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Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2021

Statement of Comprehensive Income [Abstract]

Schedule of components of other comprehensive income (loss)

The following tables summarize the activity related to each component of other comprehensive income (loss) during the three months ended June 30, 2021 and 2020:

(Amounts presented net of taxes)			Foreign Currency Translation Gains (Losses)						Unrealized Net Gains (Losses) on Securities						Defined Benefit Pension and Retiree Health Benefit Plans						Effective Portion of Cash Flow Hedges												Accumulated Other Comprehensive Loss
Balance at April 1, 2021			$	(1,677.2)					$	4.5					$	(4,646.3)					$	(76.6)											$	(6,395.6)
Other comprehensive income (loss) before reclassifications			161.0						4.4						(10.2)						(136.8)												18.4
Net amount reclassified from accumulated other comprehensive loss			—						0.2						86.6						3.3												90.1
Net other comprehensive income (loss)			161.0						4.6						76.4						(133.5)												108.5
Balance at June 30, 2021			$	(1,516.2)					$	9.1					$	(4,569.9)					$	(210.1)											$	(6,287.1)

(Amounts presented net of taxes)			Foreign Currency Translation Gains (Losses)						Unrealized Net Gains (Losses) on Securities						Defined Benefit Pension and Retiree Health Benefit Plans						Effective Portion of Cash Flow Hedges												Accumulated Other Comprehensive Loss
Balance at April 1, 2020			$	(1,804.5)					$	5.8					$	(4,530.3)					$	(556.9)											$	(6,885.9)
Other comprehensive income (loss) before reclassifications			82.0						5.8						(6.7)						33.0												114.1
Net amount reclassified from accumulated other comprehensive loss			—						3.5						82.1						3.3												88.9
Net other comprehensive income (loss)			82.0						9.3						75.4						36.3												203.0
Balance at June 30, 2020			$	(1,722.5)					$	15.1					$	(4,454.9)					$	(520.6)											$	(6,682.9)

The following tables summarize the activity related to each component of other comprehensive income (loss) during the six months ended June 30, 2021 and 2020:

(Amounts presented net of taxes)			Foreign Currency Translation Gains (Losses)						Unrealized Net Gains (Losses) on Securities						Defined Benefit Pension and Retiree Health Benefit Plans						Effective Portion of Cash Flow Hedges						Accumulated Other Comprehensive Loss
Balance at January 1, 2021			$	(1,427.5)					$	14.8					$	(4,751.0)					$	(332.7)					$	(6,496.4)
Other comprehensive income (loss) before reclassifications			(88.7)						(6.4)						8.6						116.0						29.5
Net amount reclassified from accumulated other comprehensive loss			—						0.7						172.5						6.6						179.8
Net other comprehensive income (loss)			(88.7)						(5.7)						181.1						122.6						209.3
Balance at June 30, 2021			$	(1,516.2)					$	9.1					$	(4,569.9)					$	(210.1)					$	(6,287.1)

(Amounts presented net of taxes)			Foreign Currency Translation Gains (Losses)						Unrealized Net Gains (Losses) on Securities						Defined Benefit Pension and Retiree Health Benefit Plans						Effective Portion of Cash Flow Hedges						Accumulated Other Comprehensive Loss
Balance at January 1, 2020			$	(1,678.0)					$	4.9					$	(4,638.6)					$	(211.9)					$	(6,523.6)
Other comprehensive income (loss) before reclassifications			(44.5)						6.8						24.2						(315.2)						(328.7)
Net amount reclassified from accumulated other comprehensive loss			—						3.4						159.5						6.5						169.4
Net other comprehensive income (loss)			(44.5)						10.2						183.7						(308.7)						(159.3)
Balance at June 30, 2020			$	(1,722.5)					$	15.1					$	(4,454.9)					$	(520.6)					$	(6,682.9)

The tax effects on the net activity related to each component of other comprehensive income (loss) were as follows:

			Three Months Ended June 30,												Six Months Ended June 30,
Tax benefit (expense)			2021						2020						2021						2020
Foreign currency translation gains/losses			$	(21.9)					$	27.4					$	(53.3)					$	(11.1)
Unrealized net gains/losses on securities			(1.3)						(2.4)						3.1						(2.8)
Defined benefit pension and retiree health benefit plans			(20.2)						(18.9)						(51.5)						(44.6)
Effective portion of cash flow hedges			35.5						(9.7)						(32.6)						82.0
Benefit (provision) for income taxes allocated to other comprehensive income (loss) items			$	(7.9)					$	(3.6)					$	(134.3)					$	23.5

Schedule of reclassifications out of accumulated other comprehensive loss

Reclassifications out of accumulated other comprehensive loss were as follows:

Details about Accumulated Other Comprehensive Loss Components						Three Months Ended June 30,												Six Months Ended June 30,									Affected Line Item in the Consolidated Condensed Statements of Operations
																																	2021						2020						2021						2020
			Amortization of retirement benefit items:
Prior service benefits, net						$	(13.8)					$	(13.8)					$	(27.6)					$	(27.6)		Other–net, (income) expense
Actuarial losses, net						123.4						117.7						246.0						229.5			Other–net, (income) expense
Total before tax						109.6						103.9						218.4						201.9
Tax benefit						(23.0)						(21.8)						(45.9)						(42.4)			Income taxes
Net of tax						86.6						82.1						172.5						159.5
Other, net of tax						3.5						6.8						7.3						9.9			Other–net, (income) expense
Total reclassifications, net of tax						$	90.1					$	88.9					$	179.8					$	169.4

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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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