Comprehensive Income (Tables)
 12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Schedule of Components of Other Comprehensive Income and Income Tax Expense Allocated to Each Component

The components of other comprehensive income and income tax expense allocated to each component for the years ended December 31, 2016, 2015 and 2014 were as follows:

 

 

2016

 

 

2015

 

 

2014

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Before Tax

 

 

Income Tax

 

 

Net of Tax

 

 

Amount

 

 

Expense

 

 

Amount

 

 

Amount

 

 

Expense

 

 

Amount

 

 

Amount

 

 

Expense

 

 

Amount

 

Translation adjustments

$

(0.1

)

 

$

—

 

 

$

(0.1

)

 

$

(7.5

)

 

$

—

 

 

$

(7.5

)

 

$

(2.9

)

 

$

—

 

 

$

(2.9

)

Adjustment for net periodic pension plan and other postretirement benefits plan cost

 

11.9

 

 

 

4.8

 

 

 

7.1

 

 

 

45.9

 

 

 

18.4

 

 

 

27.5

 

 

 

(284.5

)

 

 

(114.6

)

 

 

(169.9

)

Other comprehensive income (loss)

$

11.8

 

 

$

4.8

 

 

$

7.0

 

 

$

38.4

 

 

$

18.4

 

 

$

20.0

 

 

$

(287.4

)

 

$

(114.6

)

 

$

(172.8

)

 
Schedule of Changes in Accumulated Other Comprehensive Loss

The following table summarizes changes in accumulated other comprehensive loss by component for the years ended December 31, 2016, 2015 and 2014:

 

 

Pension and Other Postretirement Benefits Plan Cost

 

 

Translation Adjustments

 

 

Total

 

Balance at January 1, 2014

$

(495.3

)

 

$

(5.6

)

 

$

(500.9

)

Other comprehensive loss before reclassifications

 

(244.5

)

 

 

(2.9

)

 

 

(247.4

)

Amounts reclassified from accumulated other comprehensive loss

 

74.6

 

 

 

—

 

 

 

74.6

 

Net change in accumulated other comprehensive loss

 

(169.9

)

 

 

(2.9

)

 

 

(172.8

)

Balance at December 31, 2014

$

(665.2

)

 

$

(8.5

)

 

$

(673.7

)

Other comprehensive income (loss) before reclassifications

 

5.7

 

 

 

(7.5

)

 

 

(1.8

)

Amounts reclassified from accumulated other comprehensive loss

 

21.8

 

 

 

—

 

 

 

21.8

 

Transfer of pension plan to parent company, net

 

637.7

 

 

 

—

 

 

 

637.7

 

Net change in accumulated other comprehensive loss

 

665.2

 

 

 

(7.5

)

 

 

657.7

 

Balance at December 31, 2015

$

—

 

 

$

(16.0

)

 

$

(16.0

)

Other comprehensive income before reclassifications

 

6.7

 

 

 

(0.1

)

 

 

6.6

 

Amounts reclassified from accumulated other comprehensive loss

 

0.4

 

 

 

—

 

 

 

0.4

 

Transfer of pension plan from parent company, net

 

(59.3

)

 

 

—

 

 

 

(59.3

)

Net change in accumulated other comprehensive loss

 

(52.2

)

 

 

(0.1

)

 

 

(52.3

)

Balance at December 31, 2016

$

(52.2

)

 

$

(16.1

)

 

$

(68.3

)

 
Reclassifications from Accumulated Other Comprehensive Loss, Amortization of Pension Plan Cost

Reclassifications from accumulated other comprehensive loss for the years ended December 31, 2016, 2015 and 2014 were as follows:  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Classification in the

 

 

 

 

 

 

 

 

Consolidated and Combined

 

2016

 

 

2015

 

 

2014

 

 

Statements of Operations

Amortization of pension and other postretirement benefits plan cost:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net actuarial income

$

0.7

 

 

$

36.4

 

 

$

29.1

 

 

(a)

Settlements

 

—

 

 

 

—

 

 

 

95.7

 

 

(a)

Reclassifications before tax

 

0.7

 

 

 

36.4

 

 

 

124.8

 

 

 

Income tax expense

 

0.3

 

 

 

14.6

 

 

 

50.2

 

 

 

Reclassifications, net of tax

$

0.4

 

 

$

21.8

 

 

$

74.6

 

 

 

 

(a)

These accumulated other comprehensive (loss) income components are included in the calculation of net periodic pension and other postretirement benefits plan (income) expense, a component of which was allocated to Donnelley Financial in periods prior to the Separation, and recognized in cost of sales and selling, general and administrative expenses in the consolidated and combined statements of operations (see Note 11, Retirement Plans).