Comprehensive Income (Notes)

9 Months Ended

Sep. 30, 2019

Other comprehensive income, net of tax, information is presented below:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Foreign currency translation
Balance at beginning of period	$	(0.9	)	$	—		$	(0.6	)	$	1.1
Other comprehensive income (loss)—foreign currency translation gain (loss)	(1.4		)	(0.3		)	(1.7		)	(1.4		)
Balance at end of period	$	(2.3	)	$	(0.3	)	$	(2.3	)	$	(0.3	)
Cash flow hedges
Balance at beginning of period	$	(14.0	)	$	4.5		$	7.2		$	22.3
Cumulative effect of adopting new hedging standard	—			—			—			0.8
Other comprehensive income (loss):
Gains (losses) arising in period	(4.2		)	(2.3		)	(21.1		)	(7.8		)
Income tax expense (benefit) (b)	—			—			—			—
Gains (losses) arising in period, net of tax	(4.2		)	(2.3		)	(21.1		)	(7.8		)
Reclassification of losses (gains) to net income:
Recorded in cost of products sold	5.2			0.5			0.9			(12.6		)
Income tax (expense) benefit (b)	—			—			—			—
Net amount of reclassification of losses (gains) to net income, net of tax	5.2			0.5			0.9			(12.6		)
Total other comprehensive income (loss), net of tax	1.0			(1.8		)	(20.2		)	(20.4		)
Balance at end of period	$	(13.0	)	$	2.7		$	(13.0	)	$	2.7
Pension and OPEB plans
Balance at beginning of period	$	(117.0	)	$	(71.3	)	$	(106.6	)	$	(73.6	)
Reclassification to net income:
Prior service costs (credits) (a)	(2.3		)	(2.4		)	(7.4		)	(7.3		)
Actuarial (gains) losses (a)	(2.7		)	3.6			(8.0		)	10.8
Subtotal	(5.0		)	1.2			(15.4		)	3.5
Income tax (expense) benefit (b)	—			—			—			—
Amount of reclassification to net income, net of tax	(5.0		)	1.2			(15.4		)	3.5
Total other comprehensive income (loss), net of tax	(5.0		)	1.2			(15.4		)	3.5
Balance at end of period	$	(122.0	)	$	(70.1	)	$	(122.0	)	$	(70.1	)


(a)	Included in pension and OPEB (income) expense

(b)

Included in income tax expense (benefit)