Equity (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Stockholders' Equity

	Common Stock
In millions, shares in thousands	Shares	Amount		Additional paid in capital		Retained earnings		Accumulated other comprehensive income (loss)		Treasury stock		Total Equity
Balance at December 31, 2024	43,630	$	0.4	$	176.8	$	572.0	$	(41.4)	$	(512.6)	$	195.2
Net income (loss)	—	—		—		20.5		—		—		20.5
Other comprehensive income (loss)	—	—		—		—		17.4		—		17.4
Common stock issued	155	—		—		—		—		—		—
Tax payments related to vested restricted stock units	—	—		—		—		—		(2.6)		(2.6)
Share-based compensation plans	—	—		4.1		—		—		—		4.1
Balance at March 31, 2025	43,785	$	0.4	$	180.9	$	592.5	$	(24.0)	$	(515.2)	$	234.6
Net income (loss)	—	—		—		(146.5)		—		—		(146.5)
Other comprehensive income (loss)	—	—		—		—		28.2		—		28.2
Common stock issued	15	—		—		—		—		—		—
Share-based compensation plans	—	—		4.4		—		—		—		4.4
Balance at June 30, 2025	43,800	$	0.4	$	185.3	$	446.0	$	4.2	$	(515.2)	$	120.7

	Common Stock
In millions, shares in thousands	Shares	Amount		Additional paid in capital		Retained earnings		Accumulated other comprehensive income (loss)		Treasury stock		Total Equity
Balance at December 31, 2023	43,447	$	0.4	$	164.9	$	1,002.3	$	(26.7)	$	(509.5)	$	631.4
Net income (loss)	—	—		—		(56.0)		—		—		(56.0)
Other comprehensive income (loss)	—	—		—		—		(8.9)		—		(8.9)
Common stock issued	138	—		—		—		—		—		—
Tax payments related to vested restricted stock units	—	—		—		—		—		(2.6)		(2.6)
Share-based compensation plans	—	—		4.3		—		—		—		4.3
Balance at March 31, 2024	43,585	$	0.4	$	169.2	$	946.3	$	(35.6)	$	(512.1)	$	568.2
Net income (loss)	—	—		—		(283.7)		—		—		(283.7)
Other comprehensive income (loss)	—	—		—		—		(1.9)		—		(1.9)
Common stock issued	20	—		—		—		—		—		—
Tax payments related to vested restricted stock units	—	—		—		—		—		(0.2)		(0.2)
Share-based compensation plans	—	—		2.4		—		—		—		2.4
Balance at June 30, 2024	43,605	$	0.4	$	171.6	$	662.6	$	(37.5)	$	(512.3)	$	284.8

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss)
	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2025		2024		2025		2024
Foreign currency translation
Beginning balance	$	(27.2)	$	(34.7)	$	(44.4)	$	(25.6)
Net gains (losses) on foreign currency translation	29.5		(2.6)		46.7		(11.7)
Other comprehensive income (loss), net of tax	29.5		(2.6)		46.7		(11.7)
Ending balance	$	2.3	$	(37.3)	$	2.3	$	(37.3)
Derivative instruments
Beginning balance	$	0.7	$	(1.4)	$	0.5	$	(1.6)
Gains (losses) on derivative instruments	(1.8)		0.1		(1.7)		(0.3)
Less: tax provision (benefit)	(0.4)		—		(0.4)		(0.1)
Net gains (losses) on derivative instruments	(1.4)		0.1		(1.3)		(0.2)
(Gains) losses reclassified to net income	0.1		0.8		0.3		1.5
Less: tax (provision) benefit	—		0.2		0.1		0.4
Net (gains) losses reclassified to net income	0.1		0.6		0.2		1.1
Other comprehensive income (loss), net of tax	(1.3)		0.7		(1.1)		0.9
Ending balance	$	(0.6)	$	(0.7)	$	(0.6)	$	(0.7)
Pension and other postretirement benefits
Beginning balance	$	2.5	$	0.5	$	2.5	$	0.5
Other comprehensive income (loss), net of tax	—		—		—		—
Ending balance	$	2.5	$	0.5	$	2.5	$	0.5
Total AOCI ending balance at June 30	$	4.2	$	(37.5)	$	4.2	$	(37.5)

Reclassifications of accumulated other comprehensive income (loss)
	Three Months Ended June 30,				Six Months Ended June 30,
In millions	2025		2024		2025		2024
Derivative instruments
Currency exchange contracts (1)	$	(0.2)	$	—	$	(0.2)	$	—
Natural gas contracts (1)	0.1		(0.8)		(0.1)		(1.5)
Total before tax	(0.1)		(0.8)		(0.3)		(1.5)
(Provision) benefit for income taxes	—		0.2		0.1		0.4
Amount included in net income (loss)	$	(0.1)	$	(0.6)	$	(0.2)	$	(1.1)

_______________

(1) Included within "Cost of sales" on the condensed consolidated statements of operations.