Note 14. Other Comprehensive (Loss) Income

The components of other comprehensive (loss) income and income tax expense allocated to each component for the years ended December 31, 2017, 2016 and 2015 were as follows:

	2017									2016								2015
	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	$	57.1		$	—		$	57.1		$	(38.3	)	$	—	$	(38.3	)	$	(55.7	)	$	—	$	(55.7	)
Adjustment for net periodic pension and other postretirement benefits plan cost		22.4			7.5			14.9			20.2			9.0		11.2			60.2			25.4		34.8
Adjustment for available-for-sale securities		(122.3	)		(3.0	)		(119.3	)		122.3			3.0		119.3			—			—		—
Change in fair value of derivatives		—			—			—			—			—		—			0.1			—		0.1
Other comprehensive (loss) income	$	(42.8	)	$	4.5		$	(47.3	)	$	104.2		$	12.0	$	92.2		$	4.6		$	25.4	$	(20.8	)

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, 2017, 2016 and 2015:

	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, 2015	$	(0.1	)	$	—		$	(762.3	)	$	(11.2	)	$	(773.6	)
Other comprehensive income (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	)
Other comprehensive income (loss) before reclassifications		—			(48.5	)		10.6			53.6			15.7
Amounts reclassified from accumulated other comprehensive loss		—			(70.8	)		4.3			2.8			(63.7	)
Net change in accumulated other comprehensive loss		—			(119.3	)		14.9			56.4			(48.0	)
Balance at December 31, 2017	$	—		$	—		$	(144.6	)	$	40.9		$	(103.7	)

Reclassifications from accumulated other comprehensive loss for the year ended December 31, 2017, 2016 and 2015 were as follows:

	2017			2016			2015			Classification in the Consolidated Statements of Operations
Translation Adjustments:
Net realized loss	$	2.8		$	—		$	—		(a)
Reclassifications before tax		2.8			—			—
Income tax expense		—			—			—
Reclassifications, net of tax	$	2.8		$	—		$	—
Amortization of pension and other postretirement benefits plan cost:
Net actuarial loss	$	7.2		$	26.2		$	40.5		(b)
Net prior service credit		(2.8	)		(12.7	)		(26.9	)	(b)
Curtailments and settlements		1.6			78.9			0.2		(b)
Reclassifications before tax		6.0			92.4			13.8
Income tax expense		1.7			39.7			4.9
Reclassifications, net of tax	$	4.3		$	52.7		$	8.9
Available-for-sale securities:
Net realized gain on equity securities	$	(52.8	)	$	—		$	—		(c)
Reclassifications before tax		(52.8	)		—			—
Income tax expense		18.0			—			—
Reclassifications, net of tax	$	(70.8	)	$	—		$	—
Total reclassifications, net of tax	$	(63.7	)	$	52.7		$	8.9

(a)

Included within selling, general and administrative expenses in the Consolidated Statements of Operations.

(b)

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 9, Retirement Plans).

(c)

Included within investment and other income-net in the Consolidated Statements of Operations