Description of Business and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Reconciliation of Basic to Diluted Shares Outstanding

The following is a reconciliation of basic to diluted shares outstanding:

	Years Ended December 31,
	2021		2020		2019
Shares used in net income per common share - basic		64.8		64.6		64.3
Effect of dilutive shares		0.6		—		0.2
Shares used in net income per common share - diluted		65.4		64.6		64.5
Shares excluded as their inclusion would be anti-dilutive		—		0.2		—

Depreciation and Estimated Useful Life of Property, Plant and Equipment, Including Finance Leases

Depreciation of property, plant and equipment, including finance leases, is provided using the straight-line method over the estimated useful life of the asset, as follows:

Buildings and improvements	7 to 45 years
Machinery and equipment	2 to 15 years
Finance lease	Life of lease

Reconciliation of Changes in Accumulated Other Comprehensive Income (Loss) by Component

The following is a reconciliation of changes in Accumulated Other Comprehensive Income (Loss) for the periods presented:

	Gains and (Losses) on Cash Flow Hedges			Pension & Other Post Retirement Benefit Plans			Cumulative Foreign Currency Translation Adjustment			Total
Accumulated other comprehensive income/(loss) by component, January 1, 2019	$	(6.6	)	$	(0.2	)	$	(64.8	)	$	(71.6	)
Change in fair value of interest rate swap, net of tax		(9.9	)		—			—			(9.9	)
Pension adjustments, net of tax		—			(1.4	)		—			(1.4	)
Reclassification of pension adjustments, net of tax		—			0.1			—			0.1
Foreign currency translation adjustments		—			—			(26.9	)		(26.9	)
Change in fair value of net investment hedge, net of tax		—			—			19.8			19.8
Net current-period other comprehensive income/(loss)		(9.9	)		(1.3	)		(7.1	)		(18.3	)
Accumulated other comprehensive income/(loss) by component, December 31, 2019	$	(16.5	)	$	(1.5	)	$	(71.9	)	$	(89.9	)
Change in fair value of interest rate swap, net of tax		(11.9	)		—			—			(11.9	)
Reclassification of interest rate swap to income, net of tax		6.9			—			—			6.9
Pension adjustments, net of tax		—			(2.6	)		—			(2.6	)
Reclassification of pension adjustments, net of tax		—			0.4			—			0.4
Foreign currency translation adjustments		—			—			87.0			87.0
Change in fair value of net investment hedge, net of tax		—			—			31.2			31.2
Net current-period other comprehensive income/(loss)		(5.0	)		(2.2	)		118.2			111.0
Accumulated other comprehensive income/(loss) by component, December 31, 2020	$	(21.5	)	$	(3.7	)	$	46.3		$	21.1
Reclassification of interest rate swap to income, net of tax		21.5			—			—			21.5
Pension & other post retirement benefit obligation adjustment, net of tax		—			3.3			—			3.3
Reclassification of pension adjustments, net of tax		—			0.6			—			0.6
Foreign currency translation adjustments		—			—			(57.5	)		(57.5	)
Net current-period other comprehensive income/(loss)		21.5			3.9			(57.5	)		(32.1	)
Accumulated other comprehensive income/(loss) by component, December 31, 2021	$	-		$	0.2		$	(11.2	)	$	(11.0	)