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COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
12 Months Ended
Dec. 31, 2017
Reclassifications out of AOCI
Year Ended December 31,Affected line in the consolidated statement of operations
201720162015
Gains on currency translation adjustments
Liquidation/sale of foreign subsidiary$-$36.6$0.1 Other non-operating income (expense), net
Total gains on currency translation adjustments-36.60.1
Gains (losses) on cash flow hedges
Cross-currency swap12.6(6.0)-Other non-operating income (expense), net
Interest rate contract(1.1)-- Interest expense, net
Total before income taxes11.5(6.0)-
Income tax effect of item above(4.8)2.3-Provision for income taxes
Total net gains (losses) on cash flow hedges6.7(3.7)-
Gains on available for sale securities:
Gains on available for sale securities1.8-0.9Other income
Income tax effect of item above---Provision for income taxes
Total gains on available for sale securities1.8-0.9
Pension and other retirement benefits
Amortization of actuarial losses and prior service costs included in net income(5.5)(5.8)(8.5) Operating expense
Amortization of actuarial losses and prior service costs included in net income(3.2)(3.9)(5.0)SG&A expense
Total before income taxes(8.7)(9.7)(13.5)
Income tax effect of item above3.33.75.2Provision for income taxes
Total pension and other retirement benefits(5.4)(6.0)(8.3)
Total gains (losses) included in Net Income attributable to reclassifications out of AOCI$3.1$26.9$(7.3)
Components of Accumulated Other Comprehensive Income
Year Ended December 31, 2017
Pension and Other Retirement BenefitsGains / (Losses) on Cash Flow HedgesForeign Currency Translation AdjustmentsGains on Available for Sale SecuritiesTotal
Balance December 31, 2016$(79.5)$1.7$(290.2)$3.1$(364.9)
Other comprehensive income before reclassifications 12.65.9176.31.0195.8
Amounts reclassified from AOCI5.4(6.7)-(1.8)(3.1)
Other comprehensive income/(loss)18.0(0.8)176.3(0.8)192.7
Balance December 31, 2017$(61.5)$0.9$(113.9)$2.3$(172.2)
Year Ended December 31, 2016
Balance December 31, 2015$(85.7)$(1.1)$(256.0)$3.3$(339.5)
Other comprehensive income/(loss) before reclassifications 0.2(0.9)2.4(0.2)1.5
Amounts reclassified from AOCI6.03.7(36.6)-(26.9)
Other comprehensive income/(loss)6.22.8(34.2)(0.2)(25.4)
Balance December 31, 2016$(79.5)$1.7$(290.2)$3.1$(364.9)
Year Ended December 31, 2015
Balance December 31, 2014$(105.4)$-$(130.7)$0.9$(235.2)
Other comprehensive income/(loss) before reclassifications 11.4(1.1)(125.2)3.3(111.6)
Amounts reclassified from AOCI8.3-(0.1)(0.9)7.3
Other comprehensive income/(loss)19.7(1.1)(125.3)2.4(104.3)
Balance December 31, 2015$(85.7)$(1.1)$(256.0)$3.3$(339.5)