Accumulated Other Comprehensive Loss (AOCL) (Tables)

12 Months Ended

Dec. 31, 2022


Components of AOCL	2022		2021
Defined benefit plan liabilities	$	(98.0)	$	(86.7)
Unrealized gain (loss) on financial instruments	1.7		1.9
Other comprehensive loss before income tax effect	(96.3)		(84.8)
Income tax effect(1)	2.3		2.5
Accumulated other comprehensive loss	$	(94.0)	$	(82.3)

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


	2022		2021
Defined benefit plan liabilities	$	2.6	$	2.9

Unrealized loss on financial instruments	(0.3)		(0.4)

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, 2019	$	(111.7)	$	1.9	$	(109.8)
Other comprehensive income (loss) before reclassifications	(13.5)		—		(13.5)
Net amount reclassified to net income (loss)	4.6		(0.1)		4.5
Balance, December 31, 2020	(120.6)		1.8		(118.8)
Other comprehensive income (loss) before reclassifications	31.6		—		31.6
Net amount reclassified to net income (loss)	5.0		(0.1)		4.9
Balance, December 31, 2021	(84.0)		1.7		(82.3)
Other comprehensive income (loss) before reclassifications	(5.9)		—		(5.9)
Net amount reclassified to net income (loss)	(5.7)		(0.1)		(5.8)
Balance, December 31, 2022	$	(95.6)	$	1.6	$	(94.0)

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


AOCL Components	Location	2022		2021		2020
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	3.5	$	26.8	$	(4.7)
	Other income, net	(8.9)		—		—
	Selling, general and administrative expenses	3.3		2.9		(2.0)
	Other operating expense (income), net	(9.0)		7.3		(1.1)
	Income tax expense	(0.3)		(0.4)		(1.1)
	Net of tax	$	(11.4)	$	36.6	$	(8.9)

Gain (loss) on financial instruments	Cost of goods sold	$	(0.2)	$	(0.1)	$	(0.2)
	Income tax effect	(0.1)		0.0		0.1
	Net of tax	$	(0.3)	$	(0.1)	$	(0.1)