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Accumulated Other Comprehensive (Loss) Income (Tables)
 3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Other Comprehensive (Loss) Income
The before tax (loss) income and related income tax effect are as follows.

  
For the Three Month Period Ended
March 31, 2020
    
For the Three Month Period Ended
March 31, 2019
  
   
Before-Tax
Amount
    
Tax
Expense
    
Net of Tax
Amount
    
Before-Tax
Amount
    
Tax
(Expense)
or Benefit
    
Net of Tax
Amount
  
Foreign currency translation adjustments, net
  
$
(89.5
)
  
$
(2.7
)
  
$
(92.2
)
  
$
4.5
    
$
(4.6
)
  
$
(0.1
)
Unrecognized gains on cash flow hedges, net
    
1.6
      
(0.4
)
    
1.2
      
1.3
      
0.6
      
1.9
  
Pension and other postretirement benefit prior service cost and gain or loss, net
    
3.5
      
(0.6
)
    
2.9
      
0.1
      
0.1
      
0.2
  
Other comprehensive (loss) income
  
$
(84.4
)
  
$
(3.7
)
  
$
(88.1
)
  
$
5.9
    
$
(3.9
)
  
$
2.0
  
Changes in Accumulated Other Comprehensive (Loss) Income
Changes in accumulated other comprehensive (loss) income by component for the three month periods ended March 31, 2020 and 2019 are presented in the following table (1).

  
Foreign
Currency
Translation
Adjustments, Net
    
Unrealized
(Losses) Gains
on Cash Flow
Hedges
    
Pension and
Postretirement
Benefit Plans
    
Total
  
Balance as of December 31, 2019
  
$
(193.6
)
  
$
(10.9
)
  
$
(51.5
)
  
$
(256.0
)
Other comprehensive (loss) income before reclassifications
    
(92.2
)
    
(2.8
)
    
2.4
      
(92.6
)
Amounts reclassified from accumulated other comprehensive (loss) income
    
—
      
4.0
      
0.5
      
4.5
  
Other comprehensive (loss) income
    
(92.2
)
    
1.2
      
2.9
      
(88.1
)
Balance as of March 31, 2020
  
$
(285.8
)
  
$
(9.7
)
  
$
(48.6
)
  
$
(344.1
)

On January 1, 2019, the Company adopted ASU 2018-02 which reclassified stranded tax effects resulting from the Tax Cuts and Jobs Act from accumulated other comprehensive (loss) income to retained (deficit) earnings.  The Company recorded a cumulative-effect adjustment which increased “Accumulated other comprehensive loss” of the Condensed Consolidated Balance Sheet by $8.2 million.

  
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) income 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
)

(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, 2020 and 2019 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,
2020
    
For the
Three Month
Period Ended
March 31,
2019
    
Affected Line in the
Statement Where Net
Income is Presented
  
Loss on cash flow hedges Interest rate swaps
  
$
5.3
    
$
3.7
    
Interest expense
  
     
5.3
      
3.7
    
Total before tax
  
     
(1.3
)
    
(0.9
)
  
Benefit for income taxes
  
   
$
4.0
    
$
2.8
    
Net of tax
  
Amortization of defined benefit pension and other postretirement benefit items
  
$
0.7
    
$
0.5
        
(1) 
     
0.7
      
0.5
    
Total before tax
  
     
(0.2
)
    
(0.1
)
  
Benefit for income taxes
  
   
$
0.5
    
$
0.4
    
Net of tax
  
Total reclassifications for the period
  
$
4.5
    
$
3.2
    
Net of tax
  

(1)
These components are included in the computation of net periodic benefit cost.  See Note 7 “Benefit Plans” for additional details.