Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2020

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

16. ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss as of December 31 are as follows:

		2020		2019
Currency translation	$	(5.1)	$	(7.7)
Pension liability		(227.9)		(232.4)
Postretirement benefits liability		(13.7)		(10.5)
Accumulated other comprehensive loss	$	(246.7)	$	(250.6)

The following table represents the total amounts of actuarial losses recognized that were reclassified from accumulated other comprehensive loss for the years ended December 31, 2020 and 2019:

	2020		2019
	Amortization of Pension ‎and Other ‎Postretirement Benefits Items		Amortization of Pension ‎and Other ‎Postretirement Benefits Items
	Actuarial Losses ‎Recognized		Actuarial Losses ‎Recognized
Affected Line in Consolidated ‎Statement of Income:
Non-operating expenses(A)	$	58.6	$	19.4
Tax benefit		(15.1)		(5.0)
Total reclassifications for the period, net of tax	$	43.5	$	14.4

^(A) A settlement charge of $27.7 million is included in 2020 non-operating expenses.

The following table represents the activity included in accumulated other comprehensive loss for the years ended December 31, 2020 and 2019:

	2020						2019
	Foreign ‎Currency		Pension and ‎Other ‎Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and ‎Other ‎Postretirement ‎Benefits		Total
Beginning balance January 1,	$	(7.7)	$	(242.9)	$	(250.6)	$	(12.4)	$	(227.9)	$	(240.3)
Other comprehensive income before reclassifications		2.6		—		2.6		4.7		—		4.7
Amounts reclassified from accumulated other comprehensive loss (net of tax $(15.1) and $(5.0))		—		43.5		43.5		—		14.4		14.4
Actuarial loss, (net of tax $14.6 and $10.2)		—		(42.2)		(42.2)		—		(29.4)		(29.4)
Net current-period other comprehensive income (loss)		2.6		1.3		3.9		4.7		(15.0)		(10.3)
Ending balance December 31,	$	(5.1)	$	(241.6)	$	(246.7)	$	(7.7)	$	(242.9)	$	(250.6)