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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

14.

Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (loss) are as follows:  

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Foreign

 

 

Defined

 

 

 

 

 

 

Other

 

 

Currency

 

 

Benefit

 

 

Derivative

 

 

Comprehensive

 

 

Adjustments

 

 

Plans

 

 

Agreements

 

 

Income (Loss)

 

Balance at December 31, 2015

$

(38.5

)

 

$

(11.5

)

 

$

4.1

 

 

$

(45.9

)

Other comprehensive income (loss) before reclassifications

 

3.4

 

 

 

0.0

 

 

 

(9.5

)

 

 

(6.1

)

Amounts reclassified to consolidated statement of

   income

 

0.0

 

 

 

0.0

 

 

 

(0.3

)

 

 

(0.3

)

Tax benefit (expense)

 

0.0

 

 

 

0.0

 

 

 

2.3

 

 

 

2.3

 

Other comprehensive income (loss)

 

3.4

 

 

 

0.0

 

 

 

(7.5

)

 

 

(4.1

)

Balance at June 30, 2016

$

(35.1

)

 

$

(11.5

)

 

$

(3.4

)

 

$

(50.0

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2016

$

(50.0

)

 

$

(13.2

)

 

$

(0.6

)

 

$

(63.8

)

Other comprehensive income (loss) before reclassifications

 

14.6

 

 

 

2.2

 

 

 

(6.2

)

 

 

10.6

 

Amounts reclassified to consolidated statement of

   income (a) (b)

 

0.0

 

 

 

11.9

 

 

 

0.3

 

 

 

12.2

 

Tax benefit (expense)

 

0.0

 

 

 

(2.2

)

 

 

1.9

 

 

 

(0.3

)

Other comprehensive income (loss)

 

14.6

 

 

 

11.9

 

 

 

(4.0

)

 

 

22.5

 

Balance at June 30, 2017

$

(35.4

)

 

$

(1.3

)

 

$

(4.6

)

 

$

(41.3

)

 

 

(a)

In connection with the termination of international defined benefit pension plans, $11.9 was reclassified to SG&A.  All other amounts were reclassified to Cost of Sales.  

 

(b)

The Company reclassified a loss of $12.1 and a loss of $0.2 to the consolidated statement of income during the three months ended June 30, 2017 and 2016, respectively.