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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
May 31, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the impact on earnings of reclassifications out of Accumulated other comprehensive income (loss) for the fiscal years ended May 31:
 
2020
 
2019
 
2018
 
Pension
Plans
 
Post -
Retirement
Benefits
 
Pension
Plans
 
Post -
Retirement
Benefits
 
Pension
Plans
 
Post -
Retirement
Benefits
Service cost
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
0.0

Net amortization and deferrals
 
—

 
 
(0.2
)
 
 
—

 
 
(0.1
)
 
 
—

 
 
—

Lump sum settlement charge
 
—

 
 
—

 
 
—

 
 
—

 
 
55.0

 
 
—

Amortization of net actuarial losses (gains)

 
1.0

 
 
—

 
 
0.8

 
 
—

 
 
2.1

 
 
0.1

Tax (benefit) expense
 
—

 
 
0.0

 
 
—

 
 
0.0

 
 
(22.3
)
 
 
0.0

Amounts reclassified from Accumulated other comprehensive income (loss)
$
1.0

 
$
(0.2
)
 
$
0.8

 
$
(0.1
)
 
$
34.8

 
$
0.1



The amounts reclassified out of Accumulated other comprehensive income (loss) were recognized in Other components of net periodic benefit (cost) for all periods presented.

For the fiscal year ended May 31, 2018, the Company recognized pretax settlement charges of $57.3 in Other components of net periodic benefit (cost), related to the settlement of the U.S Pension Plan and the related purchase of insurance company group annuity contracts.

The following tables summarize the activity in Accumulated other comprehensive income (loss), net of tax, by component for the periods indicated:
 
Foreign currency translation adjustments
 
Pension
Plans
 
Post -
Retirement
Benefits
 
Total
Balance at May 31, 2018 (1)
$
(41.9
)
 
$
(12.5
)
 
$
(1.3
)
 
$
(55.7
)
 Other comprehensive income (loss) before reclassifications
$
(5.2
)
 
$
(1.4
)
 
$
1.9

 
$
(4.7
)
 Less: amount reclassified from Accumulated other comprehensive income (loss) (net of taxes)
 
 
 
 
 
 
 
 
 
 
 
     Amortization of net actuarial loss
$
—

 
$
0.8

 
$
(0.1
)
 
$
0.7

  Other comprehensive income (loss)
 
(5.2
)
 
 
(0.6
)
 
 
1.8

 
 
(4.0
)
Balance at May 31, 2019 (1)
$
(47.1
)
 
$
(13.1
)
 
$
0.5

 
$
(59.7
)
 Other comprehensive income (loss) before reclassifications
$
(2.9
)
 
$
2.5

 
$
1.0

 
$
0.6

 Less: amount reclassified from Accumulated other comprehensive income (loss) (net of taxes)
 
 
 
 
 
 
 
 
 
 
 
     Amortization of net actuarial loss
$
—

 
$
1.0

 
$
(0.2
)
 
$
0.8

  Other comprehensive income (loss)
 
(2.9
)
 
 
3.5

 
 
0.8

 
 
1.4

Balance at May 31, 2020 (1)
$
(50.0
)
 
$
(9.6
)
 
$
1.3

 
$
(58.3
)

(1) Accumulated other comprehensive income (loss) related to Pension Plans and Postretirement Benefits are reported net of taxes of $0.4, $0.5 and $1.1 at May 31, 2020, 2019, and 2018, respectively.