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Other Comprehensive Income Other Comprehensive Income | 9 Months Ended
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Sep. 30, 2018
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Comprehensive Income (Loss) Note [Text Block] | NOTE 16 - OTHER COMPREHENSIVE INCOME Other comprehensive income activity, net of tax, is provided in the following table for the quarter and nine months ended September 30, 2018:
|  |  |  | Pension Adjustments |  |  |  |  |  |
Dollar amounts in millions |  | Foreign currency translation adjustments |  | Actuarial losses |  | Prior service costs |  | Unrealized gain (loss) on investments |  | Other |  | Total
Balance at June 30, 2018 |  | $ | (51.2 | ) |  | $ | (94.3 | ) |  | $ | (4.7 | ) |  | $ | 4.3 |  |  | $ | (1.4 | ) |  | $ | (147.3 | )
Other comprehensive income (loss) before reclassifications |  | (2.0 | ) |  | (0.1 | ) |  | — |  |  | 0.2 |  |  | — |  |  | (1.9 | )
Income taxes |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Net other comprehensive income (loss) before reclassifications |  | (2.0 | ) |  | (0.1 | ) |  | — |  |  | 0.2 |  |  | — |  |  | (1.9 | )
Amounts reclassified from accumulated comprehensive income (loss) |  | — |  |  | 1.5 |  |  | 0.1 |  |  | — |  |  | — |  |  | 1.6 |
Income taxes |  | — |  |  | (0.4 | ) |  | — |  |  | — |  |  | — |  |  | (0.4 | )
Net amounts reclassified from cumulative other comprehensive income (loss) |  | — |  |  | 1.1 |  |  | 0.1 |  |  | — |  |  | — |  |  | 1.2 |
Total other comprehensive income (loss) |  | (2.0 | ) |  | 1.0 |  |  | 0.1 |  |  | 0.2 |  |  | — |  |  | (0.7 | )
Balance at September 30, 2018 |  | $ | (53.2 | ) |  | $ | (93.3 | ) |  | $ | (4.6 | ) |  | $ | 4.5 |  |  | $ | (1.4 | ) |  | $ | (148.0 | )
|  |  |  | Pension Adjustments |  |  |  |  |  |
Dollar amounts in millions |  | Foreign currency translation adjustments |  | Actuarial losses |  | Prior service costs |  | Unrealized gain (loss) on investments |  | Other |  | Total
Balance at December 31, 2017 |  | $ | (39.7 | ) |  | $ | (79.5 | ) |  | $ | (4.9 | ) |  | $ | 3.5 |  |  | $ | (1.5 | ) |  | $ | (122.1 | )
Effect of adoption of ASU 2018-02 |  | — |  |  | (17.4 | ) |  | — |  |  | 0.7 |  |  | — |  |  | (16.7 | )
Other comprehensive income (loss) before reclassifications |  | (13.5 | ) |  | 0.2 |  |  | — |  |  | 0.4 |  |  | — |  |  | (12.9 | )
Income taxes |  | — |  |  | — |  |  | — |  |  | (0.1 | ) |  | — |  |  | (0.1 | )
Net other comprehensive income (loss) before reclassifications |  | (13.5 | ) |  | 0.2 |  |  | — |  |  | 0.3 |  |  | — |  |  | (13.0 | )
Amounts reclassified from accumulated comprehensive income (loss) |  | — |  |  | 4.6 |  |  | 0.4 |  |  | — |  |  | 0.1 |  |  | 5.1 |
Income taxes |  | — |  |  | (1.2 | ) |  | (0.1 | ) |  | — |  |  | — |  |  | (1.3 | )
Net amounts reclassified from cumulative other comprehensive income (loss) |  | — |  |  | 3.4 |  |  | 0.3 |  |  | — |  |  | 0.1 |  |  | 3.8 |
Total other comprehensive income (loss) |  | (13.5 | ) |  | 3.6 |  |  | 0.3 |  |  | 0.3 |  |  | 0.1 |  |  | (9.2 | )
Balance at September 30, 2018 |  | $ | (53.2 | ) |  | $ | (93.3 | ) |  | $ | (4.6 | ) |  | $ | 4.5 |  |  | $ | (1.4 | ) |  | $ | (148.0 | )
Other comprehensive income activity, net of tax, is provided in the following table for the quarter and nine months ended September 30, 2017:
|  |  |  | Pension Adjustments |  |  |  |  |  |
