XML 48 R20.htm IDEA: XBRL DOCUMENT v3.20.1
Accumulated Other Comprehensive Loss
 3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss by component (after tax) for the three months ended March 31, 2020 are as follows:
(in millions)
Unrealized
Translation
Adjustments
 
Pension and
Other
Postretirement
Plans
 
Total
Beginning balance
$
9.8

 
$
(46.2
)
 
$
(36.4
)
Other comprehensive loss before reclassifications
(22.1
)
 
—

 
(22.1
)
Amounts reclassified from accumulated other comprehensive loss
—

 
0.5

 
0.5

Net current-period other comprehensive income (loss)
(22.1
)
 
0.5

 
(21.6
)
Less: other comprehensive income attributable to redeemable non-controlling interests
0.9

 
—

 
0.9

Net current-period other comprehensive income (loss) attributable to EnPro Industries, Inc.
(23.0
)
 
0.5

 
(22.5
)
Ending balance
$
(13.2
)
 
$
(45.7
)
 
$
(58.9
)

Changes in accumulated other comprehensive loss by component (after tax) for the three months ended March 31, 2019 are as follows:
(in millions)
Unrealized
Translation
Adjustments
 
Pension and
Other
Postretirement
Plans
 
Total
Beginning balance
$
(10.6
)
 
$
(34.9
)
 
$
(45.5
)
Adoption of new accounting standard
—

 
(11.5
)
 
(11.5
)
Adjusted beginning balance
(10.6
)
 
(46.4
)
 
(57.0
)
Other comprehensive income before reclassifications
5.8

 
—

 
5.8

Amounts reclassified from accumulated other comprehensive loss
—

 
1.0

 
1.0

Net current-period other comprehensive income
5.8

 
1.0

 
6.8

Ending balance
$
(4.8
)
 
$
(45.4
)
 
$
(50.2
)

Reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2020 and 2019 are as follows:
Details about Accumulated Other Comprehensive Loss Components
 
Amount Reclassified from Accumulated Other
Comprehensive Loss
 
Affected Statement of
Operations Caption
(in millions)
 
2020
 
2019
 
 
Pension and other postretirement plans adjustments:
 
 
 
 
 
 
Actuarial losses
 
$
0.2

 
$
1.6

 
(1)
Curtailment
 
0.3

 
—

 
(1)
Total before tax
 
0.5

 
1.6

 
Income before income taxes
Tax benefit
 
—

 
(0.6
)
 
Income tax expense
Net of tax
 
$
0.5

 
$
1.0

 
Net income
(1)
These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. As these are components of net periodic pension cost other than service cost, the affected Statement of Operations captions are other income (expense) and income from discontinued operations, net of taxes (See Note 10, “Pensions and Postretirement Benefits” for additional details).