Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2021

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

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three months ended March 31, 2021 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, 2020	$	(0.7)	$	1.0	$	(212.0)	$	(117.5)	$	(329.2)
Other comprehensive income (loss) before reclassifications	(0.2)		(0.1)		—		(6.6)		(6.9)
Amounts reclassified from accumulated other comprehensive loss	0.3		—		2.0		—		2.3
Current period other comprehensive income (loss)	0.1		(0.1)		2.0		(6.6)		(4.6)
BALANCE AT MARCH 31, 2021	$	(0.6)	$	0.9	$	(210.0)	$	(124.1)	$	(333.8)

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three months ended March 31, 2021 and 2020 is provided below (in millions):


	Three Months Ended March 31,
Details about Accumulated Other Comprehensive Loss Components	2021		2020		Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
Forward exchange contracts	$	(0.1)	$	0.1	Net sales
	(0.3)		0.2		Cost of goods sold
	(0.4)		0.3		Total before tax
	0.1		(0.1)		Tax benefit (expense)
	$	(0.3)	$	0.2	Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
Prior-service costs (a)	$	—	$	0.1
Actuarial gains/(losses) (a)	(2.7)		(2.4)

	(2.7)		(2.3)		Total before tax
	0.7		0.6		Tax benefit (expense)
	$	(2.0)	$	(1.7)	Gain (loss) net of tax









Gains (losses) reclassified into earnings	$	(2.3)	$	(1.5)

(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).