Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2017

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

The following tables display the changes in accumulated other comprehensive loss (“AOCI”) by component net of tax for the three months ended March 31, 2017 (in millions):

	Cumulative Translation Adjustment			Pension and Postretirement Costs			Derivative Financial Instruments			AOCI
Balance at December 31, 2016	$	(607.9	)	$	(400.0	)	$	(36.9	)	$	(1,044.8	)
Other comprehensive (loss) income before reclassifications		49.9			(2.1	)		(10.9	)		36.9
Amounts reclassified to earnings		56.1			2.9			0.2			59.2
Net current period other comprehensive income (loss)		106.0			0.8			(10.7	)		96.1
Balance at March 31, 2017	$	(501.9	)	$	(399.2	)	$	(47.6	)	$	(948.7	)

Schedule of Income Tax Allocated to Components of OCI

The income tax (provision) benefit allocated to the components of OCI are as follows (in millions):

	Three Months Ended March 31,
	2017			2016
Foreign currency translation adjustments	$	(1.8	)	$	—
Unrecognized pension and postretirement costs		(1.3	)		1.1
Derivative financial instruments		4.4			34.9
Income tax (provision) benefit related to OCI	$	1.3		$	36.0