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Stockholders' Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss Balances, Net of Tax

Accumulated other comprehensive loss balances, net of tax, consist of the following (in millions):

Foreign Currency Translation

 

Defined Benefit Obligation

 

Accumulated Other Comprehensive Loss

 

Balance, December 31, 2022

 

$

(549.0

)

 

$

(1.1

)

 

$

(550.1

)

Net current period other comprehensive income

 

$

42.0

 

 

$

0.1

 

 

$

42.1

 

Balance, March 31, 2023

 

$

(507.0

)

 

$

(1.0

)

 

$

(508.0

)

Schedule of Adjustments to Accumulated Other Comprehensive Loss

Adjustments to accumulated other comprehensive loss are as follows (in millions):

 

 

Three Months Ended March 31,

 

 

2023

 

 

2022

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

Interest Rate Swap

 

 

 

 

 

 

 

 

Unrealized gains (losses) on interest rate swaps

 

$

 

$

 

 

$

3.2

 

 

$

(0.4

)

Reclassification of gains into net earnings on interest rate swaps

 

 

 

 

 

 

 

(1.6

)

 

 

 

Net change in cash flow hedges

 

 

 

 

 

 

 

1.6

 

 

 

(0.4

)

Defined Benefit Pension

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized net gains (losses) on defined benefit pension plan

 

 

 

 

 

0.1

 

 

 

(0.3

)

 

 

(0.8

)

Foreign Currency Translation

 

 

 

 

 

 

 

 

 

 

Current period translation adjustments

 

 

44.2

 

 

(2.2

)

 

 

(29.8

)

 

 

1.5

 

Total other comprehensive income (loss)

 

$

44.2

 

$

(2.1

)

 

$

(28.5

)

 

$

0.3