Comprehensive Income

3 Months Ended

Mar. 31, 2023

The following table provides information on items reclassified from AOCL to Net income in the accompanying Consolidated Statements of Operations (in millions):


	For the Three Months Ended March 31,				Affected Line Item(s) in the Consolidated Statements of Operations
	2023		2022
(Losses) Gains on Cash Flow Hedges:
Derivatives contracts	$	(0.4)	$	7.5		Cost of goods sold; Losses (gains) and other expenses, net
Income tax benefit (expense)	0.1		(1.7)			Provision for income taxes
Net of tax	$	(0.3)	$	5.8

Defined Benefit Plan items:
Pension and post-retirement benefit costs	$	(0.2)	$	(1.3)		Other expense (income), net
Pension settlements	(0.2)		(0.1)			Pension settlements
Income tax benefit	0.1		0.2			Provision for income taxes
Net of tax	$	(0.3)	$	(1.2)






Total reclassifications from AOCL	$	(0.6)	$	4.6

The following table provides information on changes in AOCL, by component (net of tax), for the three months ended March 31, 2023 (in millions):


	(Losses) Gains on Cash Flow Hedges		Share of equity method investments other comprehensive income		Defined Benefit Pension Plan Items		Foreign Currency Translation Adjustments		Total AOCL
Balance as of December 31, 2022	$	(4.9)	$	(0.5)	$	(46.2)	$	(39.0)	$	(90.6)
Other comprehensive income (loss) before reclassifications	4.7		—		(0.1)		6.8		11.4
Amounts reclassified from AOCL	0.3		—		0.3		—		0.6
Net other comprehensive income	5.0		—		0.2		6.8		12.0
Balance as of March 31, 2023	$	0.1	$	(0.5)	$	(46.0)	$	(32.2)	$	(78.6)