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COMPREHENSIVE INCOME (Tables)
12 Months Ended
Dec. 31, 2019
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) Changes in AOCI, net of tax, by component for the years ended December 31, 2019 and 2018 were as follows:
(in millions)Foreign Currency Translation Gain (Loss) Gain and (Loss) on Cash Flow HedgesGain and (Loss) on Net Investment HedgesPension Liability Gain (Loss)Total
Balance, net of tax, at December 31, 2018$(284.7) $0.6  $(111.4) $(83.2) $(478.7) 
Other comprehensive (loss) income before reclassifications and tax impact(87.8) (16.9) 17.7  (54.7) (141.7) 
Tax benefit (expense)4.2  4.3  (7.0) 14.1  15.6  
Other comprehensive (loss) income, net of tax, before reclassifications$(83.6) $(12.6) $10.7  $(40.6) $(126.1) 
Amounts reclassified from accumulated other comprehensive income, net of tax—  1.4  —  3.7  5.1  
Net (decrease) increase in other comprehensive income(83.6) (11.2) 10.7  (36.9) (121.0) 
Balance, net of tax, at December 31, 2019$(368.3) $(10.6) $(100.7) $(120.1) $(599.7) 

(in millions)Foreign Currency Translation Gain (Loss)Gain and (Loss) on Cash Flow HedgesGain and (Loss) on Net Investment HedgesNet Unrealized Holding Gain on Available-for-Sale SecuritiesPension Liability Gain (Loss)Total
Balance, net of tax, at December 31, 2017$(104.5) $(12.6) $(127.6) $44.3  $(90.6) $(291.0) 
Other comprehensive (loss) income before reclassifications and tax impact(160.1) 5.1  36.2  —  7.7  (111.1) 
Tax (expense) benefit(20.1) (1.6) (20.0) —  (4.7) (46.4) 
Other comprehensive (loss) income, net of tax, before reclassifications$(180.2) $3.5  $16.2  $—  $3.0  $(157.5) 
Amounts reclassified from accumulated other comprehensive income, net of tax—  9.7  —  (44.3) 4.4  (30.2) 
Net (decrease) increase in other comprehensive income(180.2) 13.2  16.2  (44.3) 7.4  (187.7) 
Balance, net of tax, at December 31, 2018$(284.7) $0.6  $(111.4) $—  $(83.2) $(478.7) 
Reclassification out of Accumulated Other Comprehensive Income
Reclassification out of AOCI to the Consolidated Statements of Operations for the years ended December 31, 2019, 2018, and 2017 were as follows:
Details about AOCI ComponentsAmounts Reclassified from AOCI
Affected Line Item in the
Consolidated Statements of Operations
Year Ended December 31,  
(in millions)201920182017
(Loss) gain on derivative financial instruments:
Interest rate swaps$(2.4) $(2.3) $(2.3) Interest expense
Foreign exchange forward contracts1.0  (8.9) (3.0) Cost of products sold
Net (loss) gain before tax$(1.4) $(11.2) $(5.3) 
Tax impact—  1.5  2.7  Provision (benefit) for income taxes
Net (loss) gain after tax$(1.4) $(9.7) $(2.6) 
Realized gain on available-for-sale securities:
Available -for-sale-securities$—  $45.0  $—  Other expense (income), net
Tax impact—  (0.7) —  Provision (benefit) for income taxes
Net gain after tax$—  $44.3  $—  
Amortization of defined benefit pension and other postemployment benefit items:
Amortization of prior service benefits$0.5  $0.2  $0.2  (a)
Amortization of net actuarial losses(5.6) (6.3) (7) (a)
Net loss before tax$(5.1) $(6.1) $(6.8) 
Tax impact1.4  1.7  1.9  Provision (benefit) for income taxes
Net loss after tax$(3.7) $(4.4) $(4.9) 
Total reclassifications for the period$(5.1) $30.2  $(7.5) 
(a) These AOCI components are included in the computation of net periodic benefit cost for the years ended December 31, 2019, 2018, and 2017, respectively.