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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)

The following tables provide the components of other comprehensive income (loss), including the amounts reclassified from accumulated other comprehensive income (loss) into earnings:
 
Amounts Arising During the Current Period
 
Amounts Reclassified to Net Income (Loss)
 
 
(In millions)
Pretax
 
Income Tax
 
Pretax
 
Income Tax
 
Total Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts attributable to Brink's:
 
 
 
 
 
 
 
 
 
Benefit plan adjustments
$
(31.4
)
 
8.6

 
65.0

 
(13.3
)
 
28.9

Foreign currency translation adjustments(b)
(151.6
)
 
—

 
107.2

 
(0.3
)
 
(44.7
)
Gains (losses) on cash flow hedges
0.3

 
—

 
(0.2
)
 
—

 
0.1

 
(182.7
)
 
8.6

 
172.0

 
(13.6
)
 
(15.7
)
 
 
 
 
 
 
 
 
 
 
Amounts attributable to noncontrolling interests:
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
(0.8
)
 
—

 
—

 
—

 
(0.8
)
 
(0.8
)
 
—

 
—

 
—

 
(0.8
)
 
 
 
 
 
 
 
 
 
 
Total
 
 
 
 
 
 
 
 
 
Benefit plan adjustments(a)
(31.4
)
 
8.6

 
65.0

 
(13.3
)
 
28.9

Foreign currency translation adjustments(b)
(152.4
)
 
—

 
107.2

 
(0.3
)
 
(45.5
)
Gains (losses) on cash flow hedges(d)
0.3

 
—

 
(0.2
)
 
—

 
0.1

 
$
(183.5
)
 
8.6

 
172.0

 
(13.6
)
 
(16.5
)
 
 
 
 
 
 
 
 
 
 
2017
 

 
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
 
 
Amounts attributable to Brink's:
 

 
 

 
 

 
 

 
 

Benefit plan adjustments
$
(99.3
)
 
21.2

 
54.9

 
(18.2
)
 
(41.4
)
Foreign currency translation adjustments
22.7

 
(1.0
)
 
—

 
—

 
21.7

Unrealized gains (losses) on available-for-sale securities
1.7

 
(0.6
)
 
(1.5
)
 
0.5

 
0.1

Gains (losses) on cash flow hedges
(0.1
)
 
(0.1
)
 
0.2

 
—

 
—

 
(75.0
)
 
19.5

 
53.6

 
(17.7
)
 
(19.6
)
 
 
 
 
 
 
 
 
 
 
Amounts attributable to noncontrolling interests:
 
 
 
 
 
 
 
 
 
Benefit plan adjustments
(0.8
)
 
—

 
0.7

 
—

 
(0.1
)
Foreign currency translation adjustments
0.9

 
—

 
—

 
—

 
0.9

 
0.1

 
—

 
0.7

 
—

 
0.8

 
 
 
 
 
 
 
 
 
 
Total
 
 
 
 
 
 
 
 
 
Benefit plan adjustments(a)
(100.1
)
 
21.2

 
55.6

 
(18.2
)
 
(41.5
)
Foreign currency translation adjustments(b)
23.6

 
(1.0
)
 
—

 
—

 
22.6

Unrealized gains (losses) on available-for-sale securities(c)
1.7

 
(0.6
)
 
(1.5
)
 
0.5

 
0.1

Gains (losses) on cash flow hedges(d)
(0.1
)
 
(0.1
)
 
0.2

 
—

 
—

 
$
(74.9
)
 
19.5

 
54.3

 
(17.7
)
 
(18.8
)
 
Amounts Arising During the Current Period
 
Amounts Reclassified to Net Income (Loss)
 
 
(In millions)
Pretax
 
Income Tax
 
Pretax
 
Income Tax
 
Total Other Comprehensive Income (Loss)
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts attributable to Brink's:
 
 
 
 
 
 
 
 
 
Benefit plan adjustments
$
(39.5
)
 
16.7

 
51.3

 
(17.6
)
 
10.9

Foreign currency translation adjustments
(26.6
)
 
0.2

 
(0.1
)
 
—

 
(26.5
)
Unrealized gains (losses) on available-for-sale securities
0.4

 
(0.2
)
 
(0.5
)
 
0.2

 
(0.1
)
Gains (losses) on cash flow hedges
(1.2
)
 
—

 
2.0

 
(0.2
)
 
0.6

 
(66.9
)
 
16.7

 
52.7

 
(17.6
)
 
(15.1
)
 
 
 
 
 
 
 
 
 
 
Amounts attributable to noncontrolling interests:
 

 
 

 
 

 
 

 
 

Benefit plan adjustments
(1.5
)
 
—

 
0.4

 
—

 
(1.1
)
Foreign currency translation adjustments
0.4

 
—

 
—

 
—

 
0.4

 
(1.1
)
 
—

 
0.4

 
—

 
(0.7
)
 
 
 
 
 
 
 
 
 
