Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

ACCUMULATED OTHER COMPREHENSIVE LOSS

The changes in accumulated other comprehensive loss by component are summarized below ($ in millions).

	Foreign Currency Translation Adjustments		Unrealized Pension Costs		Total Accumulated Other Comprehensive Loss
Three Months Ended March 31, 2023
Balance, December 31, 2022	$	(240.5)	$	15.4	$	(225.1)
Other comprehensive loss before reclassifications:
Increase (decrease)	14.1		—		14.1
Income tax impact	0.7		—		0.7
Other comprehensive income (loss) before reclassifications, net of income taxes	14.8		—		14.8
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		(0.4)		(0.4)
Income tax impact	—		0.1		0.1
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		(0.3)		(0.3)
Net current period other comprehensive income (loss), net of income taxes	14.8		(0.3)		14.5
Balance, March 31, 2023	$	(225.7)	$	15.1	$	(210.6)

	Foreign Currency Translation Adjustments		Unrealized Loss on Cash Flow Hedges		Unrealized Pension Costs		Total Accumulated Other Comprehensive Loss
Three Months Ended April 1, 2022
Balance, December 31, 2021	$	(139.6)	$	(1.7)	$	(2.2)	$	(143.5)
Other comprehensive (loss) income before reclassifications:
(Decrease) increase	(53.8)		1.8		—		(52.0)
Income tax impact	(5.8)		(0.4)		—		(6.2)
Other comprehensive (loss) income before reclassifications, net of income taxes	(59.6)		1.4		—		(58.2)
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		—		(0.2)		(0.2)
Income tax impact	—		—		0.1		0.1
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		—		(0.1)		(0.1)
Net current period other comprehensive (loss) income, net of income taxes	(59.6)		1.4		(0.1)		(58.3)
Balance, April 1, 2022	$	(199.2)	$	(0.3)	$	(2.3)	$	(201.8)