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Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Reclassification out of accumulated other comprehensive income

The following table provides information on items not reclassified in their entirety from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
Affected Line Item(s) in the Consolidated Statements of Operations
 
 
2019
 
2018
 
2019
 
2018
 
Gains/(Losses) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Commodity futures contracts/foreign exchange forward contracts
 
$
(2.0
)
 
$
2.6

 
$
(4.3
)
 
$
7.2

 
Cost of goods sold
Income tax benefit (expense)
 
0.5

 
(0.6
)
 
1.0

 
(1.6
)
 
Provision for income taxes
Net of tax
 
$
(1.5
)
 
$
2.0

 
$
(3.3
)
 
$
5.6

 
 
 
 
 
 
 
 
 
 
 
 
 
Defined Benefit Plan items:
 
 
 
 
 
 
 
 
 
 
Pension and post-retirement benefit costs
 
$
(1.0
)
 
$
(2.4
)
 
$
(3.0
)
 
$
(4.7
)
 
Cost of goods sold; Selling, general and administrative expenses
Pension settlement
 
(60.6
)
 

 
(60.6
)
 

 
Pension settlement
Income tax benefit
 
15.3

 
0.6

 
15.8

 
1.2

 
Provision for income taxes
Net of tax
 
$
(46.3
)
 
$
(1.8
)
 
$
(47.8
)
 
$
(3.5
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments:
 
 
 
 
 
 
 
 
 
 
Foreign currency adjustments on sale of businesses
 
$

 
$
(22.9
)
 
$
(2.1
)
 
$
(22.9
)
 
Loss (gain), net on sale of businesses and related property
Net of tax
 
$

 
$
(22.9
)
 
$
(2.1
)
 
$
(22.9
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications from AOCL
 
$
(47.8
)
 
$
(22.7
)
 
$
(53.2
)
 
$
(20.8
)
 
 

Changes in AOCI by component (net of tax)
The following table provides information on changes in AOCL, by component (net of tax), for the six months ended June 30, 2019 (in millions):
 
 
Gains (Losses) on Cash Flow Hedges
 
Defined Benefit Pension Plan Items
 
Foreign Currency Translation Adjustments
 
Total AOCL
Balance as of December 31, 2018
 
$
(6.2
)
 
$
(154.5
)
 
$
(28.1
)
 
$
(188.8
)
Other comprehensive income (loss) before reclassifications
 
0.3

 
1.8

 
3.9

 
6.0

Amounts reclassified from AOCL
 
3.3

 
47.8

 
2.1

 
53.2

Net other comprehensive (loss) income
 
3.6

 
49.6

 
6.0

 
59.2

Balance as of June 30, 2019
 
$
(2.6
)
 
$
(104.9
)
 
$
(22.1
)
 
$
(129.6
)