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Stockholders’ Equity
 12 Months Ended
Dec. 31, 2019
Federal Home Loan Banks [Abstract]  
Stockholders’ Equity Stockholders’ Equity
The following tables display the components of accumulated other comprehensive income (loss) (“AOCL”) as of and for the years ended December 31, 2019 and 2018 (in millions):
 
Cumulative
Translation
Adjustment
 
Pension and
Postretirement
Costs
 
Derivative
Financial
Instruments
 
AOCL
Balance at December 31, 2017
$
(318.8
)
 
$
(385.5
)
 
$
(58.8
)
 
$
(763.1
)
Other comprehensive income (loss) before reclassifications
(203.0
)
 
29.1

 
14.6

 
(159.3
)
Amounts reclassified to earnings
29.2

 
12.8

 
30.2

 
72.2

Net current period other comprehensive income (loss)
(173.8
)
 
41.9

 
44.8

 
(87.1
)
Reclassification to retained earnings (1)
—

 
(54.5
)
 
(8.1
)
 
(62.6
)
Balance at December 31, 2018
$
(492.6
)
 
$
(398.1
)
 
$
(22.1
)
 
$
(912.8
)
Other comprehensive income (loss) before reclassifications
4.4

 
(8.0
)
 
(14.1
)
 
(17.7
)
Amounts reclassified to earnings
9.7

 
7.1

 
(6.2
)
 
10.6

Net current period other comprehensive income (loss)
14.1

 
(0.9
)
 
(20.3
)
 
(7.1
)
Balance at December 31, 2019
$
(478.5
)
 
$
(399.0
)
 
$
(42.4
)
 
$
(919.9
)
(1)
Reclassification is due to the adoption of ASU 2018-2.
For 2019, 2018 and 2017 reclassifications from AOCL to the results of operations for the Company’s pension and postretirement benefit plans were a pre-tax expense of $8.7 million, $16.3 million and $14.6 million, respectively, and primarily represent the amortization of net actuarial losses and plan settlements (see Footnote 13). These costs are recorded in selling, general and administrative expenses and cost of sales. For 2019, 2018 and 2017, reclassifications from AOCL to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were pre-tax (gains) losses of ($7.0) million, $42.7 million and $8.3 million, respectively (see Footnote 11). The amounts reclassified to earnings from the cumulative translation adjustment are due to divestitures (see Footnote 3).
The income tax provision (benefit) allocated to the components of OCI for the years ended December 31, are as follows (in millions):
 
2019
 
2018
 
2017
Foreign currency translation adjustments
$
0.2

 
$
3.7

 
$
0.5

Unrecognized pension and postretirement costs
(0.2
)
 
11.3

 
12.3

Derivative financial instruments
(2.8
)
 
18.6

 
(8.7
)
Income tax related to AOCL
$
(2.8
)
 
$
33.6

 
$
4.1