| ACCUMULATED OTHER COMPREHENSIVE LOSS
Changes in accumulated other comprehensive loss by component, after tax, for the six months ended June 30, 2019, are as follows:
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Foreign
currency |
|
Pension and other
postretirement
benefit plans |
|
Cash flow
hedging
transactions |
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Total |
|
|
(In millions) |
Balance, December 31, 2018 |
|
$ |
(328.0 |
) |
|
$ |
(297.1 |
) |
|
$ |
(1.2 |
) |
|
$ |
(626.3 |
) |
Other comprehensive income (loss) before reclassifications |
|
(19.8 |
) |
|
— |
|
|
0.1 |
|
|
(19.7 |
) |
Amounts reclassified from accumulated other comprehensive income |
|
— |
|
|
6.0 |
|
|
— |
|
|
6.0 |
|
Net current-period other comprehensive income |
|
(19.8 |
) |
|
6.0 |
|
|
0.1 |
|
|
(13.7 |
) |
Balance, June 30, 2019 |
|
$ |
(347.8 |
) |
|
$ |
(291.1 |
) |
|
$ |
(1.1 |
) |
|
$ |
(640.0 |
) |
Reclassifications out of accumulated other comprehensive loss for the six months ended June 30, 2019, are as follows:
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Details about accumulated other
comprehensive income (loss) components |
|
Amount reclassified
from accumulated other
comprehensive income (loss) |
|
Affected line item in
the statement where
net income is presented |
|
|
(In millions) |
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|
Amortization of pension and other postretirement plan items: |
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|
|
|
|
Prior service cost |
|
$ |
(0.4 |
) |
|
(1) |
Recognized actuarial loss |
|
8.0 |
|
|
(1) |
|
|
7.6 |
|
|
Total before tax |
|
|
(1.6 |
) |
|
Tax benefit |
|
|
$ |
6.0 |
|
|
Net of tax |
(1)These accumulated other comprehensive income (loss) components are included in the computation of net periodic pension cost (See Note 9 Benefit Plans for additional details).
Changes in accumulated other comprehensive income (loss) related to noncontrolling interests were not material as of June 30, 2019.
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