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Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
 
The following table presents the changes in the components of accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2019:

($ in millions)
Losses on
derivatives
 
Unrealized gains
on investment
securities
 
Defined benefit
pension and other
postretirement plans
 
Foreign
currency
translation
 
Total
Balance, December 31, 2018
$
(0.4
)
 
$
0.4

 
$
(40.4
)
 
$
(113.8
)
 
$
(154.2
)
Other comprehensive (loss) income before reclassifications
(3.0
)
 

 
(0.2
)
 
4.4

 
1.2

Amounts reclassified out
(0.3
)
 

 
(0.1
)
 

 
(0.4
)
Other comprehensive (loss) income, net of tax
(3.3
)
 

 
(0.3
)
 
4.4

 
0.8

Balance, March 31, 2019
$
(3.7
)
 
$
0.4

 
$
(40.7
)
 
$
(109.4
)
 
$
(153.4
)


A summary of the reclassifications out of accumulated other comprehensive loss is presented in the following table:

($ in millions)
 
Three Months Ended
March 31,
 
Location on Statement of Income
Detail of components
 
2019
 
2018
 
Losses on derivatives:
 
 
 
 
 
 
Foreign currency contracts
 
$
0.2

 
$
(0.6
)
 
Net sales
Foreign currency contracts
 
0.2

 
(0.6
)
 
Cost of goods and services sold
Forward treasury locks
 
(0.1
)
 
(0.1
)
 
Interest expense
Total before tax
 
0.3

 
(1.3
)
 
 
Tax expense
 

 
0.3

 
 
Net of tax
 
$
0.3

 
$
(1.0
)
 
 
Amortization of defined benefit pension and other postretirement plans:
 
 
 
 
 
 
Prior service credit
 
$
0.2

 
$
0.5

 
(a)
Actuarial losses
 

 
(0.4
)
 
(a)
Total before tax
 
0.2

 
0.1

 
 
Tax expense
 
(0.1
)
 

 
 
Net of tax
 
$
0.1

 
$
0.1

 
 
Total reclassifications for the period, net of tax
 
$
0.4

 
$
(0.9
)
 
 

(a) These components are included in the computation of net periodic benefit cost. Please refer to Note 14, Benefit Plans, for additional details.