Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020 and March 31, 2019 are as follows (in millions):


	Defined Benefit Plans			Foreign Currency Translation Adjustments		Unrecognized Gain (Loss) on Cash Flow Hedges			Total
Balance at December 31, 2019	$	(259.9)		$	(101.2)	$	(15.7)		$	(376.8)

Other comprehensive income (loss) before reclassifications	—			(48.5)		(34.0)			(82.5)

Income tax effect of other comprehensive income (loss) before reclassifications	—			—		1.9			1.9

Amounts reclassified from accumulated other comprehensive loss	2.0		(a)	—		(3.0)		(b)	(1.0)

Income taxes reclassified into net income	(0.4)			—		0.4			—

Net change in accumulated other comprehensive loss	1.6			(48.5)		(34.7)			(81.6)

Balance at March 31, 2020	$	(258.3)		$	(149.7)	$	(50.4)		$	(458.4)


	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 income (loss) before reclassifications	(27.9)		(c)	(2.5)		(2.6)			(33.0)

Income tax effect of other comprehensive income (loss) before reclassifications	—			—		1.2			1.2

Amounts reclassified from accumulated other comprehensive income (loss)	1.2		(a)	—		(1.4)		(b)	(0.2)

Income taxes reclassified into net income	(0.3)			—		0.3			—

Net change in accumulated other comprehensive income (loss)	(27.0)			(2.5)		(2.5)			(32.0)

Balance at March 31, 2019	$	(240.9)		$	(99.1)	$	(3.6)		$	(343.6)


(a)			These amounts were reclassified from AOCI to Other income (expense), net for the three months ended March 31, 2020 and March 31, 2019.

(b)			The amounts reclassified from AOCI included $(1.3) million in COGS, $2.0 million in interest expense and $(3.7) million in Other income (expense), net for the three months ended March 31, 2020 and $(0.2) million in COGS and $(1.2) million in interest expense for the three months ended March 31, 2019.

(c)			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.