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COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Reclassifications out of AOCI
The following table provides details about the reclassifications out of AOCI:
Gains (losses) on cash flow hedges
Three Months Ended
September 30, 2019
 
Nine Months Ended
September 30, 2019
 
Affected line in the consolidated statement of operations
Cross-currency swap
$
0.1

 
$
—

 
Other non-operating income(expense), net
Interest rate contract
(0.2
)
 
(0.2
)
 
Interest expense, net
Total before income taxes
(0.1
)
 
(0.2
)
 
 
Income tax effect of items above
0.1

 
0.1

 
Provision for income taxes
Total net gains (losses) on cash flow hedges
—

 
(0.1
)
 
 
Gains on net investment hedges
 
 
 
 
 
FX forwards
1.0

 
1.0

 
Other non-operating income(expense), net
Income tax effect of item above
(0.2
)
 
(0.2
)
 
Provision for income taxes
Total net gains on net investment hedges
0.8

 
0.8

 
 
Pension and other retirement benefits
 
 
 
 
 
Amortization of actuarial losses and prior service costs included in net income
(0.5
)
 
(1.5
)
 
Operating expense
Amortization of actuarial losses and prior service costs included in net income
(0.3
)
 
(0.9
)
 
SG&A expense
Total before income taxes
(0.8
)
 
(2.4
)
 
 
Income tax effect of item above
0.2

 
0.6

 
Provision for income taxes
Total pension and other retirement benefits
(0.6
)
 
(1.8
)
 
 
Total net gains (losses) included in Net Income attributable to reclassifications out of AOCI
$
0.2

 
$
(1.1
)
 
 

Gains on cash flow hedges
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
 
Affected line in the consolidated statement of operations
Cross-currency swap
$
0.1

 
$
0.3

 
Other non-operating income (expense), net
Income tax effect of item above
—

 
—

 
Provision for income taxes
Total net gains on cash flow hedges
0.1

 
0.3

 
 
Pension and other retirement benefits
 
 
 
 
 
Amortization of actuarial losses and prior service costs included in net income
(0.6
)
 
(2.2
)
 
Operating expense
Amortization of actuarial losses and prior service costs included in net income
(0.5
)
 
(1.3
)
 
SG&A expense
Total before income taxes
(1.1
)
 
(3.5
)
 
 
Income tax effect of item above
0.3

 
1.0

 
Provision for income taxes
Total pension and other retirement benefits
(0.8
)
 
(2.5
)
 
 
Total net losses included in Net Income attributable to reclassifications out of AOCI
$
(0.7
)
 
$
(2.2
)
 
 
Components of Accumulated Other Comprehensive Income
The cumulative amount of net investment hedge and cash flow hedge gains (losses) remaining in AOCI is as follows:
 
Cumulative Gains/(Losses), net of tax
 
September 30, 2019
 
December 31, 2018
Net investment hedges
 
 
 
Cross currency swaps
$
87.4

 
$
12.3

FX forwards
27.6

 
23.5

Long-term debt
11.4

 
(3.1
)
Total net investment hedges
$
126.4

 
$
32.7

Cash flow hedges
 
 
 
Interest rate contracts
$
(2.3
)
 
$
(2.4
)
Cross currency swap
2.5

 
2.5

Total cash flow hedges
0.2

 
0.1

Total net gain in AOCI
$
126.6

 
$
32.8



The following tables show changes in AOCI by component (net of tax):
Three Months Ended
September 30, 2019
 
September 30, 2018
Gains/(Losses)
Pension and Other Retirement Benefits
Cash Flow Hedges
Foreign Currency Translation Adjustments
Net Investment Hedges
Total
 
Pension and Other Retirement Benefits
Cash Flow Hedges
Foreign Currency Translation Adjustments
Net Investment Hedges
Total
Balance June 30,
$
(70.5
)
$
0.2

$
(400.3
)
$
24.5

$
(446.1
)
 
$
(58.6
)
$
2.2

$
(263.6
)
$
15.2

$
(304.8
)
Other comprehensive income/(loss) before reclassifications
—

—

(193.7
)
102.7

(91.0
)
 
—

—

(42.0
)
4.1

(37.9
)
Amounts reclassified from AOCI
0.6

—

—

(0.8
)
(0.2
)
 
0.8

(0.1
)
—

—

0.7

Other comprehensive income/(loss)
0.6

—

(193.7
)
101.9

(91.2
)
 
0.8

(0.1
)
(42.0
)
4.1

(37.2
)
Balance September 30,
$
(69.9
)
$
0.2

$
(594.0
)
$
126.4

$
(537.3
)
 
$
(57.8
)
$
2.1

$
(305.6
)
$
19.3

$
(342.0
)

Nine Months Ended
September 30, 2019
 
September 30, 2018
Gains/(Losses)
Pension and Other Retirement Benefits
Cash Flow Hedges
Foreign Currency Translation Adjustments
Net Investment Hedges
Total
 
Pension and Other Retirement Benefits
Cash Flow Hedges
Foreign Currency Translation Adjustments
Net Investment Hedges
Gains on Available for Sale Securities
Total
Balance December 31,
$
(53.1
)
$
0.1

$
(406.0
)
$
32.7

$
(426.3
)
 
$
(61.5
)
$
0.9

$
(112.6
)
$
(1.3
)
$
2.3

$
(172.2
)
Adoption of ASU 2016-01 relating to financial instruments
—

—

—

—

—

 
—

—

—

—

(2.3
)
(2.3
)
Other comprehensive income/(loss) before reclassifications
(1.3
)
—

(188.0
)
97.0

(92.3
)
 
1.2

1.5

(193.0
)
20.6

—

(169.7
)
Amounts reclassified from AOCI
1.8

0.1

—

(0.8
)
1.1

 
2.5

(0.3
)
—

—

—

2.2

Adoption of ASU 2018-02 (See Note 1)
(17.3
)
—

—

(2.5
)
(19.8
)
 
—

—

—

—

—

—

Other comprehensive income/(loss)
(16.8
)
0.1

(188.0
)
93.7

(111.0
)
 
3.7

1.2

(193.0
)
20.6

(2.3
)
(169.8
)
Balance September 30,
$
(69.9
)
$
0.2

$
(594.0
)
$
126.4

$
(537.3
)
 
$
(57.8
)
$
2.1

$
(305.6
)
$
19.3

$
—

$
(342.0
)