OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss were:

	December 31,
In millions	2020		2019
Foreign currency translation loss	$	(260.2)	$	(308.6)
Unrealized gain (loss) on derivative contracts, net of tax of $0.8 and $0	2.4		(3.3)
Unrealized loss on pension and post-retirement benefit plans, net of tax of $27.0 and $24.7	(81.3)		(70.7)
Total accumulated other comprehensive loss	$	(339.1)	$	(382.6)

Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The changes in accumulated other comprehensive loss by component, net of tax, for the year-ended December 31, 2020 are as follows:

In millions	Foreign currency translation		Derivative contracts		Pension and post retirement benefit plans		Total
Balance at December 31, 2019	$	(308.6)	$	(3.3)	$	(70.7)	$	(382.6)
Other comprehensive income before reclassifications	48.4		5.7		(13.5)		40.6
Amounts reclassified from accumulated other comprehensive income	—		—		2.9		2.9
Net current-period other comprehensive income	48.4		5.7		(10.6)		43.5
Balance at December 31, 2020	$	(260.2)	$	2.4	$	(81.3)	$	(339.1)

The changes in accumulated other comprehensive loss by component, net of tax, for the year-ended December 31, 2019 are as follows:

In millions	Foreign currency translation		Derivative contracts		Pension and post retirement benefit plans		Total
Balance at December 31, 2018	$	(202.2)	$	(0.1)	$	(54.3)	$	(256.6)
Other comprehensive income before reclassifications	(106.4)		(3.2)		(18.5)		(128.1)
Amounts reclassified from accumulated other comprehensive income	—		—		2.1		2.1
Net current-period other comprehensive income	(106.4)		(3.2)		(16.4)		(126.0)
Balance at December 31, 2019	$	(308.6)	$	(3.3)	$	(70.7)	$	(382.6)

Reclassifications Out of Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive loss for the year-ended December 31, 2020 are as follows:

In millions	Amount reclassified from accumulated other comprehensive income		Affected line item in the Condensed Consolidated Statements of Operations
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(1.5)	Other income (expense), net
Amortization of net loss (gain)	5.4		Other income (expense), net
	3.9		Other income (expense), net
	(1.0)		Income tax expense
	$	2.9	Net income

Reclassifications out of accumulated other comprehensive loss for the year-ended December 31, 2019 are as follows: 

In millions	Amount reclassified from accumulated other comprehensive income		Affected line item in the Condensed Consolidated Statements of Operations
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(1.5)	Other income (expense), net
Amortization of net loss (gain)	4.4		Other income (expense), net
	2.9		Other income (expense), net
	(0.8)		Income tax expense
	$	2.1	Net income