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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2015
Equity [Abstract]  
Schedule of Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss as of December 31, 2015 and 2014 were as follows:

(In millions)

 

2015

 

 

2014

 

Currency translation adjustments (a)

 

$

(86.6

)

 

$

(32.8

)

Net unrealized losses on financial instruments, net of tax (b)

 

 

(14.6

)

 

 

(9.3

)

Pension obligation adjustment, net of tax (c)

 

 

(22.7

)

 

 

(27.6

)

Accumulated other comprehensive loss

 

$

(123.9

)

 

$

(69.7

)

 

 

(a)

The currency translation adjustments are not currently adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.

(b)

Reduced by the tax impact of $5.9 million and $3.2 million at December 31, 2015 and 2014, respectively.

(c)

Reduced by the tax impact of $10.0 million and $12.1 million at December 31, 2015 and 2014, respectively.