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Comprehensive Income
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Comprehensive Income
Comprehensive Income:

The following table provides information on items not reclassified in their entirety from AOCL to Net Income in the accompanying Consolidated Statements of Operations (in millions):

 
 
For the Years Ended December 31,
 
 
AOCL Component
 
2018
 
2017
 
Affected Line Item(s) in the Consolidated Statements of Operations
Gains/(Losses) on cash flow hedges:
 
 
 
 
 
 
Commodity derivative contracts
 
$
6.1

 
$
13.7

 
Cost of goods sold
Income tax benefit
 
(1.4
)
 
(5.0
)
 
Provision for income taxes
Net of tax
 
$
4.7

 
$
8.7

 
 
 
 
 
 
 
 
 
Defined Benefit Plan Items:
 
 
 
 
 
 
Pension and Post-Retirement Benefits costs
 
$
(9.3
)
 
$
(7.3
)
 
Cost of goods sold; Selling, general and administrative expenses
Income tax benefit
 
2.3

 
2.8

 
Provision for income taxes
Net of tax
 
$
(7.0
)
 
$
(4.5
)
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments:
 
 
 
 
 
 
Foreign currency adjustments upon sale of business
 
(27.9
)
 

 
Loss (gain), net on sale of businesses and related property
Net of tax
 
(27.9
)
 

 
 
 
 
 
 
 
 
 
Total reclassifications from AOCL
 
$
(30.2
)
 
$
4.2

 
 


The following tables provide information on changes in AOCL, by component (net of tax), for the years ended December 31, 2018 and 2017 (in millions):

 
 
Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2017
 
$
7.4

 
$
1.8

 
$
(127.5
)
 
$
(39.1
)
 
$
(157.4
)
Other comprehensive loss before reclassifications
 
(8.9
)
 
(1.8
)
 
(34.0
)
 
(16.9
)
 
(61.6
)
Amounts reclassified from AOCL
 
(4.7
)
 

 
7.0

 
27.9

 
30.2

Net other comprehensive (loss) income
 
(13.6
)
 
(1.8
)
 
(27.0
)
 
11.0

 
(31.4
)
Balance as of December 31, 2018
 
$
(6.2
)
 
$

 
$
(154.5
)
 
$
(28.1
)
 
$
(188.8
)

 
 
Gains (Losses) on Cash Flow Hedges
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Defined Benefit Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2016
 
$
5.6

 
$
2.3

 
$
(130.0
)
 
$
(73.0
)
 
$
(195.1
)
Other comprehensive (loss) income before reclassifications
 
10.5

 
(0.5
)
 
(2.0
)
 
33.9

 
41.9

Amounts reclassified from AOCI
 
(8.7
)
 

 
4.5

 

 
(4.2
)
Net other comprehensive (loss) income
 
1.8

 
(0.5
)
 
2.5

 
33.9

 
37.7

Balance as of December 31, 2017
 
$
7.4

 
$
1.8

 
$
(127.5
)
 
$
(39.1
)
 
$
(157.4
)