ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2020

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The tables below present the changes in AOCI by component and the reclassifications out of AOCI for the three and nine months ended September 30, 2020 and 2019:


Three Months Ended September 30, 2020	Foreign Currency Translation Adjustments		Net Investment Hedges		Pension and Postretirement Benefits		Total
Balance at June 30, 2020	$	(1,053.1)	$	(4.3)	$	(88.4)	$	(1,145.8)
Other comprehensive (loss) income other than reclassifications	(25.5)		—		2.4		(23.1)
Reclassifications into earnings:
Amortization of net actuarial loss and prior service cost, net of tax of $0.2(1)	—		—		2.0		2.0
Total reclassifications into earnings	—		—		2.0		2.0
Balance at September 30, 2020	$	(1,078.6)	$	(4.3)	$	(84.0)	$	(1,166.9)


Three Months Ended September 30, 2019	Foreign Currency Translation Adjustments		Cash Flow Hedges		Net Investment Hedges		Pension and Postretirement Benefits		Investment in New Avon (2)		Total
Balance at June 30, 2019	$	(935.2)	$	(2.1)	$	(4.3)	$	(90.7)	$	3.4	$	(1,034.4)
Other comprehensive loss other than reclassifications	(19.1)		(.1)		—		—		—		(19.2)
Reclassifications into earnings:
Derivative loss on cash flow hedges, net of tax of $0.0	—		.2		—		—		—		.2
Amortization of net actuarial loss and prior service cost, net of tax of $0.21)	—		—		—		1.6		—		1.6
Sale of New Avon	—		—		—		—		(3.4)		(3.4)
Total reclassifications into earnings	—		.2		—		1.6		(3.4)		(1.6)
Balance as September 30, 2019	$	(954.3)	$	(2.0)	$	(4.3)	$	(89.1)	$	—	$	(1,049.7)


Nine Months Ended September 30, 2020	Foreign Currency Translation Adjustments		Cash Flow Hedges		Net Investment Hedges		Pension and Postretirement Benefits		Total
Balance at December 31, 2019	$	(942.7)	$	(.6)	$	(4.3)	$	(92.4)	$	(1,040.0)
Other comprehensive (loss) income other than reclassifications	(135.9)		—		—		2.4		(133.5)
Reclassifications into earnings:
Derivative losses on cash flow hedges, net of tax of $0.0	—		.6		—		—		.6
Amortization of net actuarial loss and prior service cost, net of tax of $0.6(1)	—		—		—		6.0		6.0
Total reclassifications into earnings	—		.6		—		6.0		6.6
Balance at September 30, 2020	$	(1,078.6)	$	—	$	(4.3)	$	(84.0)	$	(1,166.9)


Nine Months Ended September 30, 2019	Foreign Currency Translation Adjustments		Cash Flow Hedges		Net Investment Hedges		Pension and Postretirement Benefits		Investment in New Avon (2)		Total
Balance at December 31, 2018	$	(936.2)	$	.5	$	(4.3)	$	(93.8)	$	3.4	$	(1,030.4)
Other comprehensive (loss) other than reclassifications	(18.1)		(3.6)		—		—		—		(21.7)
Reclassifications into earnings:
Derivative loss on cash flow hedges, net of tax of $0.0	—		1.1		—		—		—		1.1
Amortization of net actuarial loss and prior service cost, net of tax of $0.51)	—		—		—		4.7		—		4.7
Sale of New Avon	—		—		—		—		(3.4)		(3.4)
Total reclassifications into earnings	—		1.1		—		4.7		(3.4)		2.4
Balance as September 30, 2019	$	(954.3)	$	(2.0)	$	(4.3)	$	(89.1)	$	—	$	(1,049.7)

For further details on Other Comprehensive loss other than reclassifications see the Consolidated Statement of Comprehensive Loss.

(1) Gross amount reclassified to other income (expense), net in our Consolidated Statements of Operations, and related taxes reclassified to income taxes in our Consolidated Statements of Operations.

(2) In April 2019, Avon and Cerberus signed an agreement with LG Household & Health Care Ltd. for the sale of New Avon, including our 19.9% ownership interest. In April 2019, Avon and Cerberus signed an agreement with LG Household & Health Care Ltd. for the sale of New Avon, including our 19.9% ownership interest. This transaction closed on August 14, 2019 and the related balance was reclassified into earnings.

Foreign exchange net gain of $5.6 and net loss of $5.1 for the three months ended September 30, 2020 and 2019, respectively, and foreign exchange net gain of $1.7 and net loss of $5.8 for the nine months ended September 30, 2020 and 2019, respectively, resulting from the translation of actuarial losses and prior service cost recorded in AOCI, are included in foreign currency translation adjustments in our Consolidated Statements of Comprehensive Loss.