XML 35 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Accumulated Other Comprehensive (Loss)/Income
 9 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive (Loss)/Income Accumulated Other Comprehensive (Loss)/Income
The following table presents the changes in accumulated other comprehensive (loss)/income (AOCI), net of tax by component:

Foreign Currency Translation AdjustmentsPension ActivityZinc ContractsForeign Currency ContractsInterest Rate ContractsTotal
Balance at September 30, 2019$(124.0) $(173.3) $0.2  $3.1  $(4.3) $(298.3) 
OCI before reclassifications(22.5) (1.1) (2.4) (0.8) (5.1) (31.9) 
Reclassifications to earnings—  4.4  0.5  (3.5) 2.1  3.5  
Activity related to discontinued operations19.3  3.0  (0.9) —  —  21.4  
Balance at June 30, 2020$(127.2) $(167.0) $(2.6) $(1.2) $(7.3) $(305.3) 
The following table presents the reclassifications out of AOCI to earnings:

For the Quarter Ended June 30,For the Nine Months Ended June 30,
2020201920202019
Details of AOCI ComponentsAmount Reclassified
from AOCI (1)		Amount Reclassified
from AOCI (1)		Affected Line Item in the Combined Statements of Earnings
Gains and losses on cash flow hedges
Foreign currency contracts$1.8  $1.9  $4.5  $6.7  Cost of products sold
Interest rate contracts(1.6) 0.2  (2.7) 0.4  Interest expense
Zinc contracts(0.3) —  (0.6) —  Cost of products sold
(0.1) 2.1  1.2  7.1  (Loss)/Earnings before income taxes
—  (0.4) (0.3) (1.6) Income tax expense
$(0.1) $1.7  $0.9  $5.5  Net (loss)/earnings
Amortization of defined benefit pension items
Actuarial loss(1.9) (1.3) (5.7) (3.8) (2)
0.5  0.2  1.3  0.6  Income tax benefit
$(1.4) $(1.1) $(4.4) $(3.2) Net loss
Total reclassifications to earnings$(1.5) $0.6  $(3.5) $2.3  Net (loss)/earnings
(1) Amounts in parentheses indicate debits to Consolidated (Condensed) Statement of Earnings and Comprehensive Income.
(2) This AOCI component is included in the computation of net periodic pension (benefit)/cost (see Note 13, Pension Plans, for further details).