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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 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 June 30, 2018:
 
 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2018
 
$
(107.7
)
 
$
(8.9
)
 
$
12.0

 
$
(101.0
)
 
$
0.1

 
$
(205.5
)
Other comprehensive income (loss) before reclassifications (1)
 
(79.8
)
 
8.7

 
0.5

 

 

 
(70.6
)
Amounts reclassified from AOCI
 

 

 
0.8

 
1.8

 

 
2.6

Net current-period other comprehensive income (loss) (1)
 
(79.8
)
 
8.7

 
1.3

 
1.8

 

 
(68.0
)
Balance at June 30, 2018
 
$
(187.5
)
 
$
(0.2
)
 
$
13.3

 
$
(99.2
)
 
$
0.1

 
$
(273.5
)
(1)Other comprehensive income (loss) before reclassifications within the translation component excludes $(1.5) of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended June 30, 2017:

 
 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2017
 
$
(201.9
)
 
$
(7.9
)
 
$
6.3

 
$
(93.2
)
 
$
0.3

 
$
(296.4
)
Other comprehensive income (loss) before reclassifications (1)
 
78.2

 
5.6

 
(0.5
)
 

 

 
83.3

Amounts reclassified from AOCI
 

 

 
(0.1
)
 
0.9

 

 
0.8

Net current-period other comprehensive income (loss) (1)
 
78.2

 
5.6

 
(0.6
)
 
0.9

 

 
84.1

Balance at June 30, 2017
 
$
(123.7
)
 
$
(2.3
)
 
$
5.7

 
$
(92.3
)
 
$
0.3

 
$
(212.3
)
(1)Other comprehensive income (loss) before reclassifications within the translation component excludes $1.7 of translation attributable to noncontrolling interests.


The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the six months ended June 30, 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 standard (1)
 
(9.1
)
 
(1.0
)
 
1.3

 
(20.2
)
 

 
(29.0
)
Other comprehensive income (loss) before reclassifications (2)
 
(61.6
)
 
5.9

 
2.7

 

 

 
(53.0
)
Amounts reclassified from AOCI
 

 

 
1.2

 
3.6

 

 
4.8

Net current-period other comprehensive income (loss) (2)
 
(70.7
)
 
4.9

 
5.2

 
(16.6
)
 

 
(77.2
)
Balance at June 30, 2018
 
$
(187.5
)
 
$
(0.2
)
 
$
13.3

 
$
(99.2
)
 
$
0.1

 
$
(273.5
)
(1)Stranded tax effects reclassified from AOCI to retained earnings from the adoption of ASU 2018-02.
(2) Other comprehensive income (loss) before reclassifications within the translation component excludes $(1.5) of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the six months ended June 30, 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 (1)
 
127.5

 
3.4

 
1.5

 

 

 
132.4

Amounts reclassified from AOCI
 

 

 
(0.4
)
 
(3.0
)
 

 
(3.4
)
Net current-period other comprehensive income (loss)
 
127.5

 
3.4

 
1.1

 
(3.0
)
 

 
129.0

Balance at June 30, 2017
 
$
(123.7
)
 
$
(2.3
)
 
$
5.7

 
$
(92.3
)
 
$
0.3

 
$
(212.3
)
(1)Other comprehensive income (loss) before reclassifications within the translation component excludes $1.7 of translation attributable to noncontrolling interests.

The following table summarizes the details about amounts reclassified from AOCI:
 
 
Three Months Ended
 
Six Months Ended
 
Affected Line Item in the Statement of Operations
 
 
2018
 
2017
 
2018
 
2017
 
Interest rate hedges
 
$
0.8

 
$
(0.1
)
 
$
1.2

 
$
(0.4
)
 
Interest expense
Pension and post-retirement benefits:
 
 
 
 
 
 
 
 
 
 
Net actuarial loss amortization (net of tax of $(0.6), $(0.5), $(0.2) and $1.0, respectively)
 
1.8

 
0.9

 
3.6

 
(3.0
)
 
(1) 
Total reclassifications for the period
 
$
2.6

 
$
0.8

 
$
4.8

 
$
(3.4
)
 
 
(1) 
Pension and other post-retirement benefits AOCI components are included in the computation of net periodic benefit cost (refer to note 16).