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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Other Comprehensive (Loss) Income
The before tax income (loss) and related income tax effect are as follows.
Foreign Currency Translation Adjustments, NetUnrealized Gains (Losses) on Cash Flow HedgesPension and Postretirement Benefit PlansTotal
Balance as of December 31, 2017$(129.6)$(29.8)$(40.4)$(199.8)
Before tax income(54.3)25.3 (7.7)(36.7)
Income tax effect(6.7)(7.2)3.1 (10.8)
Other comprehensive income (loss)(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 income (loss)(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)
Before tax income (loss)253.1 14.2 (11.5)255.8 
Income tax effect15.1 (3.3)2.6 14.4 
Other comprehensive income (loss)268.2 10.9 (8.9)270.2 
Balance as of December 31, 2020$74.6 $— $(60.4)$14.2 
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income
Changes in accumulated other comprehensive income (loss) by component for the periods described below are presented in the following table(1).
Foreign Currency Translation Adjustments, NetUnrealized Gains (Losses) on Cash Flow HedgesPension and Postretirement Benefit PlansTotal
Balance as of December 31, 2017$(129.6)$(29.8)$(40.4)$(199.8)
Other comprehensive income before reclassifications(61.0)6.6 (6.0)(60.4)
Amounts reclassified from accumulated other comprehensive income (loss)— 11.5 1.4 12.9 
Other comprehensive income (loss)(61.0)18.1 (4.6)(47.5)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2017-12)— 0.3 — 0.3 
Balance as of December 31, 2018$(190.6)$(11.4)$(45.0)$(247.0)
Other comprehensive income (loss) before reclassifications(1.5)(4.7)(8.2)(14.4)
Amounts reclassified from accumulated other comprehensive income (loss)— 11.9 1.7 13.6 
Other comprehensive income (loss)(1.5)7.2 (6.5)(0.8)
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2018-02)(1.5)(6.7)— (8.2)
Balance as of December 31, 2019$(193.6)$(10.9)$(51.5)$(256.0)
Other comprehensive loss before reclassifications268.2 (3.0)(11.2)254.1 
Amounts reclassified from accumulated other comprehensive income (loss)— 13.9 2.3 16.1 
Other comprehensive income (loss)268.2 10.9 (8.9)270.2 
Balance as of December 31, 2020$74.6 $— $(60.4)$14.2 
(1)All amounts are net of tax. Amounts in parentheses indicate debits.
Schedule of Reclassification out of Accumulated Other Comprehensive Income
Reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2020, 2019 and 2018 are presented in the following table.
Amount Reclassified from Accumulated Other Comprehensive Income (Loss)
Details about Accumulated Other Comprehensive Income (Loss) Components202020192018Affected Line(s) in the Statement Where Net Income is Presented
Loss on cash flow hedges (interest rate swaps)$18.5 $15.6 $15.1 Interest expense
Benefit for income taxes(4.6)(3.7)(3.6)Benefit for income taxes
Loss on cash flow hedges (interest rate swaps), net of tax$13.9 $11.9 $11.5 
Amortization of defined benefit pension and other postretirement benefit items(1)
$3.0 $2.2 $1.8 Cost of sales and Selling and administrative expenses
Benefit for income taxes(0.8)(0.5)(0.4)Benefit for income taxes
Amortization of defined benefit pension and other postretirement benefit items, net of tax$2.3 $1.7 $1.4 
Total reclassifications for the period$16.1 $13.6 $12.9 
(1)These components are included in the computation of net periodic benefit cost. See Note 11 “Benefit Plans” for additional details.