Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Changes in Accumulated Other Comprehensive Loss by Component, Net of Tax

The changes in accumulated other comprehensive income (loss) by component, net of tax, for the nine months ended September 30, 2019 are as follows:

In millions	Foreign currency translation			Derivative contracts			Pension and post retirement benefit plans			Total
Balance at December 31, 2018	$	(202.2	)	$	(0.1	)	$	(54.3	)	$	(256.6	)
Other comprehensive income (loss) before reclassifications	(208.9		)	(3.0		)	(1.7		)	(213.6		)
Amounts reclassified from accumulated other
comprehensive income	—			—			1.6			1.6
Net current period other comprehensive income (loss)	(208.9		)	(3.0		)	(0.1		)	(212.0		)
Balance at September 30, 2019	$	(411.1	)	$	(3.1	)	$	(54.4	)	$	(468.6	)

The changes in accumulated other comprehensive loss by component, net of tax, for the nine months ended September 30, 2018 are as follows:

In millions	Foreign currency translation			Derivative contracts			Pension and post retirement benefit plans			Total
Balance at December 31, 2017	$	5.1		$	4.0		$	(54.1	)	$	(45.0	)
Other comprehensive income (loss) before reclassifications	(159.1		)	(8.5		)	1.0			(166.6		)
Amounts reclassified from accumulated other
comprehensive income	—			4.3			1.6			5.9
Net current period other comprehensive income (loss)	(159.1		)	(4.2		)	2.6			(160.7		)
Balance at September 30, 2018	$	(154.0	)	$	(0.2	)	$	(51.5	)	$	(205.7	)

Reclassifications Out of Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive loss for the three months ended September 30, 2018 are as follows:

In millions	Amount reclassified from accumulated other comprehensive income			Affected line item in the Condensed Consolidated Statements of Operations
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(0.4	)	Other income (expense), net
Amortization of net loss	1.1			Other income (expense), net
	0.7			Other income (expense), net
	(0.2		)	Income tax expense
	$	0.5		Net income
Derivative contracts
Realized loss on derivative contracts	$	4.9		Interest expense, net
	(1.2		)	Income tax expense
	$	3.7		Net income

Reclassifications out of accumulated other comprehensive loss for the nine months ended September 30, 2018 are as follows:

In millions	Amount reclassified from accumulated other comprehensive income			Affected line item in the Condensed Consolidated Statements of Operations
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(1.1	)	Other income (expense), net
Amortization of net loss	3.3			Other income (expense), net
	2.2			Other income (expense), net
	(0.6		)	Income tax expense
	$	1.6		Net income
Derivative contracts	$	5.8		Interest expense, net
Realized loss on derivative contracts	(1.5		)	Income tax expense
	$	4.3		Net income

Reclassifications out of accumulated other comprehensive income (loss) for the three months ended September 30, 2019 are as follows:

In millions	Amount reclassified from accumulated other comprehensive income			Affected line item in the Condensed Consolidated Statements of Income
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(0.4	)	Other income (expense), net
Amortization of net loss	1.1			Other income (expense), net
	0.7			Other income (expense), net
	(0.2		)	Income tax expense
	$	0.5		Net income

Reclassifications out of accumulated other comprehensive income (loss) for the nine months ended September 30, 2019 are as follows:

In millions	Amount reclassified from accumulated other comprehensive income			Affected line item in the Condensed Consolidated Statements of Income
Amortization of defined pension and post retirement items
Amortization of initial net obligation and prior service cost	$	(1.1	)	Other income (expense), net
Amortization of net loss	3.3			Other income (expense), net
	2.2			Other income (expense), net
	(0.6		)	Income tax expense
	$	1.6		Net income