Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2018

Components of Accumulated Other Comprehensive Loss

The following tables display the changes in AOCL by component net of tax for the nine months ended September 30, 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 (loss) income before reclassifications		(212.8	)		(43.6	)		6.0			(250.4	)
Amounts reclassified to earnings		16.8			7.8			14.4			39.0

Net current period other comprehensive income (loss)		(196.0	)		(35.8	)		20.4			(211.4	)
Reclassification to retained earnings (1)		—			(54.5	)		(8.1	)		(62.6	)

Balance at September 30, 2018	$	(514.8	)	$	(475.8	)	$	(46.5	)	$	(1,037.1	)

(1)	Reclassification is due to the adoption of ASU 2018-02 (see Footnote 1).

Schedule of Income Tax (Provision) Benefit Allocated to Components of OCI

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,
	2018			2017			2018			2017
Foreign currency translation adjustments	$	(0.1	)	$	1.9		$	(0.6	)	$	0.8
Unrecognized pension and postretirement costs		3.9			1.5			11.9			4.2
Derivative financial instruments		(3.8	)		(1.1	)		(13.8	)		(7.7	)

Income tax (provision) benefit related to OCI	$	—		$	2.3		$	(2.5	)	$	(2.7	)