XML 38 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Aug. 31, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income (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
)
Reclassification out of Accumulated Other Comprehensive Income
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).