Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 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 six months ended June 30, 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		177.5			(7.1	)		(18.3	)		152.1
Amounts reclassified to earnings		64.4			5.7			(2.4	)		67.7
Net current period other comprehensive income (loss)		241.9			(1.4	)		(20.7	)		219.8
Balance at June 30, 2017	$	(366.0	)	$	(401.4	)	$	(57.6	)	$	(825.0	)

Schedule of Income Tax Allocated to Components of Other Comprehensive Oncome (Loss)

The income tax (provision) benefit allocated to the components of other comprehensive income (loss) (“OCI”) for the periods indicated are as follows (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Foreign currency translation adjustments	$	2.9		$	—		$	1.1		$	—
Unrecognized pension and postretirement costs		(1.4	)		(1.0	)		(2.7	)		(2.3	)
Derivative financial instruments		2.2			(3.0	)		6.6			31.9
Income tax (provision) benefit related to OCI	$	3.7		$	(4.0	)	$	5.0		$	29.6