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Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
The following tables display the changes in Accumulated Other Comprehensive Loss (“AOCL”) by component net of tax for the six months ended June 30, 2019 (in millions):
 
Cumulative
Translation
Adjustment
 
Pension and 
Postretirement
Costs
 
Derivative
Financial
Instruments
 
AOCL
Balance at December 31, 2018
$
(492.6
)
 
$
(398.1
)
 
$
(22.1
)
 
$
(912.8
)
Other comprehensive loss income before reclassifications
17.1

 
(26.9
)
 
(3.3
)
 
(13.1
)
Amounts reclassified to earnings
5.4

 
3.2

 
(4.0
)
 
4.6

Net current period other comprehensive loss
22.5

 
(23.7
)
 
(7.3
)
 
(8.5
)
Balance at June 30, 2019
$
(470.1
)
 
$
(421.8
)
 
$
(29.4
)
 
$
(921.3
)
 
 
 
 
 
 
 
 


For the three and six months ended June 30, 2019 and 2018, reclassifications from AOCL to the results of operations for the Company’s pension and postretirement benefit plans were a pre-tax expense of $2.2 million and $3.4 million, respectively, and $4.2 million and $6.9 million, respectively, and primarily represent the amortization of net actuarial losses (see Footnote 11). These costs are recorded in other expense (income), net. For the three and six months ended June 30, 2019 and 2018, reclassifications from AOCL to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were pre-tax (income) expense of $(1.0) million and $6.2 million, respectively, and $(5.2) million and $19.3 million, respectively (see Footnote 10). The amounts reclassified to earnings from cumulative translation adjustment is due to divestitures (see Footnote 2).

The income tax (expense) benefit allocated to the components of AOCL for the periods indicated are as follows (in millions):
 
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
Foreign currency translation adjustments
$
0.1

 
$
(8.4
)
 
$
(0.1
)
 
$
(0.5
)
Unrecognized pension and postretirement costs
3.7

 
4.0

 
7.5

 
8.0

Derivative financial instruments
(0.1
)
 
(9.8
)
 
2.2

 
(10.0
)
Income tax (provision) benefit related to OCI
$
3.7

 
$
(14.2
)
 
$
9.6

 
$
(2.5
)