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Accumulated Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Footnote 3 — Accumulated Other Comprehensive Loss
The following tables display the changes in Accumulated Other Comprehensive Loss (“AOCL”) by component net of tax for the three months
ended March 31, 2019 (in millions):
 
 
 
Cumulative
Translation
Adjustment
 
 
Pension and
Postretirement
Costs
 
 
Derivative
Financial
Instruments
 
 
AOCL
 
Balance at December 31, 2018
 
$
(492.6
)
 
$
(398.1
)
 
$
(22.1
)
 
$
(912.8
)
Other comprehensive loss income before reclassifications
 
 
(2.1
)
 
 
(14.8
) 
 
 
(5.1
) 
 
 
(22.0
)
Amounts reclassified to earnings
 
 
—
 
 
 
1.6
 
 
 
(3.3
) 
 
 
(1.7
) 
Net current period other comprehensive loss
 
 
(2.1
)
 
 
(13.2
) 
 
 
(8.4
) 
 
 
(23.7
)
Balance at March 31, 2019
 
$
(494.7
)
 
$
(411.3
)
 
$
(30.5
)
 
$
(936.5
)
For the three months ended March 31, 2019 and 2018, reclassifications from AOCL to the results of operations for the Company’s pension and postretirement benefit plans were a pre-tax expense of $2.1 million and $3.6 million, respectively, and primarily represent the amortization of net actuarial losses (see Footnote 11). These costs are recorded in other expense (income), net. For the three months ended March 31, 2019 and 2018, reclassifications from AOCL to the results of operations for the Company’s derivative financial instruments for effective cash flow hedges were pre-tax (income) expense of ($
4.2
) million and $13.1 million, respectively, (see Footnote 10).
 
The income tax (expense) benefit allocated to the components of AOCL for the periods indicated are as follows (in millions):
 
 
 
Three Months Ended
March, 31,
 
 
 
2019
 
 
2018
 
Foreign currency translation adjustments
 
$
(0.2
)
 
$
7.9
 
Unrecognized pension and postretirement costs
 
 
3.8
 
 
 
4.0
 
Derivative financial instruments
 
 
2.3
 
 
 
(0.2
)
Income tax benefit related to AOCL
 
$
5.9
 
 
$
11.7