It is not the Company’s business practice to enter into off-balance sheet arrangements. In the normal course of business, the Company may enter into contracts in which it makes representations and warranties that relate to the performance of the Company’s services and products. The Company does not expect any material losses related to such representations and warranties. Comprehensive income is a measure of income that includes both net earnings and other comprehensive income (loss). Other comprehensive income/(loss) results from items deferred on the Consolidated Balance Sheets in stockholders' equity. Other comprehensive income/(loss) was $422.5 million, ($254.3) million, and ($168.1) million in fiscal 2019, 2018, and 2017, respectively. Changes in Accumulated Other Comprehensive (Loss)/Income (“AOCI”) by component are as follows: NOTE 15. RECLASSIFICATION OUT OF ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME (A) Reclassification adjustments out of AOCI are included within Other (income)/expense, net, on the Statements of Consolidated Earnings. (B) Reclassification adjustments out of AOCI are included in net pension expense (see Note 12). (C) During fiscal 2018, the Company adopted ASU 2018-02 and reclassified stranded tax effects attributable to the Act from AOCI to retained earnings. The fiscal 2018 Consolidated Balance Sheets reflect the reclassification out of accumulated other comprehensive (loss)/income into retained earnings (see Note 1). 82 Currency Translation Adjustment Net Gains on Available-for- sale Securities Pension Liability Accumulated Other Comprehensive (Loss) / Income Balance at June 30, 2016 $ (253.8) $ 333.8 $ (295.1) $ (215.1) Other comprehensive income/(loss) before reclassification adjustments 19.0 (405.7 ) 109.6 (277.1 ) Tax effect — 141.6 (43.6) 98.0 Reclassification adjustments to  net earnings — (2.2 ) (A) 20.6 (B) 18.4 Tax effect — 0.8 (8.2) (7.4) Balance at June 30, 2017 $ (234.8 ) $ 68.3 $ (216.7 ) $ (383.2 ) Other comprehensive income/(loss) before reclassification adjustments 7.8 (460.7) 87.0 (365.9) Tax effect — 123.4 (18.7 ) 104.7 Reclassification adjustments to net earnings — 2.7 (A) 9.3 (B) 12.0 Tax effect — (0.6 ) (4.5 ) (5.1 ) Reclassification to retained earnings (C) — (7.1) (C) (35.2) (C) (42.3) Balance at June 30, 2018 $ (227.0 ) $ (274.0 ) $ (178.8 ) $ (679.8 ) Other comprehensive (loss)/income before reclassification adjustments (42.2) 642.4 (84.7) 515.5 Tax effect — (144.4 ) 20.0 (124.4 ) Reclassification adjustments to net earnings — 0.9 (A) 40.3 (B) 41.2 Tax effect — (0.3 ) (9.5 ) (9.8 ) Balance at June 30, 2019 $ (269.2) $ 224.6 $ (212.7) $ (257.3)