Components of Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2021


Components of AOCL:	March 31, 2021		December 31, 2020
Defined benefit plan liabilities	$	(122.3)	$	(123.7)

Unrealized gain (loss) on financial instruments	2.1		2.1
Other comprehensive loss before income tax effect	(120.2)		(121.6)
Income tax effect (1)	2.7		2.8
Accumulated other comprehensive loss	$	(117.5)	$	(118.8)

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


	March 31, 2021		December 31, 2020
Defined benefit plan liabilities	$	3.1	$	3.2

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, January 1, 2021	$	(120.6)	$	1.8	$	(118.8)
Net amount reclassified to net income (loss)	1.3		0.0		1.3
Balance, March 31, 2021	$	(119.3)	$	1.8	$	(117.5)

Balance, January 1, 2020	$	(111.7)	$	1.9	$	(109.8)
Net amount reclassified to net income	1.4		0.0		1.4
Balance, March 31, 2020	$	(110.3)	$	1.9	$	(108.4)

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


		Three months ended March 31,
AOCL Components	Location	2021		2020
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	0.8	$	1.1
	Selling, general and administrative expenses	0.2		0.2
	Other operating expense, net	0.4		0.4
	Income tax effect	(0.1)		(0.3)
	Net of tax	$	1.3	$	1.4

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