Other Comprehensive (Loss) Income

3 Months Ended

Mar. 31, 2020

The following tables present the pre-tax, tax, and after-tax components of GCP's other comprehensive (loss) income for the three months ended March 31, 2020 and 2019:


	Three Months Ended March 31, 2020
(In millions)	Pre-Tax Amount		Tax Expense		After-Tax Amount
Defined benefit pension and other postretirement plans	$	0.1	$	—	$	0.1









Currency translation adjustments⁽¹⁾	$	(33.4)	$	(0.4)	$	(33.8)
Gain from hedging activities	$	0.2	$	—	$	0.2


Other comprehensive loss attributable to GCP shareholders	$	(33.1)	$	(0.4)	$	(33.5)


	Three Months Ended March 31, 2019
(In millions)	Pre-Tax Amount		Tax Expense		After-Tax Amount
Currency translation adjustments	$	3.3	$	—	$	3.3
Loss from hedging activities	(0.1)		—		(0.1)

Other comprehensive income attributable to GCP shareholders	$	3.2	$	—	$	3.2

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⁽¹⁾Currency translation adjustments related to the net investment hedge are presented net of income taxes, as discussed in Note 5, "Derivative Instruments."

The following tables present the changes in accumulated other comprehensive loss, net of tax, for the three months ended March 31, 2020 and 2019:


(In millions)	Defined Benefit Pension and Other Postretirement Plans		Currency Translation Adjustments		Hedging Activities		Total
Balance, December 31, 2019	$	(2.7)	$	(114.2)	$	(0.1)	$	(117.0)
Current period other comprehensive income (loss)	0.1		(33.8)		0.2		(33.5)


Balance, March 31, 2020	$	(2.6)	$	(148.0)	$	0.1	$	(150.5)


(In millions)	Defined Benefit Pension and Other Postretirement Plans		Currency Translation Adjustments		Hedging Activities		Total
Balance, December 31, 2018	$	(2.2)	$	(117.8)	$	—	$	(120.0)


Current period other comprehensive income (loss)	—		3.3		(0.1)		3.2
Balance, March 31, 2019	$	(2.2)	$	(114.5)	$	(0.1)	$	(116.8)

Please refer to Note 9, "Pension Plans and Other Postretirement Benefit Plans," for a discussion of pension plans and other postretirement benefit plans.