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Other Comprehensive Income
12 Months Ended
Dec. 31, 2016
Other Comprehensive Income

14. Other Comprehensive Income

The changes in accumulated other comprehensive income (loss) by component are as follows:

 

     Derivative
Instruments
Designated as
Cash Flow Hedges
    Foreign Currency
Translation
Adjustments
    Benefit
Plans(C)
    Total  
(dollars in millions)                         

Balance at December 31, 2013

   $ —        $ 47.3      $ (68.2   $ (20.9

Other comprehensive income (loss) before reclassifications

     2.5        (50.4     (39.9     (87.8

Tax (provision) benefit (A)

     (2.0     —          14.9        12.9   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications, net of taxes

     0.5        (50.4     (25.0     (74.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications

     0.6 (B)      —          10.1        10.7   

Tax provision (benefit)

     (0.2     —          (3.5     (3.7
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

     0.4        —          6.6        7.0   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     0.9        (50.4     (18.4     (67.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2014

   $ 0.9      $ (3.1   $ (86.6   $ (88.8
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

   $ (2.6   $ (91.1   $ (40.9   $ (134.6

Tax (provision) benefit (A)

     0.7        —          14.6        15.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications, net of taxes

     (1.9     (91.1     (26.3     (119.3
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications

     (11.1 )(B)      —          12.1        1.0   

Tax provision (benefit)

     3.4        —          (4.3     (0.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

     (7.7     —          7.8        0.1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     (9.6     (91.1     (18.5     (119.2
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2015

   $ (8.7   $ (94.2   $ (105.1   $ (208.0
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications

   $ (13.3   $ (21.8   $ (16.4   $ (51.5

Tax (provision) benefit (A)

     2.7        —          5.1        7.8   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) before reclassifications, net of taxes

     (10.6     (21.8     (11.3     (43.7
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications

     9.8 (B)      —          10.6        20.4   

Tax provision (benefit)

     (0.4     —          (3.8     (4.2
  

 

 

   

 

 

   

 

 

   

 

 

 

Reclassifications, net of tax

     9.4        —          6.8        16.2   
  

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss)

     (1.2     (21.8     (4.5     (27.5
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2016

   $ (9.9   $ (116.0   $ (109.6   $ (235.5
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(A)

Income taxes are not provided for foreign currency translation adjustments.

(B)

See Note 6 of the notes to consolidated financial statements.

(C)

These components are included in the computation of net periodic pension cost. See Note 12 of the notes to consolidated financial statements.