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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income ACCUMULATED OTHER COMPREHENSIVE LOSS
 
 
Unrealized
Currency
Translation
Adjustments
 
Pension Plan
Adjustments
 
Unrealized
Gain on
Securities
 
Unrealized
Gain (Loss) on
Derivatives
 
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2017
 
$
(208.8
)
 
$
(31.4
)
 
$
0.8

 
$
(1.6
)
 
$
(241.0
)
Cumulative effect of an accounting change
 

 

 
(0.8
)
 

 
(0.8
)
Balance at January 1, 2018
 
$
(208.8
)
 
$
(31.4
)
 
$

 
$
(1.6
)
 
$
(241.8
)
Current year deferrals to AOCI
 
(90.6
)
 
(5.8
)
 

 
1.7

 
(94.7
)
Reclassifications from AOCI to Net income
 

 
0.8

 

 
(0.4
)
 
0.4

Net Change
 
$
(90.6
)
 
$
(5.0
)
 
$

 
$
1.3

 
$
(94.3
)
Balance, December 31, 2018
 
$
(299.4
)
 
$
(36.4
)
 
$

 
$
(0.3
)
 
$
(336.1
)

The cumulative income tax benefit related to the adjustments for pension benefits at December 31, 2018 was $14.4 million. The cumulative income tax expense related to the adjustments for unrealized gain on derivatives at December 31, 2018 was $0.5 million.
 
 
Unrealized
Currency
Translation
Adjustments
 
Pension Plan
Adjustments
 
Unrealized
Gain on
Securities
 
Unrealized
Gain (Loss) on
Derivatives
 
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2016
 
$
(292.2
)
 
$
(56.6
)
 
$
0.4

 
$
(2.0
)
 
$
(350.4
)
Current year deferrals to AOCI
 
83.4

 
17.1

 
0.4

 
(1.6
)
 
99.3

Reclassifications from AOCI to Net income
 

 
8.1

 

 
2.0

 
10.1

Net Change
 
$
83.4

 
$
25.2

 
$
0.4

 
$
0.4

 
$
109.4

Balance, December 31, 2017
 
$
(208.8
)
 
$
(31.4
)
 
$
0.8

 
$
(1.6
)
 
$
(241.0
)

Included in the reclassification from AOCI to net income was a pension plan adjustment related to the deconsolidation of our Venezuelan subsidiary and the corresponding write-off of the accumulated actuarial loss on our Venezuela pension plan. This resulted in a decrease of $5.9 million in AOCI, inclusive of $2.6 million of tax benefits, and is discussed further in Note 21.
The cumulative income tax benefit related to the adjustments for pension benefits at December 31, 2017 was $13.0 million. The cumulative income tax benefit related to the adjustments for unrealized gain on derivatives at December 31, 2017 was $0.6 million.
 
 
Unrealized
Currency
Translation
Adjustments
 
Pension Plan
Adjustments
 
Unrealized
Gain on
Securities
 
Unrealized
Gain (Loss) on
Derivatives
 
Accumulated
Other
Comprehensive
Loss
Balance, December 31, 2015
 
$
(232.8
)
 
$
(33.4
)
 
$
0.1

 
$
(3.2
)
 
$
(269.3
)
Current year deferrals to AOCI
 
(59.4
)
 
(22.3
)
 
0.3

 
(2.5
)
 
(83.9
)
Reclassifications from AOCI to Net income
 

 
(0.9
)
 

 
3.7

 
2.8

Net Change
 
$
(59.4
)
 
$
(23.2
)
 
$
0.3

 
$
1.2

 
$
(81.1
)
Balance, December 31, 2016
 
$
(292.2
)
 
$
(56.6
)
 
$
0.4

 
$
(2.0
)
 
$
(350.4
)

The cumulative income tax benefit related to pension plan adjustments at December 31, 2016 was $19.1 million. The cumulative income tax benefit related to the adjustments for unrealized gain on derivatives at December 31, 2016 were $1.1 million.