12. Other Comprehensive (Loss) Income

The components of other comprehensive income (loss) and income tax (benefit) expense allocated to each component for the three and nine months ended September 30, 2017 and 2016 were as follows:

	Three Months Ended								Nine Months Ended
	September 30, 2017								September 30, 2017

	Before Tax			Income Tax		Net of Tax			Before Tax			Income Tax			Net of Tax
	Amount			Expense		Amount			Amount			Expense			Amount
Translation adjustments	$	17.7		$	—	$	17.7		$	46.8		$	—		$	46.8
Adjustment for net periodic pension and other postretirement benefits plan cost		1.2			0.5		0.7			3.2			1.1			2.1
Adjustments for available-for-sale securities		(1.8	)		—		(1.8	)		(122.3	)		(3.0	)		(119.3	)
Other comprehensive income (loss)	$	17.1		$	0.5	$	16.6		$	(72.3	)	$	(1.9	)	$	(70.4	)

	Three Months Ended									Nine Months Ended
	September 30, 2016									September 30, 2016
	Before Tax			Income Tax			Net of Tax			Before Tax			Income Tax			Net of Tax
	Amount			Expense			Amount			Amount			Expense			Amount
Translation adjustments	$	(4.4	)	$	—		$	(4.4	)	$	(9.0	)	$	—		$	(9.0	)
Adjustment for net periodic pension and other postretirement benefits plan cost		(32.4	)		(13.0	)		(19.4	)		(16.3	)		(3.0	)		(13.3	)
Other comprehensive loss	$	(36.8	)	$	(13.0	)	$	(23.8	)	$	(25.3	)	$	(3.0	)	$	(22.3	)

During the nine months ended September 30, 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.

Accumulated other comprehensive loss by component as of December 31, 2016 and September 30, 2017, and changes during the nine months ended September 30, 2017, were as follows:

	Changes in the Fair Value of Available-for-Sale Securities			Pension and Other Postretirement Benefits Plan Cost			Translation Adjustments			Total
Balance at December 31, 2016	$	119.3		$	(159.5	)	$	(15.5	)	$	(55.7	)
Other comprehensive (loss) income before reclassifications		(48.5	)		—			43.6			(4.9	)
Amounts reclassified from accumulated other comprehensive loss		(70.8	)		2.1			2.8			(65.9	)
Net change in accumulated other comprehensive loss		(119.3	)		2.1			46.4			(70.8	)
Balance at September 30, 2017	$	—		$	(157.4	)	$	30.9		$	(126.5	)

Accumulated other comprehensive loss by component as of December 31, 2015 and September 30, 2016, and changes during the nine months ended September 30, 2016, were as follows:

	Pension and Other Postretirement Benefits Plan Cost			Translation Adjustments			Total
Balance at December 31, 2015	$	(727.5	)	$	(65.7	)	$	(793.2	)
Other comprehensive loss before reclassifications		(69.7	)		(8.5	)		(78.2	)
Amounts reclassified from accumulated other comprehensive loss		55.2			—			55.2
Amounts reclassified due to disposition of a business		1.2			(0.7	)		0.5
Net change in accumulated other comprehensive loss		(13.3	)		(9.2	)		(22.5	)
Balance at September 30, 2016	$	(740.8	)	$	(74.9	)	$	(815.7	)

Reclassifications from accumulated other comprehensive loss for the three and nine months ended September 30, 2017 and 2016 were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,						Classification in the Condensed Consolidated
	2017			2016			2017			2016			Statements of Operations
Translation Adjustments:
Net realized loss	$	2.8			—		$	2.8			—		Selling, general and administrative expenses
Reclassifications before tax		2.8			—			2.8			—
Income tax benefit		—			—			—			—
Reclassification, net of tax	$	2.8		$	—		$	2.8		$	—
Amortization of pension and other postretirement benefits plan cost:
Net actuarial loss	$	1.9		$	7.8		$	5.4		$	23.5		Cost of sales; Selling, general and administrative expenses
Net prior service credit		(0.7	)		(4.0	)		(2.2	)		(12.0	)	Cost of sales; Selling, general and administrative expenses
Settlements		—			1.6			—			98.5		Cost of sales; Selling, general and administrative expenses
Curtailments		—			(19.7	)		—			(19.7	)	Cost of sales; Selling, general and administrative expenses
Reclassifications before tax		1.2			(14.3	)		3.2			90.3
Income tax expense (benefit)		0.5			(7.9	)		1.1			35.1
Reclassification, net of tax	$	0.7		$	(6.4	)	$	2.1		$	55.2
Available-for-sale securities:
Net realized gain on equity securities		(1.8	)		—			(52.8	)		—		Investment and other income-net
Reclassifications before tax		(1.8	)		—			(52.8	)		—
Income tax benefit		—			—			18.0			—
Reclassification, net of tax		(1.8	)		—			(70.8	)		—
Total reclassifications, net of tax	$	1.7		$	(6.4	)	$	(65.9	)	$	55.2