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Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) as of June 30, 2020 is as follows:
 
 
Total
 
Translation
Adjustments
 
Postretirement
Plans
Balance at December 31, 2019
 
$
(4,088.6
)
 
$
(872.9
)
 
$
(3,215.7
)
Other comprehensive income (loss) before reclassifications
 
(12.3
)
 
(56.7
)
 
44.4

Amounts reclassified from accumulated other comprehensive income
 
64.3

 
(18.4
)
 
82.7

Current period other comprehensive income
 
52.0

 
(75.1
)
 
127.1

Balance at June 30, 2020
 
$
(4,036.6
)
 
$
(948.0
)
 
$
(3,088.6
)


Amounts reclassified out of accumulated other comprehensive income for the three and six months ended June 30, 2020 and 2019 are as follows:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2020
 
2019
 
2020
 
2019
Translation Adjustments:
 
 
 
 
 
 
 
 
Adjustment for substantial completion of liquidation of foreign subsidiaries(i)
 
$
0.6

 
$

 
$
(18.4
)
 
$

Postretirement Plans(ii):
 
 
 
 
 
 
 
 
Amortization of prior service cost
 
(1.4
)
 
(1.5
)
 
(2.9
)
 
(3.0
)
Amortization of actuarial losses
 
44.4

 
37.3

 
88.3

 
74.7

Total before tax
 
43.6

 
35.8

 
67.0

 
71.7

Income tax benefit
 
(1.4
)
 
(1.0
)
 
(2.7
)
 
(2.0
)
Total reclassifications for the period
 
$
42.2

 
$
34.8

 
$
64.3

 
$
69.7

(i) Reported in other expense, net in the consolidated statements of income (loss).
(ii)These items are included in net periodic postretirement cost (see Note 5).