Other Comprehensive Earnings

3 Months Ended

Jun. 30, 2020

Statement of Other Comprehensive Income [Abstract]

The amounts recognized in other comprehensive earnings (loss) were as follows:


	Three Months Ended										Three Months Ended
	June 30, 2020										June 30, 2019
(in millions)	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation	$	3.4	$	—	$	3.4	$	(2.5)	$	—	$	(2.5)
Employee benefit plans	0.1		0.2		0.3		0.2		—		0.2
Changes in fair value of cash flow hedges	0.6		—		0.6		(0.5)		0.1		(0.4)

Total other comprehensive earnings (loss)	$	4.1	$	0.2	$	4.3	$	(2.8)	$	0.1	$	(2.7)

	Six Months Ended										Six Months Ended
	June 30, 2020										June 30, 2019
(in millions)	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation	$	(4.1)	$	—	$	(4.1)	$	1.5	$	—	$	1.5
Employee benefit plans	0.3		(0.1)		0.2		0.3		—		0.3
Changes in fair value of cash flow hedges	(0.6)		0.1		(0.5)		0.4		(0.1)		0.3

Total other comprehensive (loss) earnings	$	(4.4)	$	—	$	(4.4)	$	2.2	$	(0.1)	$	2.1

The following tables summarize the changes in balances of each component of accumulated other comprehensive loss, net of tax during the six months ended June 30, 2020 and 2019:


(in millions)	Cash flow hedges		Employee benefit plans		Cumulative foreign currency translation adjustments		Total
Balance at December 31, 2019	$	0.5	$	(18.7)	$	(93.8)	$	(112.0)


Other comprehensive (loss) earnings, net of tax	(0.5)		0.2		(4.1)		(4.4)

Balance at June 30, 2020	$	—	$	(18.5)	$	(97.9)	$	(116.4)


(in millions)	Cash flow hedges		Employee benefit plans		Cumulative foreign currency translation adjustments		Total
Balance at December 31, 2018	$	(0.4)	$	(15.5)	$	(95.1)	$	(111.0)
Other comprehensive earnings, net of tax	0.3		0.3		1.5		2.1
Balance at June 30, 2019	$	(0.1)	$	(15.2)	$	(93.6)	$	(108.9)

The following tables summarize the amounts reclassified from accumulated other comprehensive loss to earnings:


		Three Months Ended June 30,
(in millions)	Statement of Earnings Line	2020		2019
Pension and post-retirement benefit plans:
Amortization or settlement of actuarial losses and prior service costs	Other expense (income), net	$	0.1	$	0.2
Tax	Provision for income taxes	0.2		—
Net of tax		$	0.3	$	0.2

Cash flow hedges:
Net losses reclassified into earnings	Cost of goods sold	$	0.3	$	—
Tax	Provision for income taxes	—		—
Net of tax		$	0.3	$	—

		Six Months Ended June 30,
(in millions)	Statement of Earnings Line	2020		2019
Pension and post-retirement benefit plans:
Amortization or settlement of actuarial losses and prior service costs	Other expense (income), net	$	0.3	$	0.3
Tax	Provision for income taxes	(0.1)		—
Net of tax		$	0.2	$	0.3

Cash flow hedges:
Net losses reclassified into earnings	Cost of goods sold	$	0.4	$	0.2
Tax	Provision for income taxes	—		(0.1)
Net of tax		$	0.4	$	0.1