Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

	MCBC stockholders' equity
	Foreign currency translation adjustments		Gain (loss) on derivative instruments		Pension and postretirement benefit adjustments		Equity method investments		Accumulated other comprehensive income (loss)
	(In millions)
As of December 31, 2020	$	(539.5)	$	(173.9)	$	(397.7)	$	(56.7)	$	(1,167.8)
Foreign currency translation adjustments	40.5		—		—		—		40.5
Reclassification of cumulative translation adjustment to income (loss)(1)	7.5		—		—		—		7.5
Gain (loss) on net investment hedges	37.4		—		—		—		37.4
Unrealized gain (loss) on derivative instruments	—		58.7		—		—		58.7
Reclassification of derivative (gain) loss to income (loss)	—		5.3		—		—		5.3
Amortization of net prior service (benefit) cost and net actuarial (gain) loss to income (loss)	—		—		0.8		—		0.8
Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)	—		—		—		1.0		1.0
Tax benefit (expense)	(4.2)		(16.9)		(0.2)		(0.2)		(21.5)
As of June 30, 2021	$	(458.3)	$	(126.8)	$	(397.1)	$	(55.9)	$	(1,038.1)

(1)    As a result of the sale of a disposal group within our India business, the associated cumulative foreign currency translation adjustment was reclassified from AOCI and recognized within special items.