Components of Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 2020


Components of AOCL:	June 30, 2020		December 31, 2019
Defined benefit plan liabilities	$	(113.1)	$	(115.9)

Unrealized gain (loss) on financial instruments	2.2		2.3
Other comprehensive loss before income tax effect	(110.9)		(113.6)
Income tax effect ⁽¹⁾	3.3		3.8
Accumulated other comprehensive loss	$	(107.6)	$	(109.8)

⁽¹⁾ The allocation of the income tax effect to the components of other comprehensive loss is as follows:


	June 30, 2020		December 31, 2019
Defined benefit plan liabilities	$	3.7	$	4.3

Unrealized loss on financial instruments	(0.4)		(0.4)

The following table summarizes the changes in the accumulated balances for each component of AOCL:


	Defined benefit plan and other postretirement liabilities		Unrealized gain (loss) on financial instruments		Total, net of tax
Balance, April 1, 2020	$	(110.3)	$	1.9	$	(108.4)
Net amount reclassified to net income (loss)	0.8		—		0.8
Balance, June 30, 2020	$	(109.5)	$	1.9	$	(107.6)

Balance, April 1, 2019	$	(101.7)	$	2.0	$	(99.7)
Net amount reclassified to net income	1.0		0.0		1.0
Balance, June 30, 2019	$	(100.7)	$	2.0	$	(98.7)

Balance, December 31, 2019	$	(111.7)	$	1.9	$	(109.8)
Net amount reclassified to net loss	2.2		0.0		2.2
Balance, June 30, 2020	$	(109.5)	$	1.9	$	(107.6)

Balance, December 31, 2018	$	(100.7)	$	2.0	$	(98.7)
Impact of ASU 2018-02 ⁽¹⁾	(1.3)		—		(1.3)
Net amount reclassified to net income (loss)	1.3		(0.1)		1.3
Balance, June 30, 2019	$	(100.7)	$	2.0	$	(98.7)

⁽¹⁾ ASU 2018-02. See Note 7. Income Taxes for further information regarding our adoption of ASU 2018-02.

Reclassifications out of AOCL were included in the consolidated statements of operations as follows:


		Three months ended June 30,						Six months ended June 30,
AOCL Components	Location	2020		2019		2020		2019
Defined benefit plan and other postretirement liabilities	Cost of goods sold	$	0.4	$	0.3	$	1.5	$	0.9
	Selling, general and administrative expenses	0.2		(0.2)		0.4		(0.6)
	Other operating expense, net	0.5		1.2		0.9		1.5
	Income tax effect	(0.3)		(0.3)		(0.6)		(0.5)
	Net of tax	$	0.8	$	1.0	$	2.2	$	1.3

Unrealized loss on financial instruments	Cost of goods sold	$	0.0	$	0.0	$	0.0	$	(0.1)
	Income tax effect	0.0		0.0		0.0		0.0
	Net of tax	$	0.0	$	0.0	$	0.0	$	(0.1)