Components of Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2020



Components of AOCL:	March 31, 2020			December 31, 2019
Defined benefit plan liabilities	$	(114.2	)	$	(115.9	)
Unrealized gain (loss) on financial instruments	2.3			2.3
Other comprehensive loss before income tax effect	(111.9		)	(113.6		)
Income tax effect ⁽¹⁾	3.5			3.8
Accumulated other comprehensive loss	$	(108.4	)	$	(109.8	)

⁽¹⁾ The allocation of the income tax effect to the components of other comprehensive loss is as follows:



	March 31, 2020			December 31, 2019
Defined benefit plan liabilities	$	4.0		$	4.3
Unrealized loss on financial instruments	(0.5		)	(0.4		)

The following table summarizes the changes in the accumulated balances for each component of AOCL:



	Defined benefit plan and other postretirement liabilities			Unrealized gain (loss) on financial instruments		Total, net of tax
Balance, January 1, 2020	$	(111.7	)	$	1.9	$	(109.8	)
Net amount reclassified to net income (loss)	1.4			0.0		1.4
Balance, March 31, 2020	$	(110.3	)	$	1.9	$	(108.4	)

Balance, January 1, 2019	$	(100.7	)	$	2.0	$	(98.7	)
Impact of ASU 2018-02 ⁽²⁾	(1.3		)	—		(1.3		)
Net amount reclassified to net income (loss)	0.3			0.0		0.3
Balance, March 31, 2019	$	(101.7	)	$	2.0	$	(99.7	)

⁽²⁾ ASU 2018-02. See Note 7. Income Taxes for further information regarding our adoption of ASU 2018-02.

Reclassifications out of AOCL were included in the consolidated statements of operations as follows:



		Three months ended March 31,
AOCL Components	Location	2020			2019
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	1.1		$	0.6
	Selling, general and administrative expenses	0.2			(0.4		)
	Other operating expense, net	0.4			0.4
	Income tax effect	(0.3		)	(0.3		)
	Net of tax	$	1.4		$	0.3

Unrealized loss on financial instruments	Cost of goods sold	$	0.0		$	0.0
	Income tax effect	0.0			0.0
	Net of tax	$	0.0		$	0.0