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Shareholders' Equity (Tables)
 9 Months Ended
Sep. 30, 2020
Stockholders Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Activity

Accumulated Other Comprehensive (Loss)

 

 

Foreign

Currency

Translation Adjustments

 

 

Derivative

(Loss) (1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total

Accumulated

Other

Comprehensive

(Loss) (1)

 

Balance, June 30, 2020

 

$

7.4

 

 

$

(22.3

)

 

$

(89.4

)

 

$

(104.3

)

Other comprehensive (loss) income before reclassifications,

   net of tax (expense) of $ -, ($0.9), ($0.2) and ($1.1)

 

 

(6.2

)

 

 

3.0

 

 

 

(0.1

)

 

 

(3.3

)

Amounts reclassified from accumulated other

   comprehensive (loss)

 

 

-

 

 

 

(1.5

)

 

 

(0.7

)

 

 

(2.2

)

Net current period other comprehensive (loss) income

 

 

(6.2

)

 

 

1.5

 

 

 

(0.8

)

 

 

(5.5

)

Balance, September 30, 2020

 

$

1.2

 

 

$

(20.8

)

 

$

(90.2

)

 

$

(109.8

)

 

 

 

Foreign

Currency

Translation Adjustments

 

 

Derivative

(Loss) (1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total

Accumulated

Other

Comprehensive

(Loss) (1)

 

Balance, December 31, 2019

 

$

9.4

 

 

$

(8.5

)

 

$

(377.0

)

 

$

(376.1

)

Other comprehensive (loss) income before reclassifications,

   net of tax (expense) benefit of $ -, $3.5, ($3.1) and $0.4

 

 

(8.2

)

 

 

(9.4

)

 

 

8.5

 

 

 

(9.1

)

Amounts reclassified from accumulated other

   comprehensive (loss)

 

 

-

 

 

 

(2.9

)

 

 

278.3

 

 

 

275.4

 

Net current period other comprehensive (loss) income

 

 

(8.2

)

 

 

(12.3

)

 

 

286.8

 

 

 

266.3

 

Balance, September 30, 2020

 

$

1.2

 

 

$

(20.8

)

 

$

(90.2

)

 

$

(109.8

)

 

 

 

 

Foreign

Currency

Translation Adjustments

 

 

Derivative

Gain (Loss) (1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total

Accumulated

Other

Comprehensive

(Loss) (1)

 

Balance, June 30, 2019

 

$

(68.7

)

 

$

(7.8

)

 

$

(384.5

)

 

$

(461.0

)

Other comprehensive (loss) income before reclassifications,

   net of tax benefit (expense) of $ -, $1.1, ($0.1) and $1.0

 

 

(2.6

)

 

 

(3.1

)

 

 

0.1

 

 

 

(5.6

)

Amounts reclassified from accumulated other

   comprehensive (loss)

 

 

81.2

 

 

 

0.4

 

 

 

5.4

 

 

 

87.0

 

Net current period other comprehensive income (loss)

 

 

78.6

 

 

 

(2.7

)

 

 

5.5

 

 

 

81.4

 

Balance, September 30, 2019

 

$

9.9

 

 

$

(10.5

)

 

$

(379.0

)

 

$

(379.6

)

 

 

 

 

Foreign

Currency

Translation Adjustments

 

 

Derivative

Gain (Loss) (1)

 

 

Pension and Postretirement Adjustments (1)

 

 

Total

Accumulated

Other

Comprehensive

(Loss) (1)

 

Balance, December 31, 2018

 

$

(74.7

)

 

$

5.3

 

 

$

(390.2

)

 

$

(459.6

)

Impact of ASU 2017-12 adoption

 

 

-

 

 

 

0.1

 

 

 

-

 

 

 

0.1

 

Other comprehensive income (loss) before reclassifications,

   net of tax benefit (expense) of $ -, $5.9, ($1.1) and $4.8

 

 

3.4

 

 

 

(17.1

)

 

 

1.5

 

 

 

(12.2

)

Amounts reclassified from accumulated other

   comprehensive (loss)

 

 

81.2

 

 

 

1.2

 

 

 

9.7

 

 

 

92.1

 

Net current period other comprehensive income (loss)

 

 

84.6

 

 

 

(15.9

)

 

 

11.2

 

 

 

79.9

 

Balance, September 30, 2019

 

$

9.9

 

 

$

(10.5

)

 

$

(379.0

)

 

$

(379.6

)

 

 

(1)

Amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income

 

 

 

Amounts

Reclassified from

Accumulated Other

Comprehensive

(Loss)

 

 

Affected Line Item in the

Condensed Consolidated

Statements of Operations

and Comprehensive

Income

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

 

Derivative Adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts, before tax

 

$

(1.9

)

 

$

0.5

 

 

$

(3.7

)

 

$

1.5

 

 

Interest expense

Tax impact

 

 

0.4

 

 

 

(0.1

)

 

 

0.8

 

 

 

(0.3

)

 

Income tax expense

Total (income) loss, net of tax

 

 

(1.5

)

 

 

0.4

 

 

 

(2.9

)

 

 

1.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pension and Postretirement Adjustments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Prior service credit amortization

 

 

(0.1

)

 

 

(0.1

)

 

 

(0.2

)

 

 

(0.1

)

 

Other non-operating (income) expense, net

Amortization of net actuarial (gain) loss

 

 

(0.9

)

 

 

2.7

 

 

 

0.5

 

 

 

8.0

 

 

Other non-operating (income) expense, net

Settlement

 

 

-

 

 

 

-

 

 

 

374.4

 

 

 

-

 

 

Other non-operating (income) expense, net

Total (income) loss, before tax

 

 

(1.0

)

 

 

2.6

 

 

 

374.7

 

 

 

7.9

 

 

 

Tax impact

 

 

0.3

 

 

 

(0.7

)

 

 

(96.4

)

 

 

(1.7

)

 

Income tax expense

Total (income) loss from continuing operations, net of tax

 

 

(0.7

)

 

 

1.9

 

 

 

278.3

 

 

 

6.2

 

 

 

Adjustments related to Sale to Knauf (1)

 

 

-

 

 

 

3.5

 

 

 

-

 

 

 

3.5

 

 

 

Total (income) loss, net of tax

 

 

(0.7

)

 

 

5.4

 

 

 

278.3

 

 

 

9.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency translation adjustments related to

      Sale to Knauf (1)

 

 

-

 

 

 

81.2

 

 

 

-

 

 

 

81.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total reclassifications for the period

 

$

(2.2

)

 

$

87.0

 

 

$

275.4

 

 

$

92.1

 

 

 

 

(1)

Represents estimated amounts reclassified out of AOCI as of September 30, 2019 related to the Sale and included as a component of (Loss) gain from disposal of discontinued operations on the Condensed Consolidated Statements of Operations and Comprehensive Income.