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Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Other Comprehensive (Loss) Income
The before tax (loss) income and related income tax effect are as follows.

  
Cumulative
Currency
Translation
Adjustment
  
Unrealized
(Losses) Gains
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Accumulated
Other
Comprehensive
Income
 
Balance as of December 31, 2015
 
$
(173.0
)
 
$
(41.3
)
 
$
(51.3
)
 
$
(265.6
)
Before tax loss
  
(55.2
)
  
(1.5
)
  
(14.3
)
  
(71.0
)
Income tax effect
  
(7.4
)
  
0.6
   
1.0
   
(5.8
)
Other comprehensive loss
  
(62.6
)
  
(0.9
)
  
(13.3
)
  
(76.8
)
Balance as of December 31, 2016
 
$
(235.6
)
 
$
(42.2
)
 
$
(64.6
)
 
$
(342.4
)
Before tax income
  
74.8
   
20.0
   
29.8
   
124.6
 
Income tax effect
  
31.2
   
(7.6
)
  
(5.6
)
  
18.0
 
Other comprehensive income
  
106.0
   
12.4
   
24.2
   
142.6
 
Balance as of December 31, 2017
 
$
(129.6
)
 
$
(29.8
)
 
$
(40.4
)
 
$
(199.8
)
Before tax (loss) income
  
(54.3
)
  
25.3
   
(7.7
)
  
(36.7
)
Income tax effect
  
(6.7
)
  
(7.2
)
  
3.1
   
(10.8
)
Other comprehensive (loss) income
  
(61.0
)
  
18.1
   
(4.6
)
  
(47.5
)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)
  
-
   
0.3
   
-
   
0.3
 
Balance as of December 31, 2018
  
(190.6
)
  
(11.4
)
  
(45.0
)
  
(247.0
)
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
  
Unrealized
Gains (Losses)
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Total
 
Balance as of December 31, 2015
 
$
(173.0
)
 
$
(41.3
)
 
$
(51.3
)
 
$
(265.6
)
Other comprehensive loss before reclassifications
  
(62.6
)
  
(8.1
)
  
(15.2
)
  
(85.9
)
Amounts reclassified from accumulated other comprehensive (loss) income
  
-
   
7.2
   
1.9
   
9.1
 
Other comprehensive loss
  
(62.6
)
 
$
(0.9
)
  
(13.3
)
  
(76.8
)
Balance as of December 31, 2016
 
$
(235.6
)
 
$
(42.2
)
 
$
(64.6
)
 
$
(342.4
)
Other comprehensive income before reclassifications
  
106.0
   
0.9
   
21.1
   
128.0
 
Amounts reclassified from accumulated other comprehensive (loss) income
  
-
   
11.5
   
3.1
   
14.6
 
Other comprehensive income
  
106.0
   
12.4
   
24.2
   
142.6
 
Balance as of December 31, 2017
 
$
(129.6
)
 
$
(29.8
)
 
$
(40.4
)
 
$
(199.8
)
Other comprehensive (loss) income before reclassifications
  
(61.0
)
  
6.6
   
(6.0
)
  
(60.4
)
Amounts reclassified from accumulated other comprehensive (loss) income
  
-
   
11.5
   
1.4
   
12.9
 
Other comprehensive (loss) income
  
(61.0
)
  
18.1
   
(4.6
)
  
(47.5
)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)
   -    0.3    -    0.3 
Balance as of December 31, 2018
 
$
(190.6
)
 
$
(11.4
)
 
$
(45.0
)
 
$
(247.0
)


(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, 2018 and 2017 are presented in the following table.

Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
 
Details about Accumulated
Other Comprehensive
Income Components
 
2018
  
2017
  
2016
  
Affected Line in the
Statement Where Net
Income is Presented
 
Loss on cash flow hedges Interest rate swaps
 
$
15.1
  
$
18.5
  
$
11.6
  
Interest expense
 
   
15.1
   
18.5
   
11.6
  
Total before tax
 
   
(3.6
)
  
(7.0
)
  
(4.4
)
 
Income tax benefit
 
  
$
11.5
  
$
11.5
  
$
7.2
  
Net of tax
 

               
Amortization of defined benefit pension and other postretirement benefit items
 
$
1.8
  
$
5.0
  
$
3.0
  
(1)

   
1.8
   
5.0
   
3.0
  
Total before tax
 
   
(0.4
)
  
(1.9
)
  
(1.1
)
 
Income tax benefit
 
  
$
1.4
  
$
3.1
  
$
1.9
  
Net of tax
 
Total reclassifications for the period
 
$
12.9
  
$
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).