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Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Accumulated other comprehensive income or loss (“AOCI”) represents the cumulative balance of other comprehensive income, net of tax, as of the balance sheet date. For JBT, AOCI is primarily composed of adjustments related to pension and other postretirement benefit plans, derivatives designated as hedges, and foreign currency translation adjustments. Changes in the AOCI balances for the three months ended March 31, 2018 and 2017 by component are shown in the following tables:
 
Pension and Other Postretirement Benefits
 
Derivatives Designated as Hedges
 
Foreign Currency Translation
 
Total
(In millions)
 
 
 
 
 
 
 
Beginning balance, December 31, 2017
$
(113.9
)
 
$
1.4

 
$
(27.8
)
 
$
(140.3
)
Other comprehensive income before reclassification
—

 
1.1

 
2.5

 
3.6

Amounts reclassified from accumulated other comprehensive income
1.4

 
—

 
—

 
1.4

Ending balance, March 31, 2018
$
(112.5
)
 
$
2.5

 
$
(25.3
)
 
$
(135.3
)


Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended March 31, 2018 were $1.6 million of charges in other (expense) income, net below operating income net of $0.2 million in provision for income taxes.

 
Pension and Other Postretirement Benefits
 
Derivatives Designated as Hedges
 
Foreign Currency Translation
 
Total
(In millions)
 
 
 
 
 
 
 
Beginning balance, December 31, 2016
$
(108.6
)
 
$
(0.1
)
 
$
(48.3
)
 
$
(157.0
)
Other comprehensive income (loss) before reclassification
—

 
0.2

 
4.3

 
4.5

Amounts reclassified from accumulated other comprehensive income
0.8

 
0.2

 
—

 
1.0

Ending balance, March 31, 2017
$
(107.8
)
 
$
0.3

 
$
(44.0
)
 
$
(151.5
)


Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended March 31, 2017 were $1.3 million of charges in other (expense) income, net below operating income net of $0.5 million in provision for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $0.4 million of charges in interest expense, net of $0.2 million in provision for income taxes.