XML 29 R19.htm IDEA: XBRL DOCUMENT v3.19.1
Comprehensive Income
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Comprehensive Income Comprehensive Income (Loss):

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 Three Months Ended March 31,
 
Affected Line Item(s) in the Consolidated Statements of Operations
 
 
2019
 
2018
 
Gains/(Losses) on cash flow hedges:
 
 
 
 
 
 
Commodity futures contracts/foreign exchange forward contracts
 
$
(2.4
)
 
$
4.6

 
Cost of goods sold
Income tax benefit (expense)
 
0.6

 
(1.1
)
 
Provision for income taxes
Net of tax
 
$
(1.8
)
 
$
3.5

 
 
 
 
 
 
 
 
 
Defined Benefit Plan items:
 
 
 
 
 
 
Pension and post-retirement benefit costs
 
$
(2.0
)
 
$
(2.3
)
 
Cost of goods sold; Selling, general and administrative expenses
Income tax benefit
 
0.5

 
0.6

 
Provision for income taxes
Net of tax
 
$
(1.5
)
 
$
(1.7
)
 
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments:
 
 
 
 
 
 
Foreign currency adjustments upon sale of business
 
$
(2.1
)
 
$

 
Loss (gain), net on sale of businesses and related property
Net of tax
 
$
(2.1
)
 
$

 
 
 
 
 
 
 
 
 
Total reclassifications from AOCL
 
$
(5.4
)
 
$
1.8

 
 


The following table provides information on changes in AOCL, by component (net of tax), for the three months ended March 31, 2019 (in millions):
 
 
Gains (Losses) on Cash Flow Hedges
 
Defined Benefit Pension Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2018
 
$
(6.2
)
 
$
(154.5
)
 
$
(28.1
)
 
$
(188.8
)
Other comprehensive income (loss) before reclassifications
 
4.4

 
(1.7
)
 
0.5

 
3.2

Amounts reclassified from AOCL
 
1.8

 
1.5

 
2.1

 
5.4

Net other comprehensive (loss) income
 
6.2

 
(0.2
)
 
2.6

 
8.6

Balance as of March 31, 2019
 
$

 
$
(154.7
)
 
$
(25.5
)
 
$
(180.2
)