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ACCUMULATED OTHER COMPREHENSIVE INCOME | 12 Months Ended
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Dec. 31, 2017
Equity [Abstract] |
ACCUMULATED OTHER COMPREHENSIVE INCOME | ACCUMULATED OTHER COMPREHENSIVE INCOME Changes in accumulated other comprehensive income by component, after tax, for the twelve months ended December 31, 2017, are as follows:
| Foreign currency |  | Pension and other postretirement benefit plans |  | Cash flow hedging transactions |  |  | Total
| (In millions)
Balance, December 31, 2016 | $ | (262.0 | ) |  | $ | (265.9 | ) |  | $ | (1.0 | ) |  |  | $ | (528.9 | )
Other comprehensive income before reclassifications | 158.7 |  |  | (4.0 | ) |  | (0.2 | ) |  |  | 154.5 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 12.4 |  |  | — |  |  |  | 12.4 |
Net current-period other comprehensive income | 158.7 |  |  | 8.4 |  |  | (0.2 | ) |  |  | 166.9 |
Amounts reclassified to retained earnings | — |  |  | (50.0 | ) |  | $ | — |  |  |  | (50.0 | )
Balance, December 31, 2017 | $ | (103.3 | ) |  | $ | (307.5 | ) |  | $ | (1.2 | ) |  |  | $ | (412.0 | )
Reclassifications out of accumulated other comprehensive income for the twelve months ended December 31, 2017, are as follows:
Details about accumulated other comprehensive income components |  | Amount reclassified from accumulated other comprehensive income |  | Affected line item in the statement where net income is presented
|  | (In millions)
Amortization of pension and other postretirement plan items: |  |  |  |  |
Prior service cost |  | $ | 0.4 |  |  | (1)
Recognized actuarial loss |  | (16.8 | ) |  | (1)
|  | (16.4 | ) |  | Total before tax
|  | 4.0 |  |  | Tax benefit
|  | $ | (12.4 | ) |  | Net of tax
(1) | These accumulated other comprehensive income components are included in the computation of net periodic pension cost (See Note 10 Benefit Plans for additional details).
Changes in accumulated other comprehensive income related to noncontrolling interests were not material as of December 31, 2017.

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