XML 55 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2019
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Other Comprehensive (Loss) Income
The before tax (loss) income and related income tax effect are as follows.


 
Foreign
Currency
Translation
Adjustments, Net
   
Unrealized
(Losses) Gains
on Cash Flow
Hedges
   
Pension and
Postretirement
Benefit Plans
   
Total
 
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
)
Before tax income (loss)
   
4.1
     
8.2
     
(9.3
)
   
3.0
 
Income tax effect
   
(5.6
)
   
(1.0
)
   
2.8
     
(3.8
)
Other comprehensive (loss) income
   
(1.5
)
   
7.2
     
(6.5
)
   
(0.8
)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2018-02)
   
(1.5
)
   
(6.7
)
   
     
(8.2
)
Balance as of December 31, 2019
 
$
(193.6
)
 
$
(10.9
)
 
$
(51.5
)
 
$
(256.0
)
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).


 
Foreign
Currency
Translation
Adjustments, Net
   
Unrealized
Gains (Losses)
on Cash Flow
Hedges
   
Pension and
Postretirement
Benefit Plans
   
Total
 
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
)
Other comprehensive loss before reclassifications
   
(1.5
)
   
(4.7
)
   
(8.2
)
   
(14.4
)
Amounts reclassified from accumulated other comprehensive (loss) income
   
     
11.9
     
1.7
     
13.6
 
Other comprehensive (loss) income
   
(1.5
)
   
7.2
     
(6.5
)
   
(0.8
)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2018-02)
   
(1.5
)
   
(6.7
)
   
     
(8.2
)
Balance as of December 31, 2019
 
$
(193.6
)
 
$
(10.9
)
 
$
(51.5
)
 
$
(256.0
)

(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, 2019, 2018 and 2017 are presented in the following table.

Amount Reclassified from Accumulated Other Comprehensive (Loss) Income
Details about Accumulated
Other Comprehensive
(Loss) Income Components
 
2019
   
2018
   
2017
 
Affected Line in the
Statement Where Net
Income is Presented
Loss on cash flow hedges Interest rate swaps
 
$
15.6
   
$
15.1
   
$
18.5
 
Interest expense
     
15.6
     
15.1
     
18.5
 
Total before tax
     
(3.7
)
   
(3.6
)
   
(7.0
)
Benefit for income taxes
   
$
11.9
   
$
11.5
   
$
11.5
 
Net of tax
                               
Amortization of defined benefit pension and other postretirement benefit items
 
$
2.2
   
$
1.8
   
$
5.0
(1) 
 
     
2.2
     
1.8
     
5.0
 
Total before tax
     
(0.5
)
   
(0.4
)
   
(1.9
)
Benefit for income taxes
   
$
1.7
   
$
1.4
   
$
3.1
 
Net of tax
Total reclassifications for the period
 
$
13.6
   
$
12.9
   
$
14.6
 
Net of tax

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