XML 46 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Comprehensive Income (Tables)
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Reclassification out of accumulated other 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 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

 
 
Changes in AOCI by component (net of tax) 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
)