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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of accumulated other comprehensive income loss
A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three months ended March 31, 2020 is provided below (in millions):
(debit) credit
Cash flow
hedge (loss)
gain
Unrealized
gain (loss) on
available-for-
sale securities
Pension
and post
retirement
benefit plan
adjustment
Cumulative
translation
adjustment
Total
BALANCE AT DECEMBER 31, 2019
$
(0.5
)
$
0.6

$
(203.2
)
$
(129.8
)
$
(332.9
)
Other comprehensive income (loss) before reclassifications
1.8

(0.1
)
—

(25.6
)
(23.9
)
Amounts reclassified from accumulated other comprehensive loss
(0.2
)
—

1.7

—

1.5

Current period other comprehensive income (loss)
1.6

(0.1
)
1.7

(25.6
)
(22.4
)
BALANCE AT MARCH 31, 2020
$
1.1

$
0.5

$
(201.5
)
$
(155.4
)
$
(355.3
)

Reclassifications out of accumulated other comprehensive income
A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three months ended March 31, 2020 and 2019 is provided below (in millions): 
 
Three Months Ended March 31,
 
Details about Accumulated Other
Comprehensive Loss Components
2020
2019
Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
 

 

 
Forward exchange contracts
$
0.1

$
0.2

Net sales
 
0.2

0.3

Cost of goods sold
 
0.3

0.5

Total before tax
 
(0.1
)
(0.2
)
Tax benefit (expense)
 
$
0.2

$
0.3

Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
 

 

 
Prior-service costs (a)
$
0.1

$
0.2

 
Actuarial gains/(losses) (a)
(2.4
)
(2.2
)
 
 
(2.3
)
(2.0
)
Total before tax
 
0.6

0.5

Tax benefit (expense)
 
$
(1.7
)
$
(1.5
)
Gain (loss) net of tax
Gains (losses) reclassified into earnings
$
(1.5
)
$
(1.2
)
 
(a)
These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 11 – Pension and Other Benefits in the Notes to Condensed Consolidated Financial Statements for additional details).