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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2016
Statement of Financial Position [Abstract]  
accumulated other comprehensive income components reclassification
Note 10 - Accumulated Other Comprehensive Income (Loss)

The following tables present details about components of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2016, respectively:
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at June 30, 2016
$
(77.1
)
$
(203.1
)
$
(1.3
)
$
(281.5
)
Other comprehensive (loss) income before
reclassifications and income tax
2.2

1.4

(0.5
)
3.1

Amounts reclassified from accumulated other
comprehensive income, before income tax
—

15.3

0.5

15.8

Income tax (benefit) expense
—

(1.7
)
—

(1.7
)
Net current period other comprehensive
income, net of income taxes
2.2

15.0

—

17.2

Noncontrolling interest
(0.5
)
—

—

(0.5
)
Net current period comprehensive income, net
of income taxes and noncontrolling interest
1.7

15.0

—

16.7

Balance at September 30, 2016
$
(75.4
)
$
(188.1
)
$
(1.3
)
$
(264.8
)
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at December 31, 2015
$
(72.2
)
$
(215.1
)
$
0.3

$
(287.0
)
Other comprehensive (loss) income before
reclassifications and income tax
(1.4
)
6.2

(2.5
)
2.3

Amounts reclassified from accumulated other
comprehensive income, before income tax
—

25.9

(0.1
)
25.8

Income tax (benefit) expense
—

(5.1
)
1.0

(4.1
)
Net current period other comprehensive
income (loss), net of income taxes
(1.4
)
27.0

(1.6
)
24.0

Noncontrolling interest
(1.8
)
—

—

(1.8
)
Net current period comprehensive income (loss), net
of income taxes and noncontrolling interest
(3.2
)
27.0

(1.6
)
22.2

Balance at September 30, 2016
$
(75.4
)
$
(188.1
)
$
(1.3
)
$
(264.8
)
$10.6 million of the $25.9 million before-tax reclassification of pension and postretirement liability adjustments was included in pension settlement charges in the Consolidated Statement of Income for the nine months ended September 30, 2016. The remaining before-tax reclassification of pension and postretirement liability adjustments of $15.3 million was due to the amortization of actuarial losses and prior service costs and was included in costs of products sold and selling, general and administrative expenses in the Consolidated Statement of Income. The reclassification of the remaining components of accumulated other comprehensive income (loss) was included in other (expense) income, net in the Consolidated Statement of Income.










The following tables present details about components of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2015, respectively:
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at June 30, 2015
$
(21.4
)
$
(373.5
)
$
(1.1
)
$
(396.0
)
Other comprehensive (loss) income before
reclassifications and income tax
(30.9
)
4.2

2.1

(24.6
)
Amounts reclassified from accumulated other
comprehensive income, before income tax
—

13.4

(0.2
)
13.2

Income tax (benefit) expense
—

(4.6
)
(0.7
)
(5.3
)
Net current period other comprehensive
income (loss), net of income taxes
(30.9
)
13.0

1.2

(16.7
)
Noncontrolling interest
1.1

—

—

1.1

Net current period comprehensive income (loss), net
of income taxes and noncontrolling interest
(29.8
)
13.0

1.2

(15.6
)
Balance at September 30, 2015
$
(51.2
)
$
(360.5
)
$
0.1

$
(411.6
)
 
Foreign currency translation adjustments
Pension and postretirement liability adjustments
Change in fair value of derivative financial instruments
Total
Balance at December 31, 2014
$
(0.7
)
$
(481.0
)
$
(0.8
)
$
(482.5
)
Other comprehensive (loss) income before
reclassifications and income tax
(52.1
)
(62.3
)
2.1

(112.3
)
Amounts reclassified from accumulated other
comprehensive income, before income tax
—

251.3

(0.7
)
250.6

Income tax (benefit) expense
—

(68.5
)
(0.5
)
(69.0
)
Net current period other comprehensive
income (loss), net of income taxes
(52.1
)
120.5

0.9

69.3

Noncontrolling interest
1.6

—

—

1.6

Net current period comprehensive income (loss), net
of income taxes and noncontrolling interest
(50.5
)
120.5

0.9

70.9

Balance at September 30, 2015
$
(51.2
)
$
(360.5
)
$
0.1

$
(411.6
)
Other comprehensive income (loss) before reclassifications and income taxes includes the effect of foreign currency.

$221.0 million of the $251.3 million before-tax reclassification of pension and postretirement liability adjustments was included in pension settlement charges in the Consolidated Statement of Income for the nine months ended September 30, 2015. The remaining before-tax reclassification of pension and postretirement liability adjustments of $30.3 million was due to the amortization of actuarial losses and prior service costs and was included in costs of products sold and selling, general and administrative expenses in the Consolidated Statement of Income. The reclassification of the remaining components of accumulated other comprehensive income (loss) was included in other (expense) income, net in the Consolidated Statement of Income.