Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2021

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

8. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table represents amounts reclassified from accumulated other comprehensive loss for the three months ended September 30, 2021 and 2020:

	Three Months Ended September 30, 2021		Three Months Ended ‎September 30, 2020
	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 Condensed Consolidated Statement of Income:
Non-operating expenses(A)	$	25.3	$	25.3
Tax benefit		(6.5)		(6.5)
Total reclassifications for the period, net of tax	$	18.8	$	18.8

^(A) A settlement charge of $16.7 million and $17.7 million is included in 2021 and 2020 non-operating expenses, respectively.

The following table represents amounts reclassified from accumulated other comprehensive loss for the nine months ended September 30, 2021 and 2020:

	Nine Months Ended September 30, 2021		Nine Months Ended September 30, 2020
	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 Condensed Consolidated Statement of Income:
Non-operating expenses(B)	$	42.6	$	40.4
Tax benefit		(11.0)		(10.4)
Total reclassifications for the period, net of tax	$	31.6	$	30.0

^(B) A settlement charge of $16.7 million and $17.7 million is included in 2021 and 2020 non-operating expenses, respectively.

The following table represents the activity included in accumulated other comprehensive loss for the three months ended September 30, 2021 and 2020:

	Three Months Ended September 30, 2021						Three Months Ended September 30, 2020
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance July 1,	$	(1.7)	$	(228.8)	$	(230.5)	$	(12.7)	$	(231.7)	$	(244.4)
Other comprehensive (loss) income before reclassifications		(3.3)		—		(3.3)		2.1		—		2.1
Amounts reclassified from accumulated other comprehensive income (net of tax $(6.5) and $(6.5))		—		18.8		18.8		—		18.8		18.8
Actuarial gain (loss) (net of tax of $(5.1) and $3.5)		—		14.9		14.9		—		(10.2)		(10.2)
Net current-period other comprehensive (loss) income		(3.3)		33.7		30.4		2.1		8.6		10.7
Ending balance September 30,	$	(5.0)	$	(195.1)	$	(200.1)	$	(10.6)	$	(223.1)	$	(233.7)

The following table represents the activity included in accumulated other comprehensive loss for the nine months ended September 30, 2021 and 2020:

	Nine Months Ended September 30, 2021						Nine Months Ended September 30, 2020
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance January 1,	$	(5.1)	$	(241.6)	$	(246.7)	$	(7.7)	$	(242.9)	$	(250.6)
Other comprehensive income (loss) before reclassifications		0.1		—		0.1		(2.9)		—		(2.9)
Amounts reclassified from accumulated other comprehensive income (net of tax $(11.0) and $(10.4))		—		31.6		31.6		—		30.0		30.0
Actuarial gain (loss) (net of tax of $(5.1) and $3.5)		—		14.9		14.9		—		(10.2)		(10.2)
Net current-period other comprehensive income (loss)		0.1		46.5		46.6		(2.9)		19.8		16.9
Ending balance September 30,	$	(5.0)	$	(195.1)	$	(200.1)	$	(10.6)	$	(223.1)	$	(233.7)