Components of Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2023


Components of AOCL:	March 31, 2023		December 31, 2022
Defined benefit plan liabilities	$	(96.8)	$	(98.0)

Unrealized gain (loss) on financial instruments	1.7		1.7
Other comprehensive loss before income tax effect	(95.1)		(96.3)
Income tax effect(1)	2.2		2.3
Accumulated other comprehensive loss	$	(92.9)	$	(94.0)

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


	March 31, 2023		December 31, 2022
Defined benefit plan liabilities	$	2.6	$	2.6

Unrealized loss on financial instruments	(0.3)		(0.3)

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, 2023	$	(95.6)	$	1.6	$	(94.0)
Net amount reclassified to net income (loss)	1.2		(0.1)		1.1
Balance, March 31, 2023	$	(94.4)	$	1.5	$	(92.9)

Balance, January 1, 2022	$	(84.0)	$	1.7	$	(82.3)
Net amount reclassified to net income (loss)	0.6		0.0		0.6
Balance, March 31, 2022	$	(83.4)	$	1.7	$	(81.7)

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


		Three months ended March 31,
AOCL Components	Location	2023		2022
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	0.8	$	0.4

	Selling, general and administrative expenses	0.2		0.1
	Other operating expense - net	0.2		0.2
	Income tax effect	—		(0.1)
	Net of tax	$	1.2	$	0.6

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