Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Accumulated Other Comprehensive Loss

Note 10 — Accumulated Other Comprehensive Loss

Comprehensive income represents net income and other gains and losses affecting stockholders’ equity that are not reflected in the consolidated statements of operations. The components of accumulated other comprehensive loss as of June 30, 2017 and December 31, 2016 were as follows:

(In millions)		Unrecognized Defined Benefit and Postretirement Plan Costs				Change in Fair Value of Derivatives Products (1)				Foreign Currency Translation				Total
Balance at December 31, 2016	$		(14.6	)	$		(18.7	)	$		(141.1	)	$		(174.4	)
Other comprehensive (loss) income before reclassifications			(0.8	)			15.9				58.5				73.6
Amounts reclassified from accumulated other comprehensive loss			(0.2	)			8.0				—				7.8
Other comprehensive (loss) income			(1.0	)			23.9				58.5				81.4
Balance at June 30, 2017	$		(15.6	)	$		5.2		$		(82.6	)	$		(93.0	)

(1) Includes forward foreign exchange contracts and interest rate derivatives

The amounts reclassified to earnings from the unrecognized net defined benefit and postretirement plan costs component of accumulated other comprehensive loss for the quarter were not material and were $0.3 million of  net gains less $0.1 million of taxes for the six months ended June 30, 2017. The amounts reclassified to earnings from the change in fair value of the derivatives component of accumulated other comprehensive loss for the three and six months ended June 30, 2017 were net losses of $4.0 million less taxes of $0.8 million and net losses of $10.4 million less taxes of $2.4 million, respectively.  The currency translation adjustments are not currently adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.