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Accumulated other comprehensive income (loss) | 6 Months Ended
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Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated other comprehensive income (loss) | Accumulated other comprehensive income (loss) Other comprehensive income (loss), including the amounts reclassified from accumulated other comprehensive loss into earnings, was as follows:
| Amounts Arising During the Current Period |  | Amounts Reclassified to Net Income (Loss) |  |
(In millions) | Pretax |  | Income Tax |  | Pretax |  | Income Tax |  | Total Other Comprehensive Income (Loss)
Three months ended June 30, 2020 |  |  |  |  |  |  |  |  |
Amounts attributable to Brink's: |  |  |  |  |  |  |  |  |
Benefit plan adjustments | $ | (1.5 | ) |  | 0.2 |  |  | 13.4 |  |  | (3.3 | ) |  | 8.8 |
Foreign currency translation adjustments(b) | 27.2 |  |  | — |  |  | — |  |  | — |  |  | 27.2 |
Gains (losses) on cash flow hedges | (1.4 | ) |  | 0.1 |  |  | (1.2 | ) |  | 0.7 |  |  | (1.8 | )
| 24.3 |  |  | 0.3 |  |  | 12.2 |  |  | (2.6 | ) |  | 34.2 |
Amounts attributable to noncontrolling interests: |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | 1.0 |  |  | — |  |  | — |  |  | — |  |  | 1.0 |
| 1.0 |  |  | — |  |  | — |  |  | — |  |  | 1.0 |
Total |  |  |  |  |  |  |  |  |
Benefit plan adjustments(a) | (1.5 | ) |  | 0.2 |  |  | 13.4 |  |  | (3.3 | ) |  | 8.8 |
Foreign currency translation adjustments(b) | 28.2 |  |  | — |  |  | — |  |  | — |  |  | 28.2 |
Gains (losses) on cash flow hedges(c) | (1.4 | ) |  | 0.1 |  |  | (1.2 | ) |  | 0.7 |  |  | (1.8 | )
| $ | 25.3 |  |  | 0.3 |  |  | 12.2 |  |  | (2.6 | ) |  | 35.2 |
Three months ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts attributable to Brink's: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit plan adjustments | $ | (2.3 | ) |  | 0.4 |  |  | 10.2 |  |  | (2.4 | ) |  | 5.9 |
Foreign currency translation adjustments | 9.0 |  |  | — |  |  | — |  |  | — |  |  | 9.0 |
Gains (losses) on cash flow hedges | (14.2 | ) |  | 3.9 |  |  | 3.6 |  |  | (1.2 | ) |  | (7.9 | )
| (7.5 | ) |  | 4.3 |  |  | 13.8 |  |  | (3.6 | ) |  | 7.0 |
Amounts attributable to noncontrolling interests: |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | 0.1 |  |  | — |  |  | — |  |  | — |  |  | 0.1 |
| 0.1 |  |  | — |  |  | — |  |  | — |  |  | 0.1 |
Total |  |  |  |  |  |  |  |  |
Benefit plan adjustments(a) | (2.3 | ) |  | 0.4 |  |  | 10.2 |  |  | (2.4 | ) |  | 5.9 |
Foreign currency translation adjustments | 9.1 |  |  | — |  |  | — |  |  | — |  |  | 9.1 |
Gains (losses) on cash flow hedges(c) | (14.2 | ) |  | 3.9 |  |  | 3.6 |  |  | (1.2 | ) |  | (7.9 | )
| $ | (7.4 | ) |  | 4.3 |  |  | 13.8 |  |  | (3.6 | ) |  | 7.1 |
| Amounts Arising During the Current Period |  | Amounts Reclassified to Net Income (Loss) |  |
(In millions) | Pretax |  | Income Tax |  | Pretax |  | Income Tax |  | Total Other Comprehensive Income (Loss)
Six months ended June 30, 2020 |  |  |  |  |  |  |  |  |
Amounts attributable to Brink's: |  |  |  |  |  |  |  |  |
Benefit plan adjustments | $ | 2.7 |  |  | 0.3 |  |  | 26.7 |  |  | (6.4 | ) |  | 23.3 |
Foreign currency translation adjustments(b) | (92.7 | ) |  | — |  |  | — |  |  | — |  |  | (92.7 | )
Gains (losses) on cash flow hedges | 8.6 |  |  | (5.2 | ) |  | (25.9 | ) |  | 9.1 |  |  | (13.4 | )
| (81.4 | ) |  | (4.9 | ) |  | 0.8 |  |  | 2.7 |  |  | (82.8 | )
Amounts attributable to noncontrolling interests: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | 0.6 |  |  | — |  |  | — |  |  | — |  |  | 0.6 |
| 0.6 |  |  | — |  |  | — |  |  | — |  |  | 0.6 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit plan adjustments(a) | 2.7 |  |  | 0.3 |  |  | 26.7 |  |  | (6.4 | ) |  | 23.3 |
Foreign currency translation adjustments(b) | (92.1 | ) |  | — |  |  | — |  |  | — |  |  | (92.1 | )
Gains (losses) on cash flow hedges(c) | 8.6 |  |  | (5.2 | ) |  | (25.9 | ) |  | 9.1 |  |  | (13.4 | )
| $ | (80.8 | ) |  | (4.9 | ) |  | 0.8 |  |  | 2.7 |  |  | (82.2 | )
Six months ended June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amounts attributable to Brink's: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit plan adjustments | $ | (3.6 | ) |  | 0.6 |  |  | 21.5 |  |  | (5.1 | ) |  | 13.4 |
Foreign currency translation adjustments | 9.3 |  |  | — |  |  | — |  |  | — |  |  | 9.3 |
