Accumulated Comprehensive Loss

12 Months Ended

Dec. 31, 2016

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

Other Comprehensive Income (Loss), Net of Tax

ACCUMULATED COMPREHENSIVE INCOME (LOSS)

Accumulated comprehensive loss consists of cumulative translation adjustments, unrealized gains (losses) on certain derivative instruments and pension and post retirement adjustments. Other comprehensive income activity, net of tax, is provided in the following table for the years ended December 31, 2016, 2015 and 2014.

				Pension adjustments
Dollar amounts in millions	Foreign currency translation adjustments			Actuarial losses			Prior service costs			Unrealized gain (loss) on investments			Other			Total
Balance at January 1, 2014	$	(19.2	)	$	(64.4	)	$	(5.9	)	$	2.0		$	(1.7	)	$	(89.2	)
Other comprehensive income (loss) before reclassifications	(14.5		)	(25.5		)	—			0.9			0.5			(38.6		)
Income taxes	—			—			—			(0.3		)				(0.3		)
Net other comprehensive income (loss) before reclassifications	(14.5		)	(25.5		)	—			0.6			0.5			(38.9		)
Amounts reclassified from accumulated comprehensive income (loss)	—			(5.5		)	—			—			—			(5.5		)
Income taxes	—			2.3			—			—			—			2.3
Net amounts reclassified from cumulative other comprehensive income (loss)	—			(3.2		)	—			—			—			(3.2		)
Total other comprehensive income (loss)	(14.5		)	(28.7		)	—			0.6			0.5			(42.1		)
Balance at December 31, 2014	(33.7		)	(93.1		)	(5.9		)	2.6			(1.2		)	(131.3		)
Other comprehensive income (loss) before reclassifications	(21.4		)	9.5			0.7			1.4			0.2			(9.6		)
Income taxes	—			—			—			(0.7		)	—			(0.7		)
Net other comprehensive income (loss) before reclassifications	(21.4		)	9.5			0.7			0.7			0.2			(10.3		)
Amounts reclassified from accumulated comprehensive income (loss)	—			(6.8		)	(0.5		)	—			—			(7.3		)
Income taxes				2.6			0.2			—			—			2.8
Net amounts reclassified from cumulative other comprehensive income (loss)	—			(4.2		)	(0.3		)	—			—			(4.5		)
Total other comprehensive income (loss)	(21.4		)	5.3			0.4			0.7			0.2			(14.8		)
Balance at December 31, 2015	(55.1		)	(87.8		)	(5.5		)	3.3			(1.0		)	(146.1		)
Other comprehensive income (loss) before reclassifications	8.8			(5.3		)	—			(1.0		)	0.4			2.9
Income taxes	—			1.9			—			0.4			(0.1		)	2.2
Net other comprehensive income (loss) before reclassifications	8.8			(3.4		)	—			(0.6		)	0.3			5.1
Amounts reclassified from accumulated comprehensive income (loss)	—			5.5			0.5			—			—			6.0
Income taxes	—			(2.0		)	(0.2		)	—			—			(2.2		)
Net amounts reclassified from cumulative other comprehensive income (loss)	—			3.5			0.3			—			—			3.8
Total other comprehensive income (loss)	8.8			0.1			0.3			(0.6		)	0.3			8.9
Balance at December 31, 2016	$	(46.3	)	$	(87.7	)	$	(5.2	)	$	2.7		$	(0.7	)	$	(137.2	)

(a) These accumulated other comprehensive income components are included in the computation of net periodic pension cost, see Note 14 for additional details. The net periodic pension cost is included in Cost of sales and Selling and administrative line items in the Consolidated Statements of Income.

Foreign currency translation adjustments exclude income tax expense (benefit) given that these adjustments arise out of the translation of assets into the reporting currency that is separate from the taxable income and is deemed to be reinvested for an indefinite period of time. The pension adjustments included an income tax provision of $0.3 million in 2016 and benefits of $3.9 million and $17.7 million in 2015 and 2014. The unrealized gain (loss) on investments included tax benefit of $0.4 million in 2016 and provisions of $0.7 million and $0.3 million in 2015 and 2014.