ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income or loss (“AOCI”) represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. For JBT, AOCI is primarily composed of adjustments related to pension and other postretirement benefit plans, derivatives designated as hedges, and foreign currency translation adjustments. Changes in the AOCI balances for the three months ended September 30, 2018 and 2017 by component are shown in the following tables:



	Pension and Other Postretirement Benefits ⁽¹⁾			Derivatives Designated as Hedges ⁽¹⁾			Foreign Currency Translation ⁽¹⁾			Total ⁽¹⁾
(In millions)
Beginning balance, June 30, 2018	$	(111.1	)	$	2.9		$	(45.6	)	$	(153.8	)
Other comprehensive income (loss) before reclassification	—			0.3			(3.2		)	(2.9		)
Amounts reclassified from accumulated other comprehensive income	1.2			(0.3		)	—			0.9
Ending balance, September 30, 2018	$	(109.9	)	$	2.9		$	(48.8	)	$	(155.8	)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended September 30, 2018 were $1.7 million of charges to non-operating other income (expense) net of $0.5 million in provision for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $(0.4) million of charges in interest expense, net of $0.1 million in provision for income taxes.



	Pension and Other Postretirement Benefits ⁽¹⁾			Derivatives Designated as Hedges ⁽¹⁾		Foreign Currency Translation ⁽¹⁾			Total ⁽¹⁾
(In millions)
Beginning balance, June 30, 2017	$	(107.0	)	$	0.2	$	(35.3	)	$	(142.1	)
Other comprehensive income (loss) before reclassification	—			—		7.3			7.3
Amounts reclassified from accumulated other comprehensive income	0.8			0.2		—			1.0
Ending balance, September 30, 2017	$	(106.2	)	$	0.4	$	(28.0	)	$	(133.8	)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended September 30, 2017 were $1.3 million of charges to non-operating other income (expense) net of $0.5 million in provision for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $0.3 million of charges in interest expense, net of $0.1 million in provision for income taxes.

Changes in the AOCI balances for the nine months ended September 30, 2018 and 2017 by component are shown in the following tables:



	Pension and Other Postretirement Benefits ⁽¹⁾			Derivatives Designated as Hedges ⁽¹⁾			Foreign Currency Translation ⁽¹⁾			Total ⁽¹⁾
(In millions)
Beginning balance, December 31, 2017	$	(113.9	)	$	1.4		$	(27.8	)	$	(140.3	)
Other comprehensive income (loss) before reclassification	—			1.9			(21.0		)	(19.1		)
Amounts reclassified from accumulated other comprehensive income	4.0			(0.4		)	—			3.6
Ending balance, September 30, 2018	$	(109.9	)	$	2.9		$	(48.8	)	$	(155.8	)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the nine months ended September 30, 2018 were $5.3 million of charges to non-operating other income (expense) net of $1.3 million in provision for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $(0.6) million of charges in interest expense, net of $0.2 million in provision for income taxes.



	Pension and Other Postretirement Benefits ⁽¹⁾			Derivatives Designated as Hedges ⁽¹⁾			Foreign Currency Translation ⁽¹⁾			Total ⁽¹⁾
(In millions)
Beginning balance, December 31, 2016	$	(108.6	)	$	(0.1	)	$	(48.3	)	$	(157.0	)
Other comprehensive income (loss) before reclassification	—			(0.1		)	20.3			20.2
Amounts reclassified from accumulated other comprehensive income	2.4			0.6			—			3.0
Ending balance, September 30, 2017	$	(106.2	)	$	0.4		$	(28.0	)	$	(133.8	)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the nine months ended September 30, 2017 were $3.9 million of charges to non-operating other income (expense) net of $1.5 million in provision for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $1.0 million of charges in interest expense, net of $0.4 million in provision for income taxes.