hedging Activities,” of the Notes to Consolidated Financial Statements for additional details.