Changes in AOCI by component are as follows:



	Three Months Ended
	March 31, 2018
	Currency Translation Adjustment			Net Gains/Losses on Available-for-sale Securities				Pension Liability				Accumulated Other Comprehensive Loss
Balance at December 31, 2017	$	(184.2	)	$	(34.6	)		$	(213.8	)		$	(432.6	)
Other comprehensive income/(loss) before reclassification adjustments	21.1			(240.4		)		—				(219.3		)
Tax effect	—			53.4				—				53.4
Reclassification adjustments to net earnings	—			0.2			(A)	2.3			(B)	2.5
Tax effect	—			0.1				(0.6		)		(0.5		)
Reclassification to retained earnings (C)	—			(7.1		)		(35.2		)		(42.3		)
Balance at March 31, 2018	$	(163.1	)	$	(228.4	)		$	(247.3	)		$	(638.8	)



	Three Months Ended
	March 31, 2017
	Currency Translation Adjustment			Net Gains/Losses on Available-for-sale Securities				Pension Liability				Accumulated Other Comprehensive Loss
Balance at December 31, 2016	$	(298.0	)	$	19.9			$	(288.6	)		$	(566.7	)
Other comprehensive income before reclassification adjustments	20.3			46.3				—				66.6
Tax effect	—			(16.5		)		—				(16.5		)
Reclassification adjustments to net earnings	—			0.2			(A)	5.1			(B)	5.3
Tax effect	—			(0.1		)		(1.8		)		(1.9		)
Balance at March 31, 2017	$	(277.7	)	$	49.8			$	(285.3	)		$	(513.2	)



	Nine Months Ended
	March 31, 2018
	Currency Translation Adjustment			Net Gains/Losses on Available-for-sale Securities				Pension Liability				Accumulated Other Comprehensive Loss
Balance at June 30, 2017	$	(230.8	)	$	68.3			$	(216.7	)		$	(379.2	)
Other comprehensive income/(loss) before reclassification adjustments	67.7			(400.6		)		—				(332.9		)
Tax effect	—			109.9				—				109.9
Reclassification adjustments to net earnings	—			1.3			(A)	6.9			(B)	8.2
Tax effect	—			(0.2		)		(2.3		)		(2.5		)
Reclassification to retained earnings (C)	—			(7.1		)		(35.2		)		(42.3		)
Balance at March 31, 2018	$	(163.1	)	$	(228.4	)		$	(247.3	)		$	(638.8	)



	Nine Months Ended
	March 31, 2017
	Currency Translation Adjustment			Net Gains/Losses on Available-for-sale Securities				Pension Liability				Accumulated Other Comprehensive Loss
Balance at June 30, 2016	$	(253.8	)	$	333.8			$	(295.1	)		$	(215.1	)
Other comprehensive loss before reclassification adjustments	(23.9		)	(438.3		)		—				(462.2		)
Tax effect	—			155.1				—				155.1
Reclassification adjustments to net earnings	—			(1.1		)	(A)	15.3			(B)	14.2
Tax effect	—			0.3				(5.5		)		(5.2		)
Balance at March 31, 2017	$	(277.7	)	$	49.8			$	(285.3	)		$	(513.2	)

(A) Reclassification adjustments out of AOCI are included within Other income, net, on the Statements of Consolidated Earnings.

(B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12).

(C) During the quarter ended March 31, 2018, the Company adopted ASU 2018-02 and reclassified stranded tax effects attributable to the Act from AOCI to retained earnings. The March 31, 2018 Consolidated Balance Sheets reflect the reclassification out of accumulated other comprehensive income into retained earnings (see Note 2).