Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2017

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

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, 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 income (loss)		0.9			(4.5	)		3.9			0.3

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

Balance at December 31, 2016	$	(28.0	)	$	(0.6	)	$	(43.3	)	$	(71.9	)
Amounts classified into accumulated other comprehensive loss		47.0			0.6			3.5			51.1
Amounts reclassified from accumulated other comprehensive loss		—			(0.6	)		(4.1	)		(4.7	)

Net current-period other comprehensive income (loss)		47.0			—			(0.6	)		46.4

Balance at September 30, 2017	$	19.0		$	(0.6	)	$	(43.9	)	$	(25.5	)

Reclassifications Out of Accumulated Other Comprehensive Loss

The reclassifications out of accumulated other comprehensive loss for the nine and three months ended September 30, 2017 and 2016 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
	2017			2016
(Losses) gains on cash flow hedges
Foreign exchange contracts	$	0.5		$	(2.5	)		Cost of products sold
Commodity contracts		0.4			(0.1	)		Cost of products sold

		0.9			(2.6	)		Total before tax
		(0.3	)		(0.2	)		Tax expense

	$	0.6		$	(2.8	)		Net of tax
Defined benefit plan items
Recognition of prior service credits	$	5.1		$	10.0			^(a)
Recognition of actuarial gains (losses)		1.3			(1.9	)		^(a)

		6.4			8.1			Total before tax
		(2.3	)		(3.0	)		Tax expense

	$	4.1		$	5.1			Net of tax

Total reclassifications for the period	$	4.7		$	2.3			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
	2017			2016
Gains (losses) on cash flow hedges
Foreign exchange contracts	$	(0.5	)	$	(1.3	)		Cost of products sold
Commodity contracts		0.4			0.1			Cost of products sold

		(0.1	)		(1.2	)		Total before tax
		0.2			—			Tax expense

	$	0.1		$	(1.2	)		Net of tax
Defined benefit plan items
Recognition of prior service credits	$	—		$	3.8			^(a)
Recognition of actuarial gains (losses)		1.3			(1.0	)		^(a)

		1.3			2.8			Total before tax
		(0.4	)		(1.0	)		Tax expense

	$	0.9		$	1.8			Net of tax

Total reclassifications for the period	$	1.0		$	0.6			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.