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Accumulated Other Comprehensive Income
 12 Months Ended
Nov. 30, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
COMPREHENSIVE INCOME
9.  ACCUMULATED OTHER COMPREHENSIVE LOSS
The following table sets forth the components of accumulated other comprehensive loss, net of tax where applicable, as of November 30 (in millions):
 
2019
2018
Accumulated other comprehensive loss, net of tax where applicable
 
 
Foreign currency translation adjustment (1)
$
(266.5
)
$
(241.6
)
Unrealized loss on foreign currency exchange contracts
—

(1.1
)
Unamortized value of settled interest rate swaps
0.3

0.6

Pension and other postretirement costs
(234.0
)
(117.8
)
 
$
(500.2
)
$
(359.9
)

(1)
The foreign currency translation adjustment of accumulated other comprehensive loss increased by $(24.9) million during the year ended November 30, 2019. Of that increase, $0.9 million was associated with net investment hedges as more fully described in Note 7.

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 years ended November 30:
(millions)
 
 
 
 
 
 
 
Affected line items in the consolidated income statement
Accumulated other comprehensive income (loss) components
 
2019
 
2018
 
2017
 
(Gains)/losses on cash flow hedges:
 
 
 
 
 
 
 
 
 
Interest rate derivatives
 
$
(0.5
)
 
$
(0.5
)
 
$
0.4

 
Interest expense
Foreign exchange contracts
 
(1.6
)
 
3.3

 
(1.2
)
 
Cost of goods sold
Total before taxes
 
(2.1
)
 
2.8

 
(0.8
)
 
 
 
Tax effect
 
0.4

 
(0.6
)
 
0.2

 
Income taxes
Net, after tax
 
$
(1.7
)
 
$
2.2

 
$
(0.6
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of pension and postretirement benefit adjustments:
 
 
 
 
 
 
 
 
 
Amortization of prior service (credits) costs (1)
 
$
(8.0
)
 
$
(8.5
)
 
$
(1.6
)
 
Other income, net
Amortization of net actuarial losses (1)
 
2.6

 
12.6

 
9.7

 
Other income, net
Total before taxes
 
(5.4
)
 
4.1

 
8.1

 
 
 
Tax effect
 
1.2

 
(1.0
)
 
(2.8
)
 
Income taxes
Net, after tax
 
$
(4.2
)
 
$
3.1

 
$
5.3

 
 
 

(1) This accumulated other comprehensive income (loss) component is included in the computation of total pension expense and total other postretirement expense (refer to note 10 for additional details).