Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Feb. 28, 2019

Equity [Abstract]

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize the activity in Accumulated other comprehensive income (loss), net of tax, by component for the periods indicated:

	Three months ended February 28, 2019
	Foreign currency translation adjustments			Retirement benefit plans			Total
Beginning balance at December 1, 2018	$	(45.6	)	$	(10.9	)	$	(56.5	)
Other comprehensive income (loss) before reclassifications	1.7			—			1.7
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—			0.2			0.2
Amortization of prior service credit (net of tax of $0.0)	—			0.0			0.0
Other comprehensive income (loss)	1.7			0.2			1.9
Ending balance at February 28, 2019	$	(43.9	)	$	(10.7	)	$	(54.6	)
	Three months ended February 28, 2018
	Foreign currency translation adjustments			Retirement benefit plans			Total
Beginning balance at December 1, 2017	$	(41.5	)	$	(39.4	)	$	(80.9	)
Other comprehensive income (loss) before reclassifications	2.2			—			2.2
Less amount reclassified from Accumulated other comprehensive income (loss):
Benefit from settlement (net of tax of $15.8)	—			23.8			23.8
Amortization of gains and losses (net of tax of $0.1)	—			0.5			0.5
Other reclassifications (net of tax of $1.4)	—			(2.1		)	(2.1		)
Other comprehensive income (loss)	2.2			22.2			24.4
Ending balance at February 28, 2018	$	(39.3	)	$	(17.2	)	$	(56.5	)

	Nine months ended February 28, 2019
	Foreign currency translation adjustments			Retirement benefit plans			Total
Beginning balance at June 1, 2018	$	(41.9	)	$	(13.8	)	$	(55.7	)
Other comprehensive income (loss) before reclassifications	(2.0		)	—			(2.0		)
Less amount reclassified from Accumulated other comprehensive income (loss):
Amortization of gains and losses (net of tax of $0.0)	—			0.6			0.6
Postretirement benefit plan remeasurement (net of tax of $0.8)	—			2.0			2.0
Amortization of prior service credit (net of tax of $0.0)	—			(0.1		)	(0.1		)
Other reclassifications (net of tax of $0.0)	—			0.6			0.6
Other comprehensive income (loss)	(2.0		)	3.1			1.1
Ending balance at February 28, 2019	$	(43.9	)	$	(10.7	)	$	(54.6	)
	Nine months ended February 28, 2018
	Foreign currency translation adjustments			Retirement benefit plans			Total
Beginning balance at June 1, 2017	$	(45.3	)	$	(48.9	)	$	(94.2	)
Other comprehensive income (loss) before reclassifications	6.0			—			6.0
Less amount reclassified from Accumulated other comprehensive income (loss):
Benefit from settlement (net of tax of $22.0)	—			33.0			33.0
Amortization of gains and losses (net of tax of $0.4)	—			1.4			1.4
Other reclassifications (net of tax of $1.9)	—			(2.7		)	(2.7		)
Other comprehensive income (loss)	6.0			31.7			37.7
Ending balance at February 28, 2018	$	(39.3	)	$	(17.2	)	$	(56.5	)

The following table presents the impact on earnings of reclassifications out of Accumulated other comprehensive income (loss) for the periods indicated:

	Three months ended February 28,					Nine months ended February 28,						Condensed consolidated statements of operations line item
	2019		2018			2019			2018
Employee benefit plans:
Amortization of unrecognized (gain) loss	$	0.2	$	0.6		0.6			1.8			Other components of net periodic benefit (cost)
Settlement charge	—		39.6			—			55.0			Other components of net periodic benefit (cost)
Amortization of prior service credit	0.0		—			(0.1		)	—			Other components of net periodic benefit (cost)
Less: Tax effect	0.0		(15.9		)	0.0			(22.4		)	Provision (benefit) for income taxes
Total cost, net of tax	$	0.2	$	24.3		$	0.5		$	34.4