OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION

6 Months Ended

Jun. 30, 2020

OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION

OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION

10. OTHER COMPREHENSIVE INCOME (LOSS) INFORMATION

Other comprehensive income (loss) includes net income, foreign currency translation adjustments, unrecognized gains and losses on securities, defined benefit pension and postretirement plan adjustments, gains and losses on derivative instruments designated and effective as cash flow hedges and non-derivative instruments designated and effective as foreign currency net investment hedges that are charged or credited to the accumulated other comprehensive loss account in shareholders’ equity.

The following tables provide other comprehensive income information related to the Company’s derivatives and hedging instruments and pension and postretirement benefits. Refer to Note 9 for additional information related to the Company’s derivatives and hedging transactions. Refer to Note 14 for additional information related to the Company’s pension and postretirement benefits activity.

	Second Quarter Ended				Six Months Ended
	June 30				June 30
(millions)	2020		2019		2020		2019
Derivative and Hedging Instruments
Unrealized gains (losses) on derivative & hedging instruments
Amount recognized in AOCI		$8.1		$43.0		$17.9		$40.1
(Gains) losses reclassified from AOCI into income
COS		(3.8)		(4.7)		(6.0)		(9.1)
SG&A		6.2		(26.6)		7.3		(19.5)
Interest (income) expense, net		(7.8)		(7.0)		(13.0)		(13.8)
		(5.4)		(38.3)		(11.7)		(42.4)
Other activity		-		(0.1)		-		(0.1)
Tax impact		(0.6)		(1.0)		(1.2)		0.4
Net of tax		$2.1		$3.6		$5.0		$(2.0)
Pension and Postretirement Benefits
Amount reclassified from AOCI into income
Amortization of net actuarial loss and prior service costs and benefits		14.6		0.2		29.4		0.2
		14.6		0.2		29.4		0.2
Other activity		6.6		7.3		8.3		3.3
Tax impact		(3.6)		(0.1)		(7.2)		(0.1)
Net of tax		$17.6		$7.4		$30.5		$3.4

The following table summarizes the derivative and pension and postretirement benefit amounts reclassified from AOCI into income.

	Second Quarter Ended				Six Months Ended
	June 30				June 30
	2020		2019		2020		2019
(millions)
Derivative (gains) losses reclassified from AOCI into income, net of tax		$(4.0)		$(29.0)		$(8.8)		$(32.0)
Pension and postretirement benefits net actuarial losses
and prior services costs reclassified from AOCI into income, net of tax		17.6		7.4		30.5		3.4