Accumulated Other Comprehensive (Loss) Income

12 Months Ended

Dec. 31, 2019

Changes in each component of "Accumulated other comprehensive (loss) income," net of tax, during 2019, 2018 and 2017 were as follows:


(dollars in millions)	Foreign Currency Translation Adjustments		Pension and Post-retirement Plans		Unrealized Gain (Loss) on Available for Sale Securities		Derivative Financial Instrument Revaluation		Non-Controlling Interests		Accumulated Other Comprehensive (Loss) Income
Balance at December 31, 2016	$	(694.7)	$	(18.8)	$	0.4	$	(5.8)	$	44.4	$	(674.5)
Other comprehensive income (loss) before reclassifications, net	241.1		2.5		(2.2)		(4.6)		(3.6)		233.2
Reclassifications, pretax	—		10.5		0.5		10.4		—		21.4
Tax benefit reclassified	—		(2.1)		—		—		—		(2.1)
Balance at December 31, 2017	(453.6)		(7.9)		(1.3)		—		40.8		(422.0)
Impact of ASU 2016-01 adoption	—		—		1.3		—		—		1.3
Adjusted balance at January 1, 2018	(453.6)		(7.9)		—		—		40.8		(420.7)
Other comprehensive income (loss) before reclassifications, net	(378.0)		1.8		—		6.0		34.5		(335.7)
Reclassifications, pretax	—		—		—		(0.5)		—		(0.5)

Balance at December 31, 2018	(831.6)		(6.1)		—		5.5		75.3		(756.9)
Other comprehensive income (loss) before reclassifications, net	70.5		0.6		—		(29.2)		(25.8)		16.1
Reclassifications, pretax	479.8		(2.1)		—		(4.5)		(14.4)		458.8
Tax expense reclassified	—		—		—		1.5		—		1.5
Balance at December 31, 2019	$	(281.3)	$	(7.6)	$	—	$	(26.7)	$	35.1	$	(280.5)