Dollar amounts in millions |  | Foreign currency translation adjustments |  | Actuarial losses |  | Prior service costs |  | Unrealized gain (loss) on investments |  | Other |  | Total
Balance at June 30, 2017 |  | $ | (52.0 | ) |  | $ | (86.4 | ) |  | $ | (4.8 | ) |  | $ | 3.1 |  |  | $ | (0.7 | ) |  | $ | (140.8 | )
Other comprehensive income (loss) before reclassifications |  | 10.4 |  |  | (0.4 | ) |  | — |  |  | 0.7 |  |  | (0.2 | ) |  | 10.5 |
Income taxes |  | — |  |  | — |  |  | — |  |  | (0.3 | ) |  | — |  |  | (0.3 | )
Net other comprehensive income (loss) before reclassifications |  | 10.4 |  |  | (0.4 | ) |  | — |  |  | 0.4 |  |  | (0.2 | ) |  | 10.2 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | — |  |  | 1.4 |  |  | 0.3 |  |  | — |  |  | 0.1 |  |  | 1.8 |
Income taxes |  | — |  |  | (0.5 | ) |  | (0.1 | ) |  | — |  |  | — |  |  | (0.6 | )
Net amounts reclassified from cumulative other comprehensive income (loss) |  | — |  |  | 0.9 |  |  | 0.2 |  |  | — |  |  | 0.1 |  |  | 1.2 |
Total other comprehensive income (loss) |  | 10.4 |  |  | 0.5 |  |  | 0.2 |  |  | 0.4 |  |  | (0.1 | ) |  | 11.4 |
Balance at September 30, 2017 |  | $ | (41.6 | ) |  | $ | (85.9 | ) |  | $ | (4.6 | ) |  | $ | 3.5 |  |  | $ | (0.8 | ) |  | $ | (129.4 | )
|  |  |  | Pension Adjustments |  |  |  |  |  |
Dollar amounts in millions |  | Foreign currency translation adjustments |  | Actuarial losses |  | Prior service costs |  | Unrealized gain (loss) on investments |  | Other |  | Total
Balance at December 31, 2016 |  | $ | (46.3 | ) |  | $ | (87.7 | ) |  | $ | (5.2 | ) |  | $ | 2.7 |  |  | $ | (0.7 | ) |  | $ | (137.2 | )
Other comprehensive income (loss) before reclassifications |  | 4.7 |  |  | (0.8 | ) |  | — |  |  | 1.3 |  |  | (0.2 | ) |  | 5.0 |
Income taxes |  | — |  |  | — |  |  | — |  |  | (0.5 | ) |  | — |  |  | (0.5 | )
Net other comprehensive income (loss) before reclassifications |  | 4.7 |  |  | (0.8 | ) |  | — |  |  | 0.8 |  |  | (0.2 | ) |  | 4.5 |
Amounts reclassified from accumulated other comprehensive income (loss) |  | — |  |  | 4.2 |  |  | 0.9 |  |  | — |  |  | 0.1 |  |  | 5.2 |
Income taxes |  | — |  |  | (1.6 | ) |  | (0.3 | ) |  | — |  |  | — |  |  | (1.9 | )
Net amounts reclassified from cumulative other comprehensive income (loss) |  | — |  |  | 2.6 |  |  | 0.6 |  |  | — |  |  | 0.1 |  |  | 3.3 |
Total other comprehensive income (loss) |  | 4.7 |  |  | 1.8 |  |  | 0.6 |  |  | 0.8 |  |  | (0.1 | ) |  | 7.8 |
Balance at September 30, 2017 |  | $ | (41.6 | ) |  | $ | (85.9 | ) |  | $ | (4.6 | ) |  | $ | 3.5 |  |  | $ | (0.8 | ) |  | $ | (129.4 | )
The amounts reclassified from accumulated other comprehensive income (loss) are included in the computation of net periodic pension cost; see Note 17 for additional details. The net periodic pension cost is included in Cost of sales, Selling, general and administrative expenses and Other non-operating items in the Consolidated Statements of Income. During the first nine months of 2018, the strengthening of the U.S. dollar as compared to the functional currencies of our South American operations resulted in LP recording a loss on foreign currency adjustment in other comprehensive income of $13.5 million. During the first nine months of 2018, the Brazilian real weakened 18% and the Chilean peso weakened 6% as compared to the U.S. dollar.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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- References No definition available. + Details
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