Quarterly report pursuant to Section 13 or 15(d)

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

v3.20.2
ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The following tables reflect the changes in Accumulated other comprehensive loss related to shareholders’ equity:
(In Millions)
Postretirement Benefit Liability,
net of tax
Foreign Currency Translation Derivative Financial Instruments, net of tax Accumulated Other Comprehensive Loss
December 31, 2019 $ (315.7) $   $ (3.1) $ (318.8)
Other comprehensive loss before reclassifications   (0.9) (5.2) (6.1)
Net loss reclassified from accumulated other comprehensive loss 5.6    2.2  7.8 
March 31, 2020 $ (310.1) $ (0.9) $ (6.1) $ (317.1)
Other comprehensive income before reclassifications 0.4  0.7  1.4  2.5 
Net loss reclassified from accumulated other comprehensive loss 5.6    3.1  8.7 
June 30, 2020 $ (304.1) $ (0.2) $ (1.6) $ (305.9)
Other comprehensive income before reclassifications 0.4  1.6  12.2  14.2 
Net loss reclassified from accumulated other comprehensive loss 6.2    3.5  9.7 
September 30, 2020 $ (297.5) $ 1.4  $ 14.1  $ (282.0)
(In Millions)
Postretirement Benefit Liability, net of tax
Derivative Financial Instruments,
net of tax
Accumulated Other Comprehensive Loss
December 31, 2018 $ (281.1) $ (2.8) $ (283.9)
Other comprehensive income before reclassifications 0.2  2.5  2.7 
Net loss reclassified from accumulated other comprehensive loss 5.5  0.2  5.7 
March 31, 2019 $ (275.4) $ (0.1) $ (275.5)
Other comprehensive income (loss) before reclassifications 0.3  (2.3) (2.0)
Net loss reclassified from accumulated other comprehensive loss 5.5  0.2  5.7 
June 30, 2019 $ (269.6) $ (2.2) $ (271.8)
Other comprehensive income (loss) before reclassifications 0.3  (0.5) (0.2)
Net loss reclassified from accumulated other comprehensive loss 5.5  0.9  6.4 
September 30, 2019 $ (263.8) $ (1.8) $ (265.6)
Details of Accumulated Other Comprehensive Income (Loss) Components The following table reflects the details about Accumulated other comprehensive loss components related to shareholders’ equity:
(In Millions)
Details about Accumulated Other Comprehensive Loss Components Amount of (Gain)/Loss Reclassified into Income, Net of Tax Affected Line Item in the Statement of Unaudited Condensed Consolidated Operations
Three Months Ended
September 30,
Nine Months Ended
September 30,
2020 2019 2020 2019
Amortization of pension and OPEB liability:
Prior service credits $ (0.3) $ (0.2) $ (0.8) $ (0.6) Other non-operating income
Net actuarial loss 8.1  7.2  22.8  21.5  Other non-operating income
7.8  7.0  22.0  20.9  Total before taxes
(1.6) (1.5) (4.6) (4.4) Income tax benefit (expense)
$ 6.2  $ 5.5  $ 17.4  $ 16.5  Net of taxes
Unrealized loss on derivative financial instruments:
Commodity contracts $ 4.5  $ 1.2  $ 11.2  $ 1.7  Cost of goods sold
(1.0) (0.3) (2.4) (0.4) Income tax benefit (expense)
$ 3.5  $ 0.9  $ 8.8  $ 1.3  Net of taxes
Total reclassifications for the period, net of tax $ 9.7  $ 6.4  $ 26.2  $ 17.8