XML 46 R36.htm IDEA: XBRL DOCUMENT v3.19.1
Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2019
Reclassifications out of Accumulated Other Comprehensive Income (Loss) [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
Reclassification adjustments and other activity impacting accumulated other comprehensive income (loss) during the three months ended March 31, 2019 and March 31, 2018 are as follows (in millions):

 
Defined Benefit Plans
 
Foreign Currency Translation Adjustments
 
Unrecognized Gain (Loss) on Cash Flow Hedges
 
Total
Balance at December 31, 2018
$
(213.9
)
 
$
(96.6
)
 
$
(1.1
)
 
$
(311.6
)
 
 
 
 
 
 
 
 
Other comprehensive loss before reclassifications
(27.9
)
(a)
(2.5
)
 
(2.6
)
 
(33.0
)
 
 
 
 
 
 
 
 
Income tax effect of other comprehensive loss before reclassifications
—

 
—

 
1.2

 
1.2

 
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss
1.2

(b)
—

 
(1.4
)
(c)
(0.2
)
 
 
 
 
 
 
 
 
Income taxes reclassified into net income
(0.3
)
 
—

 
0.3

 
—

 
 
 
 
 
 
 
 
Net change in accumulated other comprehensive loss
(27.0
)
 
(2.5
)
 
(2.5
)
 
(32.0
)
 
 
 
 
 
 
 
 
Balance at March 31, 2019
$
(240.9
)
 
$
(99.1
)
 
$
(3.6
)
 
$
(343.6
)

 
Defined Benefit Plans
 
Foreign Currency Translation Adjustments
 
Unrecognized Gain (Loss) on Cash Flow Hedges
 
Total
Balance at December 31, 2017
$
(252.0
)
 
$
(34.1
)
 
$
(6.6
)
 
$
(292.7
)
 
 
 
 
 
 
 
 
Other comprehensive income before reclassifications
—

 
37.9

 
14.6

 
52.5

 
 
 
 
 
 
 
 
Income tax effect of other comprehensive income before reclassifications
—

 
—

 
(1.1
)
 
(1.1
)
 
 
 
 
 
 
 
 
Amounts reclassified from accumulated other comprehensive loss
1.7

(b)
—

 
1.6

(c)
3.3

 
 
 
 
 
 
 
 
Income taxes reclassified into net income
(0.4
)
 
—

 
—

 
(0.4
)
 
 
 
 
 
 
 
 
Net current period other comprehensive income
1.3

 
37.9

 
15.1

 
54.3

 
 
 
 
 
 
 
 
Balance at March 31, 2018
$
(250.7
)
 
$
3.8

 
$
8.5

 
$
(238.4
)
(a)
ASU 2018-02 became effective on January 1, 2019, and we elected to reclassify the stranded tax effects caused by the 2017 Tax Cuts and Jobs Act, resulting in a decrease in Accumulated other comprehensive income (loss) of $27.7 million at January 1, 2019. See Note 1 - Organization and Basis of Presentation for further detail.
 
 
(b)
The amount reclassified from AOCI included $1.2 million in cost of goods sold (COGS) for the three months ended March 31, 2019 and $1.5 million in COGS and $0.3 million in SG&A for the three months ended March 31, 2018.
 
 
(c)
The amounts reclassified from AOCI included $(0.2) million in COGS and $(1.2) million in interest expense for the three months ended March 31, 2019 and $2.0 million in COGS and $(0.4) million in interest expense for the three months ended March 31, 2018.