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Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)
 9 Months Ended
Sep. 30, 2018
Statement of Comprehensive Income [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
11. Accumulated Other Comprehensive Income (Loss)
 
MCBC shareholders
 
Foreign
currency
translation
adjustments
 
Gain (loss) on
derivative
and non-derivative instruments
 
Pension and
postretirement
benefit
adjustments
 
Equity method
investments
 
Accumulated
other
comprehensive
income (loss)
 
(In millions)
As of December 31, 2017
$
(314.6
)
 
$
(110.9
)
 
$
(375.0
)
 
$
(59.5
)
 
$
(860.0
)
Foreign currency translation adjustments
(212.6
)
 
81.6

 
(1.0
)
 
—

 
(132.0
)
Unrealized gain (loss) on derivative instruments
—

 
26.7

 
—

 
—

 
26.7

Reclassification of derivative (gain) loss to income
—

 
2.7

 
—

 
—

 
2.7

Amortization of net prior service (benefit) cost and net actuarial (gain) loss to income
—

 
—

 
5.0

 
—

 
5.0

Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)
—

 
—

 
—

 
0.2

 
0.2

Tax benefit (expense)
(9.9
)
 
(28.1
)
 
(0.9
)
 
(0.1
)
 
(39.0
)
As of September 30, 2018
$
(537.1
)
 
$
(28.0
)
 
$
(371.9
)
 
$
(59.4
)
 
$
(996.4
)
Schedule of Reclassifications from Accumulated Other Comprehensive Income to Earnings
 
Three Months Ended
 
Nine Months Ended
 
 
 
September 30, 2018
 
September 30, 2017
 
September 30, 2018
 
September 30, 2017
 
 
 
Reclassifications from AOCI
 
Location of gain (loss)
recognized in income
 
(In millions)
 
 
Gain/(loss) on cash flow hedges:
 
 
 
 
 
 
 
 
 
Forward starting interest rate swaps
$
(0.8
)
 
$
(1.0
)
 
$
(2.3
)
 
$
(2.9
)
 
Interest expense, net
Foreign currency forwards
0.4

 
(0.5
)
 
(0.5
)
 
4.2

 
Cost of goods sold
Foreign currency forwards
0.1

 
0.1

 
0.1

 
(2.0
)
 
Other income (expense), net
Total income (loss) reclassified, before tax
(0.3
)
 
(1.4
)
 
(2.7
)
 
(0.7
)
 
 
Income tax benefit (expense)
0.1

 
0.5

 
0.7

 
0.2

 
 
Net income (loss) reclassified, net of tax
$
(0.2
)
 
$
(0.9
)
 
$
(2.0
)
 
$
(0.5
)
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of defined benefit pension and other postretirement benefit plan items:
 
 
 
 
 
 
 
 
 
Prior service benefit (cost)
$
—

 
$
(0.2
)
 
$
(0.3
)
 
$
(0.5
)
 
Other pension and postretirement benefits (costs), net
Curtailment and net actuarial gain (loss)
(1.4
)
 
(3.9
)
 
(4.7
)
 
(5.7
)
 
Other pension and postretirement benefits (costs), net
Total income (loss) reclassified, before tax
(1.4
)
 
(4.1
)
 
(5.0
)
 
(6.2
)
 
 
Income tax benefit (expense)
0.3

 
(0.5
)
 
0.9

 
(2.1
)
 
 
Net income (loss) reclassified, net of tax
$
(1.1
)
 
$
(4.6
)
 
$
(4.1
)
 
$
(8.3
)
 
 
 
 
 
 
 
 
 
 
 
 
Total income (loss) reclassified, net of tax
$
(1.3
)
 
$
(5.5
)
 
$
(6.1
)
 
$
(8.8
)