ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table sets forth the components of accumulated other comprehensive income (loss), net of tax where applicable (in millions):



	August 31, 2018			August 31, 2017			November 30, 2017
Foreign currency translation adjustment	$	(197.3	)	$	(114.5	)	$	(124.4	)
Unrealized loss on foreign currency exchange contracts	(1.5		)	(4.1		)	(3.6		)
Unamortized value of settled interest rate swaps	0.8			1.0			0.8
Pension and other postretirement costs	(156.1		)	(148.3		)	(152.3		)
Accumulated other comprehensive loss	$	(354.1	)	$	(265.9	)	$	(279.5	)

In conjunction with the adoption of ASU No. 2018-02 Income Statement-Reporting Comprehensive Income (Topic 220)–Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, we reclassified $20.9 million of other comprehensive income, primarily associated with pension and other postretirement plans, from accumulated other comprehensive income to retained earnings effective December 1, 2017.

The following table sets forth the amounts reclassified from accumulated other comprehensive income (loss) and into consolidated net income for the three and nine months ended August 31, 2018 and 2017 (in millions):



	Three months ended						Nine months ended						Affected Line Items in the Condensed Consolidated Income Statement
Accumulated Other Comprehensive Income (Loss) Components	August 31, 2018			August 31, 2017			August 31, 2018			August 31, 2017
(Gains)/losses on cash flow hedges:
Interest rate derivatives	$	(0.2	)	$	0.1		$	(0.4	)	$	0.2		Interest expense
Foreign exchange contracts	0.8			(0.3		)	3.5			(2.1		)	Cost of goods sold
Total before tax	0.6			(0.2		)	3.1			(1.9		)
Tax effect	(0.1		)	0.1			(0.6		)	0.6			Income taxes
Net, after tax	$	0.5		$	(0.1	)	$	2.5		$	(1.3	)

Amortization of pension and postretirement benefit adjustments:
Amortization of prior service costs (credit) (1)	$	(2.2	)	$	(0.3	)	$	(6.0	)	$	0.3		SG&A expense/ Cost of goods sold
Amortization of net actuarial losses (1)	3.1			2.3			9.5			7.4			SG&A expense/ Cost of goods sold
Total before tax	0.9			2.0			3.5			7.7
Tax effect	(0.2		)	(0.7		)	(0.8		)	(2.7		)	Income taxes
Net, after tax	$	0.7		$	1.3		$	2.7		$	5.0

(1) This accumulated other comprehensive income (loss) component is included in the computation of total pension expense and other postretirement benefits expense (refer to note 7 for additional details).