Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2020

Statement of Financial Position [Abstract]

accumulated other comprehensive income components reclassification

The following tables present details about components of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2020 and 2019, respectively:

	Foreign currency translation adjustments		Pension and other postretirement liability adjustments		Unrealized gain (loss) on marketable securities		Change in fair value of derivative financial instruments		Total
Balance at June 30, 2020	$	(163.3)	$	64.1	$	0.1	$	(0.1)	$	(99.2)
Other comprehensive income (loss) before reclassifications and income taxes	63.5		(0.2)		—		(1.9)		61.4
Amounts reclassified from accumulated other comprehensive (loss) income before income taxes			(1.4)		(0.2)		(0.7)		(2.3)
Income tax benefit			0.4		0.1		0.8		1.3
Net current period other comprehensive income (loss), net of income taxes	63.5		(1.2)		(0.1)		(1.8)		60.4
Noncontrolling interest	(0.5)								(0.5)
Net current period comprehensive income (loss), net of income taxes and noncontrolling interest	63.0		(1.2)		(0.1)		(1.8)		59.9
Balance at September 30, 2020	$	(100.3)	$	62.9	$	—	$	(1.9)	$	(39.3)

	Foreign currency translation adjustments		Pension and other postretirement liability adjustments		Unrealized gain (loss) on marketable securities		Change in fair value of derivative financial instruments		Total
Balance at December 31, 2019	$	(115.3)	$	66.9	$	—	$	(1.7)	$	(50.1)
Other comprehensive (loss) income before reclassifications and income taxes	9.2		—		0.5		2.3		12.0
Amounts reclassified from accumulated other comprehensive (loss) income before income taxes			(5.4)		(0.5)		(2.6)		(8.5)
Income tax benefit			1.4		—		0.1		1.5
Net current period other comprehensive (loss) income, net of income taxes	9.2		(4.0)		—		(0.2)		5.0
Noncontrolling interest	5.8								5.8
Net current period comprehensive (loss) income, net of income taxes and noncontrolling interest	15.0		(4.0)		—		(0.2)		10.8
Balance at September 30, 2020	$	(100.3)	$	62.9	$	—	$	(1.9)	$	(39.3)

Note 16 - Accumulated Other Comprehensive Income (Loss) (continued)

	Foreign currency translation adjustments		Pension and other postretirement liability adjustments		Unrealized gain (loss) on marketable securities		Change in fair value of derivative financial instruments		Total
Balance at June 30, 2019	$	(96.3)	$	(0.1)	$	—	$	(1.1)	$	(97.5)
Other comprehensive income (loss) before reclassifications and income taxes	(63.0)		103.7		—		3.2		43.9
Amounts reclassified from accumulated other comprehensive (loss) income before income taxes	—		(1.6)		—		(1.0)		(2.6)
Income tax expense	—		(25.4)		—		(0.3)		(25.7)
Net current period other comprehensive income (loss), net of income taxes	(63.0)		76.7		—		1.9		15.6
Noncontrolling interest	1.8		—		—		—		1.8
Net current period comprehensive income (loss), net of income taxes and noncontrolling interest	(61.2)		76.7		—		1.9		17.4
Balance at September 30, 2019	$	(157.5)	$	76.6	$	—	$	0.8	$	(80.1)

	Foreign currency translation adjustments		Pension and other postretirement liability adjustments		Unrealized gain (loss) on marketable securities		Change in fair value of derivative financial instruments		Total
Balance at December 31, 2018	$	(95.6)	$	—	$	—	$	0.3	$	(95.3)
Other comprehensive income before reclassifications and income taxes	(62.1)		103.7		—		3.4		45.0
Amounts reclassified from accumulated other comprehensive (loss) income before income taxes	—		(1.8)		—		(2.9)		(4.7)
Income tax expense	—		(25.3)		—		—		(25.3)
Net current period other comprehensive (loss) income, net of income taxes	(62.1)		76.6		—		0.5		15.0
Noncontrolling interest	0.2		—		—		—		0.2
Net current period comprehensive loss, net of income taxes and noncontrolling interest	(61.9)		76.6		—		0.5		15.2
Balance at September 30, 2019	$	(157.5)	$	76.6	$	—	$	0.8	$	(80.1)

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