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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended March 31, 2018:

 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2018
 
$
(116.8
)
 
$
(5.1
)
 
$
8.1

 
$
(82.6
)
 
$
0.1

 
$
(196.3
)
Adoption of accounting standards (1)
 
(9.1
)
 
(1.0
)
 
1.3

 
(20.2
)
 

 
(29.0
)
Other comprehensive income (loss) before reclassifications
 
18.2

 
(2.8
)
 
2.2

 

 

 
17.6

Amounts reclassified from AOCI
 

 

 
0.4

 
1.8

 

 
2.2

Net current-period other comprehensive income (loss)
 
9.1

 
(3.8
)
 
3.9

 
(18.4
)
 

 
(9.2
)
Balance at March 31, 2018
 
$
(107.7
)
 
$
(8.9
)
 
$
12.0

 
$
(101.0
)
 
$
0.1

 
$
(205.5
)

(1) Stranded tax effects reclassified from AOCI to retained earnings from the adoption of ASU 2018-02

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended March 31, 2017:
 
 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2017
 
$
(251.2
)
 
$
(5.7
)
 
$
4.6

 
$
(89.3
)
 
$
0.3

 
$
(341.3
)
Other comprehensive income (loss) before reclassifications
 
49.3

 
(2.2
)
 
2.0

 

 

 
49.1

Amounts reclassified from AOCI
 

 

 
(0.3
)
 
(3.9
)
 

 
(4.2
)
Net current-period other comprehensive income (loss)
 
49.3

 
(2.2
)
 
1.7

 
(3.9
)
 

 
44.9

Balance at March 31, 2017
 
$
(201.9
)
 
$
(7.9
)
 
$
6.3

 
$
(93.2
)
 
$
0.3

 
$
(296.4
)

The following table summarizes the details about amounts reclassified from AOCI:
 
 
Three Months Ended
 
Affected Line Item in the Statement of Operations
 
 
2018
 
2017
 
Interest rate hedges
 
$
0.4

 
$
(0.3
)
 
Interest expense
Pension and post-retirement benefits:
 
 
 
 
 
 
Net actuarial loss amortization (net of tax of $(0.4) and $1.5, respectively)
 
1.8

 
(3.9
)
 
(1) 
Total reclassifications for the period
 
$
2.2

 
$
(4.2
)
 
 
(1) 
Pension and other post-retirement benefits AOCI components are included in the computation of net periodic benefit cost (refer to note 16).