 
Total
 

 
 

 
 

 
 

 
 

Benefit plan adjustments(a)
(41.0
)
 
16.7

 
51.7

 
(17.6
)
 
9.8

Foreign currency translation adjustments(b)
(26.2
)
 
0.2

 
(0.1
)
 
—

 
(26.1
)
Unrealized gains (losses) on available-for-sale securities(c)
0.4

 
(0.2
)
 
(0.5
)
 
0.2

 
(0.1
)
Gains (losses) on cash flow hedges(d)
(1.2
)
 
—

 
2.0

 
(0.2
)
 
0.6

 
$
(68.0
)
 
16.7

 
53.1

 
(17.6
)
 
(15.8
)
 
(a)
The amortization of actuarial losses and prior service cost is part of total net periodic retirement benefit cost when reclassified to net income (loss).  Net periodic retirement benefit cost also includes service cost, interest cost, expected returns on assets, and settlement costs. Total service cost is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis and the remaining net periodic retirement benefit cost items are allocated to interest and other nonoperating income (expense):

 
December 31,
(In millions)
2018
 
2017
 
2016
 
 
 
 
 
 
Total net periodic retirement benefit cost included in:
 
 
 
 
 
Cost of revenues
$
8.4

 
9.0

 
8.9

Selling, general and administrative expenses
2.3

 
2.4

 
1.6

Interest and other nonoperating income (expense)
39.7

 
47.8

 
40.3


(b)
2018 foreign currency translation adjustment amounts reclassified to net income are due to the deconsolidation of Venezuela (see Note 1). 2018 foreign currency translation adjustment amounts arising during the current period reflect primarily the devaluation of the Argentine peso (prior to the July 1, 2018 highly inflationary designation) and Brazilian real.
(c)
Prior to adoption of ASU 2016-01 (see Note 1) in the first quarter of 2018, gains and losses on sales of available-for-sale securities were reclassified from accumulated other comprehensive loss to the consolidated statements of operations when the gains or losses were realized.  Pretax amounts were classified in the consolidated statements of operations as interest and other nonoperating income (expense).
(d)
Pretax gains and losses on cash flow hedges are classified in the consolidated statements of operations as
•
other operating income (expense) (no gains or losses in 2018, $0.1 million losses in 2017 and $1.3 million losses in 2016)
•
interest and other nonoperating income (expense) (no gains or losses in 2018, $0.1 million losses in 2017 and $0.3 million losses in 2016.)

The changes in accumulated other comprehensive loss attributable to Brink’s are as follows:
(In millions)
Benefit Plan Adjustments
 
Foreign Currency Translation Adjustments
 
Unrealized Gains (Losses) on Available-for-Sale Securities
 
Gains (Losses) on Cash Flow Hedges
 
Total
Balance as of December 31, 2015
$
(570.5
)
 
(322.6
)
 
1.1

 
0.1

 
(891.9
)
Other comprehensive income (loss) before reclassifications
(22.8
)
 
(26.4
)
 
0.2

 
(1.2
)
 
(50.2
)
Amounts reclassified from accumulated other comprehensive loss to net income (loss)
33.7

 
(0.1
)
 
(0.3
)
 
1.8

 
35.1

Other comprehensive income (loss) attributable to Brink's
10.9

 
(26.5
)
 
(0.1
)
 
0.6

 
(15.1
)
Balance as of December 31, 2016
(559.6
)
 
(349.1
)
 
1.0

 
0.7

 
(907.0
)
Other comprehensive income (loss) before reclassifications
(78.1
)
 
21.7

 
1.1

 
(0.2
)
 
(55.5
)
Amounts reclassified from accumulated other comprehensive loss to net income (loss)
36.7

 
—

 
(1.0
)
 
0.2

 
35.9

Other comprehensive income (loss) attributable to Brink's
(41.4
)
 
21.7

 
0.1

 
—

 
(19.6
)
Balance as of December 31, 2017
(601.0
)
 
(327.4
)
 
1.1

 
0.7

 
(926.6
)
Other comprehensive income (loss) before reclassifications
(22.8
)
 
(151.6
)
 
—

 
0.3

 
(174.1
)
Amounts reclassified from accumulated other comprehensive loss to net income (loss)
51.7

 
106.9

 
—

 
(0.2
)
 
158.4

Other comprehensive income (loss) attributable to Brink's
28.9

 
(44.7
)
 
—

 
0.1

 
(15.7
)
Cumulative effect of change in accounting principle(a)
—

 
—

 
(1.1
)
 
—

 
(1.1
)
Acquisitions of noncontrolling interests
—

 
(9.9
)
 
—

 
—

 
(9.9
)
Balance as of December 31, 2018
$
(572.1
)
 
(382.0
)
 
—

 
0.8

 
(953.3
)


(a)
We adopted ASU 2016-01 (see Note 1) effective January 1, 2018 and recognized a cumulative-effect adjustment to retained earnings.