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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Currency Contracts As of June 30, 2025, we had outstanding foreign currency contracts to purchase and sell certain pairs of currencies, as follows:
(in millions)Sell
CurrencyPurchaseUSDEURSGD
EUR25.2 28.0 — — 
JPY6,154.5 29.5 10.7 1.8 
SGD43.2 18.4 13.2 — 
Schedule of Effects of Derivative Instruments on Other Comprehensive Income ('OCI') and Earnings
The following table summarizes the effects of derivative instruments designated as fair value hedges on the condensed consolidated statements of income:
Amount of Gain (Loss) Recognized in Income for theAmount of Gain (Loss) Recognized in Income for the
Three Months Ended
June 30,		Six Months Ended
June 30,		Location on Statement of Income
($ in millions)2025202420252024
Fair Value Hedges:
Hedged item (intercompany loan)
$0.1 $2.9 $3.4 $10.4 Other expense (income)
Derivative designated as hedging instrument
(0.1)(2.9)(3.4)(10.4)Other expense (income)
Amount excluded from effectiveness testing
(0.5)(1.7)(0.9)(3.5)Other expense (income)
Total$(0.5)$(1.7)$(0.9)$(3.5)
The following tables summarize the effects of derivative instruments designated as fair value, cash flow, and net investment hedges on other comprehensive income (“OCI”) and earnings, net of tax:
 Amount of Gain (Loss) Recognized in OCI for theAmount of (Gain) Loss Reclassified from Accumulated OCI into Income for theLocation of (Gain) Loss Reclassified from Accumulated OCI into Income
Three Months Ended
June 30,		Three Months Ended
June 30,
($ in millions)2025202420252024 
Fair Value Hedges:
Foreign currency hedge contracts$0.4 $0.5 $— $(0.7)Other expense (income)
Total$0.4 $0.5 $— $(0.7)
Cash Flow Hedges:     
Foreign currency hedge contracts$(1.9)$— $0.3 $(0.1)Net sales
Foreign currency hedge contracts4.1 (3.7)(0.4)1.4 Cost of goods and services sold
Total$2.2 $(3.7)$(0.1)$1.3  
Net Investment Hedges:     
Cross-currency swap$(3.5)$3.8 $— $— Other expense (income)
Total$(3.5)$3.8 $— $—  

 Amount of Gain (Loss) Recognized in OCI for theAmount of (Gain) Loss Reclassified from Accumulated OCI into Income for theLocation of (Gain) Loss Reclassified from Accumulated OCI into Income
Six Months Ended
June 30,		Six Months Ended
June 30,
($ in millions)2025202420252024 
Fair Value Hedges:
Foreign currency hedge contracts$0.8 $0.2 $— $(0.7)Other expense (income)
Total$0.8 $0.2 $— $(0.7)
Cash Flow Hedges:     
Foreign currency hedge contracts$(2.6)$0.1 $0.1 $(0.2)Net sales
Foreign currency hedge contracts6.5 (6.6)0.2 2.6 Cost of goods and services sold
Forward treasury locks— — — 0.1 Interest expense
Total$3.9 $(6.5)$0.3 $2.5  
Net Investment Hedges:     
Cross-currency swap$(6.3)$8.4 $— $— Other expense (income)
Total$(6.3)$8.4 $— $—  

Refer to the above table which summarizes the effects of derivative instruments designated as fair value hedges within the other expense (income) line in our condensed consolidated statements of income for the three and six months ended June 30, 2025 and June 30, 2024.
The following table summarizes the effects of derivative instruments designated as cash flow and net investment hedges by line item in the condensed consolidated statements of income:
Three Months Ended
June 30,		Six Months Ended
June 30,
($ in millions)2025202420252024
Net sales$0.3 $(0.1)$0.1 $(0.2)
Cost of goods and services sold$(0.4)$1.4 $0.2 $2.6 
Interest expense$— $— $— $0.1 
Schedule of Derivative Instruments Not Designated as Hedges
The following table summarizes the effects of derivative instruments not designated as hedges on the condensed consolidated statements of income:
Amount of Gain (Loss) Recognized in Income for theAmount of Gain (Loss) Recognized in Income for the
Three Months Ended
June 30,		Six Months Ended
June 30,		Location on Statement of Income
($ in millions)2025202420252024
Commodity call options$(0.2)$(0.2)$(0.4)$(0.1)Other expense (income)
Currency Forwards0.8 0.1 0.8 0.5 Other expense (income)
Total$0.6 $(0.1)$0.4 $0.4