Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2016

Components of and Changes in Accumulated Other Comprehensive Loss, Net of Tax

The components of and changes in accumulated other comprehensive loss, net of tax, were as follows:


(In millions)	Foreign Currency Adjustments			Derivative Hedging Gain (Loss)			Defined Benefit Plan Adjustments^(a)			Accumulated Other Comprehensive Loss
Balance at December 31, 2014	$	31.0		$	(0.6	)	$	(37.1	)	$	(6.7	)
Amounts classified into accumulated other comprehensive loss		(29.0	)		2.6			(3.8	)		(30.2	)
Amounts reclassified from accumulated other comprehensive loss		—			(1.5	)		(0.7	)		(2.2	)

Net current-period other comprehensive loss		(29.0	)		1.1			(4.5	)		(32.4	)

Balance at September 30, 2015	$	2.0		$	0.5		$	(41.6	)	$	(39.1	)


Balance at December 31, 2015	$	(13.3	)	$	2.1		$	(41.3	)	$	(52.5	)
Amounts classified into accumulated other comprehensive loss		0.9			(7.3	)		9.0			2.6
Amounts reclassified from accumulated other comprehensive loss		—			2.8			(5.1	)		(2.3	)

Net current-period other comprehensive loss		0.9			(4.5	)		3.9			0.3

Balance at September 30, 2016	$	(12.4	)	$	(2.4	)	$	(37.4	)	$	(52.2	)

^(a)

See Note 11, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans.

Reclassifications Out of Accumulated Other Comprehensive Loss

The reclassifications out of accumulated other comprehensive loss for the nine and three months ended September 30, 2016 and 2015 were as follows:


(In millions)
Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss Nine Months Ended September 30,						Affected Line Item in the Statement of Comprehensive Income
	2016			2015
Cumulative translation adjustments	$	—		$	—

(Losses) gains on cash flow hedges
Foreign exchange contracts	$	(2.5	)	$	3.3			Cost of products sold
Commodity contracts		(0.1	)		(0.3	)		Cost of products sold

		(2.6	)		3.0			Total before tax
		(0.2	)		(1.5	)		Tax expense

	$	(2.8	)	$	1.5			(Loss) gain net of tax
Defined benefit plan items
Recognition of prior service credits	$	10.0		$	10.2			^(a)
Recognition of actuarial losses		(1.9	)		(2.8	)		^(a)
Recognition of prior service costs in discontinued operations		—			(0.2	)		^(b)
Recognition of actuarial losses in discontinued operations		—			(6.1	)		^(b)

		8.1			1.1			Total before tax
		(3.0	)		(0.4	)		Tax expense

	$	5.1		$	0.7			Gains net of tax

Total reclassifications for the period	$	2.3		$	2.2			Gains net of tax


(In millions)
Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss Three Months Ended September 30,						Affected Line Item in the Statement of Comprehensive Income
	2016			2015
Cumulative translation adjustments	$	—		$	—

Gains (losses) on cash flow hedges
Foreign exchange contracts	$	(1.3	)	$	1.2			Cost of products sold
Commodity contracts		0.1			(0.2	)		Cost of products sold

		(1.2	)		1.0			Total before tax
		—			(0.5	)		Tax expense

	$	(1.2	)	$	0.5			(Loss) gain net of tax
Defined benefit plan items
Recognition of prior service credits	$	3.8		$	3.2			^(a)
Recognition of actuarial losses		(1.0	)		(2.8	)		^(a)
Recognition of prior service costs in discontinued operations		—			(0.2	)		^(b)

Recognition of actuarial losses in discontinued operations		—			(6.1	)		^(b)

		2.8			(5.9	)		Total before tax

		(1.0	)		2.3			Tax expense

	$	1.8		$	(3.6	)		Gain (loss) net of tax

Total reclassifications for the period	$	0.6		$	(3.1	)		Gain (loss) net of tax

^(a)

These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. Refer to Note 11, “Defined Benefit Plans,” for additional information.

^(b)

These accumulated other comprehensive loss components are included in discontinued operations.