XML 61 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2017
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Accumulated Other Comprehensive (Loss) Income Balances
The before tax (loss) income, related income tax effect and accumulated balances are as follows:

  
Cumulative
Currency
Translation
Adjustment
  
Foreign
Currency
Gains and
(Losses)
  
Unrealized
(Losses) Gains
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Accumulated
Other
Comprehensive
Income
 
Balance at December 31, 2014
 
$
(111.7
)
 
$
42.4
  
$
(25.4
)
 
$
(40.6
)
 
$
(135.3
)
Before tax (loss) income
  
(136.3
)
  
56.8
   
(25.6
)
  
(13.3
)
  
(118.4
)
Income tax effect
  
-
   
(24.2
)
  
9.7
   
2.6
   
(11.9
)
Other comprehensive (loss) income
  
(136.3
)
  
32.6
   
(15.9
)
  
(10.7
)
  
(130.3
)
Balance at December 31, 2015
  
(248.0
)
  
75.0
   
(41.3
)
  
(51.3
)
  
(265.6
)
Before tax (loss) income
  
(76.2
)
  
21.0
   
(1.5
)
  
(14.3
)
  
(71.0
)
Income tax effect
  
-
   
(7.4
)
  
0.6
   
1.0
   
(5.8
)
Other comprehensive (loss) income
  
(76.2
)
  
13.6
   
(0.9
)
  
(13.3
)
  
(76.8
)
Balance at December 31, 2016
  
(324.2
)
  
88.6
   
(42.2
)
  
(64.6
)
  
(342.4
)
Before tax income (loss)
  
157.6
   
(82.8
)
  
20.0
   
29.8
   
124.6
 
Income tax effect
  
-
   
31.2
   
(7.6
)
  
(5.6
)
  
18.0
 
Other comprehensive income (loss)
  
157.6
   
(51.6
)
  
12.4
   
24.2
   
142.6
 
Balance at December 31, 2017
  
(166.6
)
  
37.0
   
(29.8
)
  
(40.4
)
  
(199.8
)
Changes in Accumulated Other Comprehensive (Loss) Income
Changes in accumulated other comprehensive (loss) income by component for the periods described below are presented in the following table(1):
 
  
Cumulative
Currency
Translation
Adjustment
  
Foreign
Currency
(Losses) and
Gains
  
Unrealized
Gains (Losses)
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Total
 
Balance as of December 31, 2015
 
$
(248.0
)
 
$
75.0
  
$
(41.3
)
 
$
(51.3
)
 
$
(265.6
)
Other comprehensive (loss) income before reclassifications
  
(76.2
)
  
13.6
   
(8.1
)
  
(15.2
)
  
(85.9
)
Amounts reclassified from accumulated other comprehensive income
  
-
   
-
   
7.2
   
1.9
   
9.1
 
Other comprehensive (loss) income
  
(76.2
)
  
13.6
   
(0.9
)
  
(13.3
)
  
(76.8
)
Balance at December 31, 2016
 
$
(324.2
)
 
$
88.6
  
$
(42.2
)
 
$
(64.6
)
 
$
(342.4
)
Other comprehensive income (loss)  before reclassifications
  
157.6
   
(51.6
)
  
0.9
   
21.1
   
128.0
 
Amounts reclassified from accumulated other comprehensive income
  
-
   
-
   
11.5
   
3.1
   
14.6
 
Other comprehensive income (loss)
  
157.6
   
(51.6
)
  
12.4
   
24.2
   
142.6
 
Balance at December 31, 2017
 
$
(166.6
)
 
$
37.0
  
$
(29.8
)
 
$
(40.4
)
 
$
(199.8
)

(1)
All amounts are net of tax. Amounts in parentheses indicate debits.
Reclassifications out of Accumulated Other Comprehensive (Loss) Income
Reclassifications out of accumulated other comprehensive (loss) income for the years ended December 31, 2017 and 2016 are presented in the following table.
 
Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
 
Details about Accumulated
Other Comprehensive
Income Components
 
2017
  
2016
  
Affected Line in the
Statement Where Net
Income is Presented
 
Loss on cash flow hedges Interest rate swaps
 
$
18.5
  
$
11.6
  
Interest expense
 
   
18.5
   
11.6
  
Total before tax
 
   
(7.0
)
  
(4.4
)
 
Income tax benefit
 
  
$
11.5
  
$
7.2
  
Net of tax
 
            
Amortization of defined benefit pension and other postretirement benefit items
 
$
5.0
  
$
3.0
  
(1) 
   
5.0
   
3.0
  
Total before tax
 
   
(1.9
)
  
(1.1
)
 
Income tax benefit
 
  
$
3.1
  
$
1.9
  
Net of tax
 
Total reclassifications for the period
 
$
14.6
  
$
9.1
  
Net of tax
 

(1)
These components are included in the computation of net periodic benefit cost (see Note 11 “Benefit Plans” for additional details).