Changes in accumulated other comprehensive loss by component for the years ended July 31, 2019 and 2018 are as follows (in millions):



	Foreign currency translation adjustment			Pension benefits				Derivative financial instruments				Total
Balance as of July 31, 2018, net of tax	$	(66.1	)	$	(82.9	)		$	(0.8	)		$	(149.8	)
Other comprehensive (loss) income before reclassifications and tax	(26.6		)	(16.3		)		(0.6		)		(43.5		)
Tax benefit	—			4.1				0.1				4.2
Other comprehensive (loss) income before reclassifications, net of tax	(26.6		)	(12.2		)		(0.5		)		(39.3		)
Reclassifications, before tax	—			(4.8		)		0.1				(4.7		)
Tax benefit	—			0.9				—				0.9
Reclassifications, net of tax	—			(3.9		)	(2)	0.1			(1)	(3.8		)
Other comprehensive (loss) income, net of tax	(26.6		)	(16.1		)		(0.4		)		(43.1		)
Balance as of July 31, 2019, net of tax	$	(92.7	)	$	(99.0	)		$	(1.2	)		$	(192.9	)

Balance as of July 31, 2017, net of tax	$	(58.8	)	$	(95.1	)		$	(3.1	)		$	(157.0	)
Other comprehensive (loss) income before reclassifications and tax	(7.3		)	11.4				3.2				7.3
Tax expense	—			(3.0		)		(1.1		)		(4.1		)
Other comprehensive (loss) income before reclassifications, net of tax	(7.3		)	8.4				2.1				3.2
Reclassifications, before tax	—			5.5				0.2				5.7
Tax expense	—			(1.7		)		—				(1.7		)
Reclassifications, net of tax	—			3.8			(2)	0.2			(1)	4.0
Other comprehensive (loss) income, net of tax	(7.3		)	12.2				2.3				7.2
Balance as of July 31, 2018, net of tax	$	(66.1	)	$	(82.9	)		$	(0.8	)		$	(149.8	)


(1)	Relates to foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to other income, net (see Note 1).


(2)	Primarily includes net amortization of prior service costs and actuarial losses included in net periodic benefit cost (see Note 11) that were reclassified from accumulated other comprehensive loss to operating expenses or cost of sales.