Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of accumulated other comprehensive income (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 June 30, 2023
Balance, March 31, 2023	$	(225.7)	$	15.1	$	(210.6)
Other comprehensive loss before reclassifications:
Decrease	(26.7)		—		(26.7)
Income tax impact	0.8		—		0.8
Other comprehensive loss before reclassifications, net of income taxes	(25.9)		—		(25.9)
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		(0.5)		(0.5)
Income tax impact	—		0.1		0.1
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		(0.4)		(0.4)
Net current period other comprehensive loss, net of income taxes	(25.9)		(0.4)		(26.3)
Balance, June 30, 2023	$	(251.6)	$	14.7	$	(236.9)

	Foreign Currency Translation Adjustments		Unrealized Loss on Cash Flow Hedges		Unrealized Pension Costs		Total Accumulated Other Comprehensive Loss
Three Months Ended July 1, 2022
Balance, April 1, 2022	$	(199.2)	$	(0.3)	$	(2.3)	$	(201.8)
Other comprehensive (loss) income before reclassifications:
(Decrease) increase	(60.4)		0.7		—		(59.7)
Income tax impact	(12.5)		(0.2)		—		(12.7)
Other comprehensive (loss) income before reclassifications, net of income taxes	(72.9)		0.5		—		(72.4)
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		—		—		—
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	(72.9)		0.5		(0.1)		(72.5)
Balance, July 1, 2022	$	(272.1)	$	0.2	$	(2.4)	$	(274.3)

	Foreign Currency Translation Adjustments		Unrealized Pension Costs		Total Accumulated Other Comprehensive Loss
Six Months Ended June 30, 2023
Balance, December 31, 2022	$	(240.5)	$	15.4	$	(225.1)
Other comprehensive loss before reclassifications:
Decrease	(12.6)		—		(12.6)
Income tax impact	1.5		—		1.5
Other comprehensive loss before reclassifications, net of income taxes	(11.1)		—		(11.1)
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		(0.9)		(0.9)
Income tax impact	—		0.2		0.2
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		(0.7)		(0.7)
Net current period other comprehensive loss, net of income taxes	(11.1)		(0.7)		(11.8)
Balance, June 30, 2023	$	(251.6)	$	14.7	$	(236.9)

	Foreign Currency Translation Adjustments		Unrealized Loss on Cash Flow Hedges		Unrealized Pension Costs		Total Accumulated Other Comprehensive Loss
Six Months Ended July 1, 2022
Balance, December 31, 2021	$	(139.6)	$	(1.7)	$	(2.2)	$	(143.5)
Other comprehensive (loss) income before reclassifications:
(Decrease) increase	(114.2)		2.5		—		(111.7)
Income tax impact	(18.3)		(0.6)		—		(18.9)
Other comprehensive (loss) income before reclassifications, net of income taxes	(132.5)		1.9		—		(130.6)
Amounts reclassified from accumulated other comprehensive loss:
Increase	—		—		(0.2)		(0.2)
Income tax impact	—		—		—		—
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		—		(0.2)		(0.2)
Net current period other comprehensive (loss) income, net of income taxes	(132.5)		1.9		(0.2)		(130.8)
Balance, July 1, 2022	$	(272.1)	$	0.2	$	(2.4)	$	(274.3)