Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income (Loss)

18. Accumulated Other Comprehensive Income (Loss)

AOCI activity for 2015 is as follows:

(in millions)	Cumulative Translation Adjustment			Derivative Financial Instruments			Accrued Benefit Cost			AOCI
AOCI at December 31, 2014	$	(139.5	)	$	13.4		$	(54.6	)	$	(180.7	)
AOCI activity, net of tax:
OCI excluding reclassifications		(185.7	)		42.9			40.7			(102.1	)
Reclassifications to earnings		—			(39.6	)		(39.7	)		(79.3	)
OCI, net of tax		(185.7	)		3.3			1.0			(181.4	)
AOCI at December 31, 2015	$	(325.2	)	$	16.7		$	(53.6	)	$	(362.1	)

For 2015, 2014 and 2013 reclassifications from AOCI to the results of operations for the Company’s pension and postretirement benefit plans were an expense of $11.9, $9.7 and $7.4, respectively, and primarily represent the amortization of net actuarial losses and plan settlements (see Note 15). For 2015, 2014 and 2013, reclassifications from AOCI to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were income of $32.4, $6.3 and $18.2, respectively (see Note 10).

The income tax (provision) benefit allocated to the components of OCI for 2015, 2014 and 2013 is as follows:

(in millions)	2015			2014			2013
Cumulative translation adjustment	$	(12.3	)	$	(12.5	)	$	—
Derivative financial instruments		0.6			(6.0	)		(2.3	)
Accrued benefit cost		0.7			4.2			(14.5	)
Unrealized gain on investment		—			0.1			—
Income tax (provision) benefit related to OCI	$	(11.0	)	$	(14.2	)	$	(16.8	)