Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2017

Equity [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

The following tables display the changes in accumulated other comprehensive income (loss) (“AOCI”) by component net of tax for the nine months ended September 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		216.9			(10.2	)		(29.7	)		177.0
Amounts reclassified to earnings		87.4			8.7			0.1			96.2
Net current period other comprehensive income (loss)		304.3			(1.5	)		(29.6	)		273.2
Balance at September 30, 2017	$	(303.6	)	$	(401.5	)	$	(66.5	)	$	(771.6	)

Schedule of Income Tax Allocated to Components of Other Comprehensive Income (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 September 30,					Nine Months Ended September 30,
	2017			2016		2017			2016
Foreign currency translation adjustments	$	1.9		$	—	$	0.8		$	—
Unrecognized pension and postretirement costs		1.5			1.2		4.2			3.5
Derivative financial instruments		(1.1	)		3.3		(7.7	)		(28.6	)
Income tax provision (benefit) related to OCI	$	2.3		$	4.5	$	(2.7	)	$	(25.1	)