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Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Items not reclassified in their entirety from Accumulated Other Comprehensive Income to Net 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

 
 
Changes in AOCI by component (net of tax)
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
)