Changes in Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Changes in AOCI by Component

The balances of Accumulated Other Comprehensive Loss, net of applicable taxes are as follows:


	December 31,
In millions	2019		2018
Accumulated Derivative Instruments Loss	$	(20.8)	$	(11.9)
Pension and Postretirement Benefit Plans	(245.5)		(259.1)
Currency Translation Adjustment	(113.9)		(126.3)


Accumulated Other Comprehensive Loss	$	(380.2)	$	(397.3)

The following represents changes in Accumulated Other Comprehensive (Loss) Income attributable to Graphic Packaging International, LLC by component for the year ended December 31, 2019 ^(a):


In millions	Derivatives Instruments		Pension and Postretirement Benefit Plans		Currency Translation Adjustments		Total
Balance at December 31, 2018	$	(11.9)	$	(259.1)	$	(126.3)	$	(397.3)
Other Comprehensive (Loss) Income before Reclassifications	(7.2)		(33.2)		12.4		(28.0)
Amounts Reclassified from Accumulated Other Comprehensive (Loss) Income^(b)	(1.7)		46.8		—		45.1
Net Current-period Other Comprehensive (Loss) Income	(8.9)		13.6		12.4		17.1


Balance at December 31, 2019	$	(20.8)	$	(245.5)	$	(113.9)	$	(380.2)

^(a)All amounts are net-of-tax.

^(b) See following table for details about these reclassifications.

Reclassifications out of AOCI

The following represents reclassifications out of Accumulated Other Comprehensive Loss for the year ended December 31, 2019:


In millions
Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss			Affected Line Item in the Statement Where Net Income is Presented
Derivatives Instruments:
Commodity Contracts	$	(1.8)		Cost of Sales
Foreign Currency Contracts	(1.3)			Other Expense, Net
Interest Rate Swap Agreements	1.4			Interest Expense, Net


	$	(1.7)		Total, Net of Tax

Amortization of Defined Benefit Pension Plans:
Prior Service Costs	$	0.2	^(a)
Actuarial Losses	49.2		^(a)
	49.4			Total before Tax
	—			Tax Expense
	$	49.4		Net of Tax

Amortization of Postretirement Benefit Plans:
Prior Service Credits	$	(0.3)	^(a)
Actuarial Gains	(2.3)		^(a)


	$	(2.6)		Total, Net of Tax

Total Reclassifications for the Period	$	45.1

^(a)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 7 — Pensions and Other Postretirement Benefits).