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Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2019
Statement of Comprehensive Income [Abstract]  
Schedule of components of other comprehensive income (loss)
The tax effects on the net activity related to each component of other comprehensive income (loss) were as follows:
 
Three Months Ended
March 31,
Tax benefit (expense)
2019
 
2018
Foreign currency translation gains/losses
$
(19.3
)
 
$
40.1

Unrealized net gains/losses on securities
(4.8
)
 
10.2

Defined benefit pension and retiree health benefit plans
(11.4
)
 
(14.0
)
Effective portion of cash flow hedges
8.0

 
(0.8
)
Benefit/(provision) for income taxes allocated to other comprehensive income (loss) items
$
(27.5
)

$
35.5

The following tables summarize the activity related to each component of other comprehensive income (loss) during the three months ended March 31, 2019 and 2018:
 
Continuing Operations
 
 
 
 
(Amounts presented net of taxes)
Foreign Currency Translation Gains (Losses)
 
Unrealized Net Gains (Losses) on Securities
 
Defined Benefit Pension and Retiree Health Benefit Plans
 
Effective Portion of Cash Flow Hedges
 
Discontinued Operations
 
Accumulated Other Comprehensive Loss
Balance at January 1, 2019 (1)
$
(1,569.7
)
 
$
(22.1
)
 
$
(3,852.7
)
 
$
(238.9
)
 
$
(56.8
)
 
$
(5,740.2
)
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income (loss) before reclassifications
(31.7
)
 
16.8

 
(5.7
)
 
(32.9
)
 
(27.2
)
 
(80.7
)
Net amount reclassified from accumulated other comprehensive loss

 
1.7

 
44.7

 
3.0

 
84.0

 
133.4

Net other comprehensive income (loss)
(31.7
)
 
18.5

 
39.0

 
(29.9
)
 
56.8

 
52.7

 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2019
$
(1,601.4
)
 
$
(3.6
)
 
$
(3,813.7
)
 
$
(268.8
)
 
$

 
$
(5,687.5
)

 
Continuing Operations
 
 
 
 
(Amounts presented net of taxes)
Foreign Currency Translation Gains (Losses)
 
Unrealized Net Gains (Losses) on Securities
 
Defined Benefit Pension and Retiree Health Benefit Plans
 
Effective Portion of Cash Flow Hedges
 
Discontinued Operations
 
Accumulated Other Comprehensive Loss
Balance at January 1, 2018 (2)
$
(1,191.7
)
 
$
113.5

 
$
(4,311.3
)
 
$
(234.3
)
 
$
(71.1
)
 
$
(5,694.9
)
 
 
 
 
 
 
 
 
 
 
 
 
Reclassification due to adoption of new accounting standard (3)

 
(128.9
)
 

 

 

 
(128.9
)
Other comprehensive income (loss) before reclassifications
291.5

 
(36.0
)
 
(20.8
)
 
(0.1
)
 
90.0

 
324.6

Net amount reclassified from accumulated other comprehensive loss

 
0.4

 
57.7

 
2.9

 
0.7

 
61.7

Net other comprehensive income (loss)
291.5

 
(35.6
)
 
36.9

 
2.8

 
90.7

 
386.3

 
 
 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2018
$
(900.2
)
 
$
(51.0
)
 
$
(4,274.4
)
 
$
(231.5
)
 
$
19.6

 
$
(5,437.5
)
(1) Accumulated other comprehensive loss as of January 1, 2019 consists of $5.73 billion of accumulated other comprehensive loss attributable to controlling interest and $11.0 million of accumulated other comprehensive loss attributable to noncontrolling interest.
(2) Accumulated other comprehensive loss as of January 1, 2018 consists of $5.72 billion of accumulated other comprehensive loss attributable to controlling interest and $23.7 million of accumulated other comprehensive income attributable to noncontrolling interest.
(3) This reclassification consists of $105.2 million of accumulated other comprehensive loss attributable to controlling interest and $23.7 million of accumulated other comprehensive loss attributable to noncontrolling interest.

Schedule of reclassifications out of accumulated other comprehensive loss
Reclassifications out of accumulated other comprehensive loss were as follows:
 
Details about Accumulated Other Comprehensive Loss Components
 
Three Months Ended
March 31,
Affected Line Item in the Consolidated Condensed Statements of Operations
 
 
 
2019
 
2018
 
Amortization of retirement benefit items:
 
 
 
 
 
 
Prior service benefits, net
 
$
(14.2
)
 
$
(19.3
)
Other–net, (income) expense
 
Actuarial losses, net
 
70.1

 
92.3

Other–net, (income) expense
 
Total before tax
 
55.9

 
73.0

 
 
Tax benefit
 
(11.2
)
 
(15.3
)
Income taxes
 
Net of tax
 
44.7

 
57.7

 
 
 
 
 
 
 
 
 
Other, net of tax
 
4.7

 
3.3

Other–net, (income) expense
 
Reclassifications from continuing operations (net of tax)
 
49.4

 
61.0

 
 
Reclassifications from discontinued operations (net of tax)
 
84.0

 
0.7

Net income from discontinued operations
 
Total reclassifications for the period (net of tax)
 
$
133.4

 
$
61.7