Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2021

Items not reclassified in their entirety from Accumulated Other Comprehensive Income to Net 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 Years Ended December 31,
AOCL Component	2021		2020		Affected Line Item(s) in the Consolidated Statements of Operations
Gains/(Losses) on cash flow hedges:
Derivative contracts	$	26.9	$	(3.7)	Cost of goods sold and Losses (gains) and other expenses, net.
Income tax benefit	(6.2)		0.9		Provision for income taxes
Net of tax	$	20.7	$	(2.8)

Defined Benefit Plan Items:
Pension and post-retirement benefits costs	$	(7.9)	$	(5.9)	Cost of goods sold; Selling, general, administrative expenses and Other (income) expense, net
Pension settlements	(1.2)		(0.6)		Pension settlements
Income tax benefit	2.2		1.6		Provision for income taxes
Net of tax	$	(6.9)	$	(4.9)






Total reclassifications from AOCL	$	13.8	$	(7.7)

Changes in AOCI by component (net of tax)

The following tables provide information on changes in AOCL, by component (net of tax), for the years ended December 31, 2021 and 2020 (in millions):


	Gains on Cash Flow Hedges		Share of equity method investments other comprehensive income		Defined Benefit Plan Items		Foreign Currency Translation Adjustments		Total AOCL
Balance as of December 31, 2020	$	8.2	$	(1.2)	$	(82.7)	$	(21.5)	$	(97.2)
Other comprehensive income (loss) before reclassifications	23.2		—		7.0		(7.3)		22.9
Amounts reclassified from AOCL	(20.7)		—		6.9		—		(13.8)
Net other comprehensive income (loss)	2.5		—		13.9		(7.3)		9.1
Balance as of December 31, 2021	$	10.7	$	(1.2)	$	(68.8)	$	(28.8)	$	(88.1)


	Gains (Losses) on Cash Flow Hedges		Share of equity method investments other comprehensive income		Defined Benefit Plan Items		Foreign Currency Translation Adjustments		Total AOCL
Balance as of December 31, 2019	$	—	$	—	$	(81.5)	$	(22.3)	$	(103.8)
Other comprehensive income (loss) before reclassifications	5.4		(1.2)		(6.1)		0.8		(1.1)
Amounts reclassified from AOCI	2.8		—		4.9		—		7.7
Net other comprehensive income (loss)	8.2		(1.2)		(1.2)		0.8		6.6
Balance as of December 31, 2020	$	8.2	$	(1.2)	$	(82.7)	$	(21.5)	$	(97.2)