Components of Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2020


Components of AOCL:	September 30, 2020		December 31, 2019
Defined benefit plan liabilities	$	(111.7)	$	(115.9)

Unrealized gain (loss) on financial instruments	2.2		2.3
Other comprehensive loss before income tax effect	(109.5)		(113.6)
Income tax effect (1)	3.0		3.8
Accumulated other comprehensive loss	$	(106.5)	$	(109.8)

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


	September 30, 2020		December 31, 2019
Defined benefit plan liabilities	$	3.4	$	4.3

Unrealized loss on financial instruments	(0.4)		(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, July 1, 2020	$	(109.5)	$	1.9	$	(107.6)
Net amount reclassified to net income (loss)	1.2		(0.1)		1.1
Balance, September 30, 2020	$	(108.3)	$	1.8	$	(106.5)

Balance, July 1, 2019	$	(100.7)	$	2.0	$	(98.7)
Net amount reclassified to net income	0.7		0.0		0.7
Balance, September 30, 2019	$	(100.0)	$	2.0	$	(98.0)

Balance, December 31, 2019	$	(111.7)	$	1.9	$	(109.8)
Net amount reclassified to net loss	3.4		(0.1)		3.3
Balance, September 30, 2020	$	(108.3)	$	1.8	$	(106.5)

Balance, December 31, 2018	$	(100.7)	$	2.0	$	(98.7)
Impact of ASU 2018-02 (1)	(1.3)		—		(1.3)
Net amount reclassified to net income (loss)	2.1		(0.1)		2.0
Balance, September 30, 2019	$	(100.0)	$	2.0	$	(98.0)

(1) 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 September 30,				Nine months ended September 30,
AOCL Components	Location	2020		2019		2020		2019
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	0.8	$	0.8	$	2.3	$	1.7
	Selling, general and administrative expenses	0.1		(0.3)		0.5		(0.9)
	Other operating expense, net	0.5		0.5		1.4		2.1
	Income tax effect	(0.2)		(0.3)		(0.8)		(0.8)
	Net of tax	$	1.2	$	0.7	$	3.4	$	2.1

Unrealized loss on financial instruments	Cost of goods sold	$	(0.1)	$	0.0	$	(0.1)	$	(0.1)
	Income tax effect	0.0		0.0		0.0		0.0
	Net of tax	$	(0.1)	$	0.0	$	(0.1)	$	(0.1)