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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss Balances, Net of Tax

Accumulated other comprehensive loss balances, net of tax consists 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 (loss)

 

 

124.5

 

 

 

(0.7

)

 

 

123.8

 

Balance, December 31, 2023

 

$

(424.5

)

 

$

(1.8

)

 

$

(426.3

)

Net current period other comprehensive (loss) income

 

 

(115.1

)

 

 

0.2

 

 

 

(114.9

)

Balance, December 31, 2024

 

$

(539.6

)

 

$

(1.6

)

 

$

(541.2

)

Schedule of Adjustments to Accumulated Other Comprehensive Income (Loss)

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

 

Year Ended December 31, 2024

 

 

Year Ended December 31, 2023

 

Year Ended December 31, 2022

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

Interest Rate Swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized gains (losses) on interest rate swaps

 

$

 

$

 

 

$

 

 

$

 

 

$

8.8

 

 

$

(1.7

)

Reclassification of gains into net earnings on interest rate swaps

 

 

 

 

 

 

 

 

 

 

 

 

 

(2.3

)

 

 

 

Net change in cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

6.5

 

 

 

(1.7

)

Defined Benefit Pension

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized net gains (losses) on defined benefit pension plan

 

 

0.1

 

 

 

0.1

 

 

 

(0.9

)

 

 

0.2

 

 

 

(0.5

)

 

 

(0.8

)

Foreign Currency Translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current period translation adjustments

 

 

(88.6

)

 

(26.5

)

 

 

130.4

 

 

 

(5.9

)

 

 

(326.1

)

 

 

14.5

 

Total other comprehensive (loss) income

 

$

(88.5

)

$

(26.4

)

 

$

129.5

 

 

$

(5.7

)

 

$

(320.1

)

 

$

12.0