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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss
The following table presents the changes in the components of accumulated other comprehensive loss, net of tax, for the nine months ended September 30, 2018:

($ in millions)
Losses on
cash flow
hedges
 
Unrealized gains
on investment
securities
 
Defined benefit
pension and other
postretirement plans
 
Foreign
currency
translation
 
Total
Balance, December 31, 2017
$
(4.2
)
 
$
0.5

 
$
(39.0
)
 
$
(74.6
)
 
$
(117.3
)
Other comprehensive income (loss) before reclassifications
1.1

 

 
0.6

 
(39.1
)
 
(37.4
)
Amounts reclassified out
1.4

 

 
(0.5
)
 

 
0.9

Other comprehensive income (loss), net of tax
2.5

 

 
0.1

 
(39.1
)
 
(36.5
)
Balance, September 30, 2018
$
(1.7
)
 
$
0.5

 
$
(38.9
)
 
$
(113.7
)
 
$
(153.8
)
Reclassification out of Accumulated Other Comprehensive Loss
A summary of the reclassifications out of accumulated other comprehensive loss is presented in the following table:

($ in millions)
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
Location on Statement of Income
Detail of components
 
2018
 
2017
 
2018

 
2017

 
Losses on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
 
$
0.1

 
$
(0.5
)
 
$
(0.8
)
 
$
(0.8
)
 
Net sales
Foreign currency contracts
 

 
(0.5
)
 
(0.7
)
 
(0.6
)
 
Cost of goods and services sold
Interest rate swap contracts
 

 
(0.2
)
 

 
(0.7
)
 
Interest expense
Forward treasury locks
 
(0.1
)
 
(0.1
)
 
(0.3
)
 
(0.3
)
 
Interest expense
Total before tax
 

 
(1.3
)
 
(1.8
)
 
(2.4
)
 
 
Tax expense
 

 
0.3

 
0.4

 
0.6

 
 
Net of tax
 
$

 
$
(1.0
)
 
$
(1.4
)
 
$
(1.8
)
 
 
Amortization of defined benefit pension and other postretirement plans:
 
 
 
 
 
 
 
 
 
 
Prior service credit
 
$
0.5

 
$
0.4

 
$
1.6

 
$
1.5

 
(a)
Actuarial losses
 
(0.2
)
 
(0.3
)
 
(1.0
)
 
(1.6
)
 
(a)
Total before tax
 
0.3

 
0.1

 
0.6

 
(0.1
)
 
 
Tax expense
 

 
(0.1
)
 
(0.1
)
 
(0.1
)
 
 
Net of tax
 
$
0.3

 
$

 
$
0.5

 
$
(0.2
)
 
 
Total reclassifications for the period, net of tax
 
$
0.3

 
$
(1.0
)
 
$
(0.9
)
 
$
(2.0
)
 
 

(a) These components are included in the computation of net periodic benefit cost. Please refer to Note 11, Benefit Plans, for additional details.