Reclassifications out of Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Reclassifications out of Accumulated Other Comprehensive Loss

NOTE 14 – RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS

Reclassifications out of accumulated other comprehensive loss for the first three months of 2021 were:

(in millions) Details about AOCL Components	Amount Reclassified from AOCL			Affected Line Item in the Statement where Net Income is Presented
Defined benefit pension plan items:
Amortization of prior service credit	$	0.1		See (1) below
Amortization of actuarial net losses		0.7		See (1) below
		0.8		Total before tax
		(0.1	)	Income tax expense
Total reclassifications	$	0.7		Net of tax

Reclassifications out of accumulated other comprehensive loss for the first quarter of 2020 were:

(in millions) Details about AOCL Components	Amount Reclassified from AOCL			Affected Line Item in the Statement where Net Income is Presented
Defined benefit pension plan items:
Amortization of prior service credit	$	(0.2	)	See (¹) below
Amortization of actuarial net losses		0.2		See (¹) below
		0.0		Total before tax
		0.0		Income tax expense
Total reclassifications	$	0.0		Net of tax

(1)  These items are included in other income and expense. See Note 6 of the Notes to the Condensed Consolidated Financial Statements for additional information.

Changes in accumulated other comprehensive loss for the first three months of 2021, net of tax, were:

(in millions)	Defined Benefit Pension Plan Items			Cumulative Translation Adjustments			Total
Balance at December 31, 2020	$	(15.9	)	$	(41.4	)	$	(57.3	)
Other comprehensive income before reclassifications		0.0			(11.3	)		(11.3	)
Amounts reclassified from AOCL		0.7			0.0			0.7
Total other comprehensive income		0.7			(11.3	)		(10.6	)
Balance at March 31, 2021	$	(15.2	)	$	(52.7	)	$	(67.9	)

Changes in accumulated other comprehensive loss for the first three months of 2020, net of tax, were:

(in millions)	Defined Benefit Pension Plan Items			Cumulative Translation Adjustments			Total
Balance at December 31, 2019	$	(9.3	)	$	(65.1	)	$	(74.4	)
Other comprehensive income before reclassifications		0.0			(7.9	)		(7.9	)
Amounts reclassified from AOCL		0.0			0.0			0.0
Total other comprehensive income		0.0			(7.9	)		(7.9	)
Balance at March 31, 2020	$	(9.3	)	$	(73.0	)	$	(82.3	)