Accumulated Other Comprehensive Loss (“AOCL”). AOCL consisted of the following:



	Year Ended December 31,
(in millions)	2015			2014			2013
Foreign Currency Translation
Balance at beginning of period	$	(54.0	)	$	(15.6	)	$	(5.0	)
Other comprehensive (loss) income:
Foreign currency translation adjustments ⁽¹⁾	(61.4		)	(38.4		)	(13.3		)
Tax benefit ⁽¹⁾	—			—			2.7
Balance at end of period	$	(115.4	)	$	(54.0	)	$	(15.6	)

Interest Rate Swap Agreement
Balance at beginning of period	$	(0.7	)	$	(1.4	)	$	(2.7	)
Other comprehensive income:
Net change from period revaluations:	3.1			3.0			5.2
Tax expense ⁽²⁾	(1.2		)	(1.2		)	(1.5		)
Total other comprehensive income before reclassifications, net of tax	1.9			1.8			3.7
Net amount reclassified to earnings ⁽³⁾	(1.9		)	(1.9		)	(3.2		)
Tax benefit ⁽²⁾	0.7			0.8			0.8
Total amount reclassified from accumulated other comprehensive loss, net of tax	(1.2		)	(1.1		)	(2.4		)
Total other comprehensive income	0.7			0.7			1.3
Balance at end of period	$	—		$	(0.7	)	$	(1.4	)

Pension Benefits
Balance at beginning of period	$	(2.4	)	$	3.2		$	—
Other comprehensive income:
Net change from period revaluations:	0.2			(9.0		)	5.2
Tax (expense) benefit ⁽²⁾	—			3.4			(2.0		)
Total other comprehensive income (loss) before reclassifications, net of tax	0.2			(5.6		)	3.2
Net amount reclassified to earnings	$	1.3		$	—		$	—
Tax benefit⁽²⁾	(0.5		)	—			0.0
Total amount reclassified from accumulated other comprehensive income, net of tax	0.8			—			—
Total other comprehensive income (loss)	1.0			(5.6		)	3.2
Balance at end of period	$	(1.4	)	$	(2.4	)	$	3.2

Foreign Exchange Forward Contracts
Balance at beginning of period	$	1.3		$	—		$	—
Other comprehensive income (loss):
Net change from period revaluations:	14.6			3.4			—
Tax expense ⁽²⁾	(3.8		)	(0.9		)	—
Total other comprehensive income before reclassifications, net of tax	10.8			2.5			—
Net amount reclassified to earnings ⁽⁴⁾	(7.4		)	(1.6		)	—
Tax benefit ⁽²⁾	1.9			0.4			—
Total amount reclassified from accumulated other comprehensive income, net of tax	(5.5		)	(1.2		)	—
Total other comprehensive income	5.3			1.3			—
Balance at end of period	$	6.6		$	1.3		$	—


(1)	In 2015, 2014 and 2013, there were no tax impacts related to foreign currency translation adjustments and no amounts were reclassified to earnings. In 2012, a $2.7 million tax impact was recorded which reversed in 2013.


(2)	These amounts were included in the income tax provision on the accompanying Consolidated Statements of Income.


(3)	This amount was included in interest expense, net on the accompanying Consolidated Statements of Income.


(4)	This amount was included in cost of sales, net on the accompanying Consolidated Statements of Income.