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Accumulated Other Comprehensive (Loss) Income (Tables)
3 Months Ended
Mar. 31, 2019
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Other Comprehensive (Loss) Income
The before tax income (loss) and related income tax effect are as follows.

  
For the Three Month Period Ended
March 31, 2019
  
For the Three Month Period Ended
March 31, 2018
 
  
Before-Tax
Amount
  
Tax
(Expense)
or Benefit
  
Net of Tax
Amount
  
Before-Tax
Amount
  
Tax
Benefit
or (Expense)
  
Net of Tax
Amount
 
                   
Foreign currency translation adjustments, net
 
$
4.5
  
$
(4.6
)
 
$
(0.1
)
 
$
29.7
   
4.7
  
$
34.4
 
Unrecognized gains on cash flow hedges, net
  
1.3
   
0.6
   
1.9
   
15.1
   
(3.7
)
  
11.4
 
Pension and other postretirement benefit prior service cost and gain or loss, net
  
0.1
   
0.1
   
0.2
   
(1.2
)
  
1.6
   
0.4
 
Other comprehensive income
 
$
5.9
  
$
(3.9
)
 
$
2.0
  
$
43.6
  
$
2.6
  
$
46.2
 
Changes in Accumulated Other Comprehensive (Loss) Income
Changes in accumulated other comprehensive (loss) income by component for the three month periods ended March 31, 2019 and 2018 are presented in the following table .

  
Foreign
Currency
Translation
Adjustments, Net
  
Unrealized
(Losses) Gains
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Total
 
Balance as of December 31, 2018
 
$
(190.6
)
 
$
(11.4
)
 
$
(45.0
)
 
$
(247.0
)
Other comprehensive loss before reclassifications
  
(0.1
)
  
(0.9
)
  
(0.2
)
  
(1.2
)
Amounts reclassified from accumulated other comprehensive (loss) income
  
-
   
2.8
   
0.4
   
3.2
 
Other comprehensive (loss) income
  
(0.1
)
  
1.9
   
0.2
   
2.0
 
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2018-02)
  
(1.5
)
  
(6.7
)
  
-
   
(8.2
)
Balance as of March 31, 2019
 
$
(192.2
)
 
$
(16.2
)
 
$
(44.8
)
 
$
(253.2
)

  
Foreign
Currency
Translation
Adjustments, Net
  
Unrealized
(Losses) Gains
on Cash Flow
Hedges
  
Pension and
Postretirement
Benefit Plans
  
Total
 
Balance as of December 31, 2017
 
$
(129.6
)
 
$
(29.8
)
 
$
(40.4
)
 
$
(199.8
)
Other comprehensive income before reclassifications
  
34.4
   
7.8
   
-
   
42.2
 
Amounts reclassified from accumulated other comprehensive (loss) income
  
-
   
3.6
   
0.4
   
4.0
 
Other comprehensive income
  
34.4
   
11.4
   
0.4
   
46.2
 
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)
  
-
   
0.3
   
-
   
0.3
 
Balance as of March 31, 2018
 
$
(95.2
)
 
$
(18.1
)
 
$
(40.0
)
 
$
(153.3
)


(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 three month periods ended March 31, 2019 and 2018 are presented in the following table:

Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
 
Details about Accumulated
Other Comprehensive
(Loss) Income Components
 
For the
Three Month
Period Ended
March 31,
2019
  
For the
Three Month
Period Ended
March 31,
2018
  
Affected Line in the
Statement Where Net
Income is Presented
 
Loss on cash flow hedges
         
Interest rate swaps
 
$
3.7
  
$
4.8
  
Interest expense
 
   
3.7
   
4.8
  
Total before tax
 
   
(0.9
)
  
(1.2
)
 
Income tax benefit
 
  
$
2.8
  
$
3.6
  
Net of tax
 
Amortization of defined benefit pension and other postretirement benefit items
 
$
0.5
  
$
0.5
  
(1)

   
0.5
   
0.5
  
Total before tax
 
   
(0.1
)
  
(0.1
)
 
Income tax benefit
 
  
$
0.4
  
$
0.4
  
Net of tax
 
Total reclassifications for the period
 
$
3.2
  
$
4.0
  
Net of tax
 


(1)
These components are included in the computation of net periodic benefit cost.  See Note 7 “Pension and Other Postretirement Benefits” for additional details.