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Accumulated Other Comprehensive (Loss) Income | 3 Months Ended
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Mar. 31, 2021
Equity [Abstract] |
Accumulated Other Comprehensive (Loss) Income |
9. | Accumulated Other Comprehensive (Loss) Income
Total accumulated other comprehensive (loss) income consists of net income and other changes in business equity from transactions and other events from sources other than shareholders. It includes currency translation gains and losses, unrealized gains and losses from derivative instruments designated as cash flow hedges, and defined benefit plan adjustments. The after-tax components of and changes in accumulated other comprehensive (loss) income for the three months ended March 31, 2021 and 2020 were as follows:
(In millions) |  | Foreign Currency Adjustments |  |  | Derivative Hedging Gain (Loss) |  |  | Defined Benefit Plan Adjustments |  |  | Accumulated Other Comprehensive Loss |
Balance at December 31, 2019 |  | $ | (11.5 | ) |  | $ | 5.5 |  |  | $ | (66.6 | ) |  | $ | (72.6 | )
Amounts classified into accumulated other comprehensive (loss) income |  |  | (41.7 | ) |  |  | (7.7 | ) |  |  | (0.8 | ) |  |  | (50.2 | )
Amounts reclassified from accumulated other comprehensive (loss) income |  |  | — |  |  |  | (0.4 | ) |  |  | — |  |  |  | (0.4 | )
Net current-period other comprehensive (loss) income |  |  | (41.7 | ) |  |  | (8.1 | ) |  |  | (0.8 | ) |  |  | (50.6 | )
Balance at March 31, 2020 |  | $ | (53.2 | ) |  | $ | (2.6 | ) |  | $ | (67.4 | ) |  | $ | (123.2 | )
Balance at December 31, 2020 |  | $ | 7.2 |  |  | $ | 4.2 |  |  | $ | (66.5 | ) |  | $ | (55.1 | )
Amounts classified into accumulated other comprehensive (loss) income |  |  | 5.8 |  |  |  | (1.8 | ) |  |  | (0.2 | ) |  |  | 3.8 |
Amounts reclassified from accumulated other comprehensive (loss) income |  |  | — |  |  |  | 0.3 |  |  |  | — |  |  |  | 0.3 |
Net current-period other comprehensive (loss) income |  |  | 5.8 |  |  |  | (1.5 | ) |  |  | (0.2 | ) |  |  | 4.1 |
Balance at March 31, 2021 |  | $ | 13.0 |  |  | $ | 2.7 |  |  | $ | (66.7 | ) |  | $ | (51.0 | )
The reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2021 and 2020 were as follows:
(In millions)
Details about Accumulated Other Comprehensive Loss Components |  | Amount Reclassified from Accumulated Other Comprehensive Loss Three months ended March 31, |  |  | Affected Line Item in the Statement of Comprehensive Income
|  | 2021 |  |  | 2020 |  |  |
Gains (losses) on cash flow hedges |  |  |  |  |  |  |  |  |  |
Foreign exchange contracts |  | $ | (0.8 | ) |  | $ | 0.6 |  |  | Cost of products sold
Commodity contracts |  |  | 0.1 |  |  |  | (0.2 | ) |  | Cost of products sold
Interest rate contracts |  |  | 0.2 |  |  |  | 0.2 |  |  | Interest expense
|  |  | (0.5 | ) |  |  | 0.6 |  |  | Total before tax
|  |  | 0.2 |  |  |  | (0.2 | ) |  | Tax expense
Total reclassifications for the period |  | $ | (0.3 | ) |  | $ | 0.4 |  |  | Net of tax

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI http://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI http://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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