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Accumulated Other Comprehensive (Loss) Income (Tables)
3 Months Ended
Mar. 31, 2019
After-Tax Components of and Changes in Accumulated Other Comprehensive (Loss) Income The after-tax components of and changes in accumulated other comprehensive (loss) income 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, 2017
 
$
5.8
 
 
$
(2.4
)
 
$
(42.6
)
 
$
(39.2
)
Amounts classified into accumulated other comprehensive (loss) income
 
 
(0.8
)
 
 
3.5
 
 
 
0.2
 
 
 
2.9
 
Amounts reclassified from accumulated other comprehensive (loss) income
 
 
 
 
 
0.3
 
 
 
 
 
 
0.3
 
Net current-period other comprehensive (loss) income
 
 
(0.8
)
 
 
3.8
 
 
 
0.2
 
 
 
3.2
 
Balance at March 31, 2018
 
$
5.0
 
 
$
1.4
 
 
$
(42.4
)
 
$
(36.0
)
Balance at December 31, 2018
 
$
(25.3
)
 
$
4.2
 
 
$
(45.9
)
 
$
(67.0
)
Amounts classified into accumulated other comprehensive (loss) income
 
 
8.8
 
 
 
0.6
 
 
 
 
 
 
9.4
 
Adoption of ASU 2018-02
(b)
 
 
 
 
 
 
 
 
(8.6
 
 
(8.6
)
Amounts reclassified from accumulated other comprehensive (loss) income
 
 
 
 
 
(1.1
)
 
 
 
 
 
(1.1
)
Net current-period other comprehensive (loss) income
 
 
8.8
 
 
 
(0.5
)
 
 
(8.6
)
 
 
(0.3
)
Balance at March 31, 2019
 
$
(16.5
)
 
$
3.7
 
 
$
(54.5
)
 
$
(67.3
)
 
(a)
See Note 12, “Defined Benefit Plans,” for further information on the adjustments related to defined benefit plans.
(b)
See Note 2 for further information on the impact of adopting ASU 2018-02.
Reclassifications Out of Accumulated Other Comprehensive (Loss) Income
The reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2019 and 2018 were as follows:
 
 
 
(In millions)
Details about Accumulated Other
 
Amount Reclassified from

Accumulated Other Comprehensive Loss

Three Months Ended March 31,
 
 
Affected Line Item in

the Statement of
 
Comprehensive Loss Components
 
2019
 
 
2018
 
 
Comprehensive Income
 
 
Gains (losses) on cash flow hedges
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
1.2
 
 
$
(0.5
)
 
Cost of products sold
 
Commodity contracts
 
 
0.1
 
 
 
 
 
Cost of products sold
 
Interest rate contracts
 
 
0.1
 
 
 
 
 
Other income, net
 
 
 
 
1.4
 
 
 
(0.5
)
 
Total before tax
 
 
 
 
(0.3
)
 
 
0.2
 
 
Tax expense
 
Total reclassifications for the period
 
$
1.1
 
 
$
(0.3
)
 
Net of tax