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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2019
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, 2019:
 
 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2019
 
$
(189.8
)
 
$
(2.5
)
 
$
8.8

 
$
(121.5
)
 
$
0.2

 
$
(304.8
)
Other comprehensive income (loss) before reclassifications (1)
 
16.5

 
0.7

 
(3.4
)
 
—

 

 
13.8

Amounts reclassified from AOCI
 
—

 
—

 
0.5

 
4.3

 
—

 
4.8

Net current-period other comprehensive income (loss)
 
16.5

 
0.7

 
(2.9
)
 
4.3

 
—

 
18.6

Balance at June 30, 2019
 
$
(173.3
)
 
$
(1.8
)
 
$
5.9

 
$
(117.2
)
 
$
0.2

 
$
(286.2
)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(2.5) 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, 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)
 
(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 six months ended June 30, 2019:

 
Translation
 
Foreign Currency Hedges
 
Interest Rate Hedges
 
Pension and Other Post-retirement Benefits
 
Other
 
Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2019
 
$
(191.5
)
 
$
(1.9
)
 
$
10.6

 
$
(121.0
)
 
$
0.1

 
$
(303.7
)
Other comprehensive income (loss) before reclassifications (1)
 
18.2

 
0.1

 
(5.7
)
 
—

 
0.1

 
12.7

Amounts reclassified from AOCI
 
—

 
—

 
1.0

 
3.8

 
—

 
4.8

Net current-period other comprehensive income (loss)
 
18.2

 
0.1

 
(4.7
)
 
3.8

 
0.1

 
17.5

Balance at June 30, 2019
 
$
(173.3
)
 
$
(1.8
)
 
$
5.9

 
$
(117.2
)
 
$
0.2

 
$
(286.2
)

(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $0.2 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 standards (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)
 
(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 details about amounts reclassified from AOCI:
 
 
Three Months Ended
 
Six Months Ended
 
Affected Line Item in the Statement of Operations
 
 
2019
 
2018
 
2019
 
2018
 
Interest rate hedges
 
$
0.5

 
$
0.8

 
$
1.0

 
$
1.2

 
Interest expense
Pension and post-retirement benefits:
 
 
 
 
 
 
 
 
 
 
Net actuarial (loss) gain amortization (net of tax of $(0.4), $(0.6), $(0.7) and $(0.2), respectively)
 
4.3

 
1.8

 
3.8

 
3.6

 
(1) 
Total reclassifications for the period
 
$
4.8

 
$
2.6

 
$
4.8

 
$
4.8

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