Gains (losses) on cash flow hedges | (19.5 | ) |  | 5.0 |  |  | 1.0 |  |  | (0.3 | ) |  | (13.8 | )
| (13.8 | ) |  | 5.6 |  |  | 22.5 |  |  | (5.4 | ) |  | 8.9 |
Amounts attributable to noncontrolling interests: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency translation adjustments | 0.4 |  |  | — |  |  | — |  |  | — |  |  | 0.4 |
| 0.4 |  |  | — |  |  | — |  |  | — |  |  | 0.4 |
Total |  |  |  |  |  |  |  |  |  |  |  |  |  |
Benefit plan adjustments(a) | (3.6 | ) |  | 0.6 |  |  | 21.5 |  |  | (5.1 | ) |  | 13.4 |
Foreign currency translation adjustments | 9.7 |  |  | — |  |  | — |  |  | — |  |  | 9.7 |
Gains (losses) on cash flow hedges(c) | (19.5 | ) |  | 5.0 |  |  | 1.0 |  |  | (0.3 | ) |  | (13.8 | )
| $ | (13.4 | ) |  | 5.6 |  |  | 22.5 |  |  | (5.4 | ) |  | 9.3 |
(a) | The amortization of actuarial losses and prior service cost is part of total net periodic retirement benefit cost when reclassified to net income. Net periodic retirement benefit cost also includes service cost, interest cost, expected return on assets, and settlement losses. Total service cost is allocated between cost of revenues and selling, general and administrative expenses on a plan-by-plan basis and the remaining net periodic retirement benefit cost items are allocated to interest and other nonoperating income (expense):
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In millions) | 2020 |  | 2019 |  | 2020 |  | 2019
Total net periodic retirement benefit cost included in: |  |  |  |  |  |  |
Cost of revenues | $ | 2.6 |  |  | 1.9 |  |  | $ | 5.0 |  |  | 3.8 |
Selling, general and administrative expenses | 0.5 |  |  | 0.6 |  |  | 1.0 |  |  | 1.2 |
Interest and other nonoperating income (expense) | 9.2 |  |  | 7.8 |  |  | 18.3 |  |  | 17.5 |
(b) | 2020 foreign currency translation adjustment amounts arising during the current period reflect primarily the Mexican peso, Brazilian real and the Argentine peso.
(c) | Pretax gains and losses on cash flow hedges are classified in the condensed consolidated statements of operations as:
• | other operating income (expense) ($3.7 million gain in the three months ended June 30, 2020 and $2.4 million of losses in the three months ended June 30, 2019; as well as $29.8 million gain in the six months ended June 30, 2020 and $1.4 million gain in the six months ended June 30, 2019)
• | interest expense ($2.4 million of expense in the three months ended June 30, 2020 and $1.3 million of expense in the three months ended June 30, 2019; as well as $3.9 million of expense in the six months ended June 30, 2020 and $2.5 million of expense in the six months ended June 30, 2019).
The changes in accumulated other comprehensive loss attributable to Brink’s are as follows:
(In millions) | Benefit Plan Adjustments |  | Foreign Currency Translation Adjustments |  | Gains (Losses) on Cash Flow Hedges |  | Total
Balance as of December 31, 2019 | $ | (583.0 | ) |  | (382.8 | ) |  | (13.2 | ) |  | (979.0 | )
Other comprehensive income (loss) before reclassifications | 3.0 |  |  | (92.7 | ) |  | 3.4 |  |  | (86.3 | )
Amounts reclassified from accumulated other comprehensive loss to net income | 20.3 |  |  | — |  |  | (16.8 | ) |  | 3.5 |
Other comprehensive income (loss) attributable to Brink's | 23.3 |  |  | (92.7 | ) |  | (13.4 | ) |  | (82.8 | )
Balance as of June 30, 2020 | $ | (559.7 | ) |  | (475.5 | ) |  | (26.6 | ) |  | (1,061.8 | )

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- Definition The entire disclosure for any adjustments made during the period to avoid double counting in comprehensive income items displayed as part of net income that also had been displayed as part of other comprehensive income in that period or earlier periods. These adjustments include reclassifications to net income of items in accumulated comprehensive income, such as deferred gains or losses on qualifying hedges when hedged item reported in net income, holding gains or losses on available-for-sale securities transferred into trading category, unrealized holding gains or losses on debt securities transferred from held-to-maturity category into available-for-sale category and accumulated translation adjustment attributable to foreign subsidiary or investment in foreign entity upon sale or liquidation. + 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 + Details
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