Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2017

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive income (Loss)

NOTE 13—ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table summarizes the activity within accumulated other comprehensive income (loss) for the years ended December 31, 2017 and 2016:

(In millions)	Currency Translation Adjustments		Pension Benefit Adjustments		Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2015	$	(6.0)	$	5.0	$	(1.0)
Current period currency translation adjustments		(2.2)		(0.1)		(2.3)
Pension benefit adjustments		—		(5.1)		(5.1)
Deferred tax benefit on pension benefit adjustments		—		1.5		1.5
Amortization of net actuarial gains		—		(0.3)		(0.3)
Income tax expense on net actuarial gains		—		0.1		0.1
Balance, December 31, 2016		(8.2)		1.1		(7.1)
Current period currency translation adjustments		10.5		—		10.5
Pension benefit adjustments		—		1.5		1.5
Deferred tax benefit on pension benefit adjustments		—		(0.4)		(0.4)
Balance, December 31, 2017	$	2.3	$	2.2	$	4.5

The following table summarizes reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2017:

	Year Ended December 31,
(In millions)	2017		2016		2015
Amortization of defined pension and other postretirement benefit items:
Amortization of net actuarial gains, before income taxes(1)	$	—	$	0.3	$	—
Deferred income tax expense on pension liability adjustments		—		(0.1)		—
Gains reclassified into loss, net of income taxes	$	—	$	0.2	$	—

⁽¹⁾ This component of accumulated other comprehensive income (loss) is included in the computation of net periodic benefit expense. See Note 15—Employee Benefit Plans for additional details on net periodic benefit expense.