Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Components of Other Comprehensive (loss) Income and Income Tax Expense Allocated to Each Component

The components of other comprehensive (loss) income and income tax expense allocated to each component for the years ended December 31, 2016, 2015 and 2014 was as follows:

	2016								2015								2014
	Before Tax Amount			Income Tax Expense		Net of Tax Amount			Before Tax Amount			Income Tax Expense		Net of Tax Amount			Before Tax Amount			Income Tax Expense			Net of Tax Amount
Translation adjustments	$	(38.3	)	$	—	$	(38.3	)	$	(55.7	)	$	—	$	(55.7	)	$	(45.2	)	$	—		$	(45.2	)
Adjustment for net periodic pension and other postretirement benefits plan cost		20.2			9.0		11.2			60.2			25.4		34.8			(390.9	)		(150.0	)		(240.9	)
Unrealized gain on available-for-sale securities		122.3			3.0		119.3			—			—		—			—			—			—
Change in fair value of derivatives		—			—		—			0.1			—		0.1			0.2			0.1			0.1
Other comprehensive (loss) income	$	104.2		$	12.0	$	92.2		$	4.6		$	25.4	$	(20.8	)	$	(435.9	)	$	(149.9	)	$	(286.0	)

Summary of Changes in Accumulated Other Comprehensive Loss

During the year ended December 31, 2016, translation adjustments and income tax expense on pension and other postretirement benefits plan cost were adjusted to reflect previously recorded deferred taxes at their historical exchange rates.

The following table summarizes changes in accumulated other comprehensive loss by component for the years ended December 31, 2016, 2015 and 2014:

	Changes in the Fair Value of Derivatives			Changes in the Fair Value of Available-for-Sale Securities		Pension and Other Postretirement Benefits Plan Cost			Translation Adjustments			Total
Balance at January 1, 2014	$	(0.2	)	$	—	$	(521.4	)	$	33.5		$	(488.1	)
Other comprehensive income (loss) before reclassifications		—			—		(303.4	)		(34.7	)		(338.1	)
Amounts reclassified from accumulated other comprehensive loss		0.1			—		62.5			(10	)		52.6
Net change in accumulated other comprehensive loss		0.1			—		(240.9	)		(44.7	)		(285.5	)
Balance at December 31, 2014	$	(0.1	)	$	—	$	(762.3	)	$	(11.2	)	$	(773.6	)
Other comprehensive loss before reclassifications		—			—		22.1			(67.6	)		(45.5	)
Amounts reclassified from accumulated other comprehensive loss		0.1			—		8.9			—			9.0
Amounts reclassified from cumulative translation adjustment		—			—		3.8			13.1			16.9
Net change in accumulated other comprehensive loss		0.1			—		34.8			(54.5	)		(19.6	)
Balance at December 31, 2015	$	—		$	—	$	(727.5	)	$	(65.7	)	$	(793.2	)
Other comprehensive income (loss) before reclassifications		—			119.3		(42.7	)		(37.1	)		39.5
Amounts reclassified from accumulated other comprehensive loss		—			—		52.7			—			52.7
Amounts reclassified due to disposition of an operating entity		—			—		1.2			(0.7	)		0.5
Net change in accumulated other comprehensive loss		—			119.3		11.2			(37.8	)		92.7
Distribution to Donnelley Financial and LSC		—			—		556.8			88.0			644.8
Balance at December 31, 2016	$	—		$	119.3	$	(159.5	)	$	(15.5	)	$	(55.7	)

Reclassifications from Accumulated Other Comprehensive Loss Amortization of Pension and Other postretirement Benefits Plan Cost

Reclassifications from accumulated other comprehensive loss for the year ended December 31, 2016, 2015 and 2014 were as follows:

	2016			2015			2014			Classification in the Consolidated Statements of Operations
Amortization of pension and other postretirement benefits plan cost:
Net actuarial loss	$	26.2		$	40.5		$	31.9		(a)
Net prior service credit		(12.7	)		(26.9	)		(25.8	)	(a)
Curtailments and settlements		78.9			0.2			95.7		(a)
Reclassifications before tax		92.4			13.8			101.8
Income tax expense		39.7			4.9			39.3
Reclassifications, net of tax	$	52.7		$	8.9		$	62.5

(a)

These accumulated other comprehensive (loss) income components are included in the calculation of net periodic pension and other postretirement benefits plan (income) expense recognized in cost of sales and selling, general and administrative expenses in the Consolidated Statements of Operations (see Note 12, Retirement Plans).