Components of Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2019



Components of AOCL:	March 31, 2019			December 31, 2018
Defined benefit plan liabilities	$	(106.7	)	$	(107.3	)
Unrealized loss on financial instruments	2.4			2.5
Other comprehensive loss before income tax effect	(104.3		)	(104.8		)
Income tax effect ⁽¹⁾	4.6			6.1
Accumulated other comprehensive loss	$	(99.7	)	$	(98.7	)

⁽¹⁾ The allocation of the income tax effect to the components of other comprehensive loss is as follows:



	March 31, 2019			December 31, 2018
Defined benefit plan liabilities	$	5.1		$	6.6
Unrealized loss on financial instruments	(0.5		)	(0.5		)

The following table summarizes the changes in the accumulated balances for each component of AOCL:



	Defined benefit plan and other postretirement liabilities			Unrealized gain (loss) on financial instruments		Total, net of tax
Balance, December 31, 2018	$	(100.7	)	$	2.0	$	(98.7	)
Impact of ASU 2018-02*	$	(1.3	)	$	—	$	(1.3	)
Net amount reclassified to net income (loss)	0.3			0.0		0.3
Balance, March 31, 2019	$	(101.7	)	$	2.0	$	(99.7	)

Balance, January 1, 2018	$	(93.8	)	$	2.1	$	(91.7	)
Net amount reclassified to net income (loss)	0.4			0.0		0.4
Balance, March 31, 2018	$	(93.4	)	$	2.1	$	(91.3	)

*ASU 2018-02. See Note 8. Income Taxes for further information regarding our adoption of ASU 2018-02.

Reclassifications out of AOCL were included in the consolidated statements of operations as follows:



		Three months ended March 31,
AOCL Components	Location	2019			2018
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	0.6		$	0.7
	Selling, general and administrative expenses	(0.4		)	(0.4		)
	Other operating expense, net	0.4			0.5
	Income tax effect	(0.3		)	(0.4		)
	Net of tax	$	0.3		$	0.4

Unrealized loss on financial instruments	Cost of goods sold	$	0.0		$	0.0
	Income tax effect	0.0			0.0
	Net of tax	$	0.0		$	0.0