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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, hedging activities and pension and post-retirement benefit adjustments are included in Accumulated Other Comprehensive Income (Loss) ("AOCI"), a component of Total Equity.
The following tables present changes in AOCI by component for the three and six months ended June 30, 2023 and June 30, 2022:
Three Months Ended
June 30, 2023Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$35.4 $(13.7)$(321.9)$(300.2)
Other Comprehensive Income (Loss) before Reclassifications
4.9 — (29.3)(24.4)
Tax Impact(1.2)— — (1.2)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(0.7)(0.6)— (1.3)
Tax Impact0.2 0.2 — 0.4 
Net Current Period Other Comprehensive Income (Loss)3.2 (0.4)(29.3)(26.5)
Ending Balance$38.6 $(14.1)$(351.2)$(326.7)
June 30, 2022Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$41.1 $(13.9)$(202.8)$(175.6)
Other Comprehensive (Loss) Income before Reclassifications(43.4)0.3 (118.8)(161.9)
Tax Impact10.5 — — 10.5 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(6.8)0.2 — (6.6)
Tax Impact1.5 (0.1)1.4 
Net Current Period Other Comprehensive (Loss) Income(38.2)0.4 (118.8)(156.6)
Ending Balance$2.9 $(13.5)$(321.6)$(332.2)
Six Months Ended
June 30, 2023Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$17.3 $(13.3)$(356.1)$(352.1)
Other Comprehensive Income before Reclassifications27.0 — 4.9 31.9 
Tax Impact(6.5)— — (6.5)
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)1.0 (1.1)— (0.1)
Tax Impact(0.2)0.3 — 0.1 
Net Current Period Other Comprehensive Income (Loss)21.3 (0.8)4.9 25.4 
Ending Balance$38.6 $(14.1)$(351.2)$(326.7)
June 30, 2022Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning balance$21.0 $(14.3)$(201.8)$(195.1)
Other Comprehensive (Loss) Income before Reclassifications(9.0)0.5 (119.8)(128.3)
Tax Impact2.2 — — 2.2 
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)(14.8)0.4 — (14.4)
Tax Impact3.5 (0.1)— 3.4 
Net Current Period Other Comprehensive (Loss) Income(18.1)0.8 (119.8)(137.1)
Ending Balance$2.9 $(13.5)$(321.6)$(332.2)

The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from AOCI in the tables above are disclosed in Note 13 - Derivative Financial Instruments.

The reclassification amounts for pension and post-retirement benefit adjustments in the tables above are part of net periodic benefit costs recorded in Other Income, Net (see also Note 8 - Retirement Plans).