Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2022

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

8. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table represents amounts reclassified from accumulated other comprehensive loss for the three months ended September 30, 2022 and 2021:

	Three Months Ended September 30, 2022		Three Months Ended ‎September 30, 2021
	Amortization of Pension ‎and Other ‎Postretirement Benefits Items		Amortization of Pension ‎and Other ‎Postretirement Benefits Items
	Actuarial ‎Losses ‎Recognized		Actuarial ‎Losses ‎Recognized
Affected Line in Condensed Consolidated Statement of Income:
Non-operating expenses(A)	$	21.7	$	25.3
Tax benefit		(5.6)		(6.5)
Total reclassifications for the period, net of tax	$	16.1	$	18.8

^(A) A settlement charge of $15.9 million and $16.7 million is included in 2022 and 2021 non-operating expenses, respectively.

The following table represents amounts reclassified from accumulated other comprehensive loss for the nine months ended September 30, 2022 and 2021:

	Nine Months Ended September 30, 2022		Nine Months Ended September 30, 2021
	Amortization of Pension ‎and Other ‎Postretirement Benefits Items		Amortization of Pension ‎and Other ‎Postretirement Benefits Items
	Actuarial ‎Losses ‎Recognized		Actuarial ‎Losses ‎Recognized
Affected Line in Condensed Consolidated Statement of Income:
Non-operating expenses(B)	$	33.4	$	42.6
Tax benefit		(8.6)		(11.0)
Total reclassifications for the period, net of tax	$	24.8	$	31.6

^(B) A settlement charge of $15.9 million and $16.7 million is included in 2022 and 2021 non-operating expenses, respectively.

The following table represents the activity included in accumulated other comprehensive loss for the three months ended September 30, 2022 and 2021:

	Three Months Ended September 30, 2022						Three Months Ended September 30, 2021
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance July 1,	$	(7.3)	$	(166.8)	$	(174.1)	$	(1.7)	$	(228.8)	$	(230.5)
Other comprehensive loss before reclassifications		(9.4)		—		(9.4)		(3.3)		—		(3.3)
Amounts reclassified from accumulated other comprehensive income (net of tax $(5.6) and $(6.5))		—		16.1		16.1		—		18.8		18.8
Actuarial (loss) gain (net of tax of $0.1 and $(5.1))		—		(0.4)		(0.4)		—		14.9		14.9
Net current-period other comprehensive (loss) income		(9.4)		15.7		6.3		(3.3)		33.7		30.4
Ending balance September 30,	$	(16.7)	$	(151.1)	$	(167.8)	$	(5.0)	$	(195.1)	$	(200.1)

The following table represents the activity included in accumulated other comprehensive loss for the nine months ended September 30, 2022 and 2021:

	Nine Months Ended September 30, 2022						Nine Months Ended September 30, 2021
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance January 1,	$	(5.0)	$	(175.5)	$	(180.5)	$	(5.1)	$	(241.6)	$	(246.7)
Other comprehensive (loss) income before reclassifications		(11.7)		—		(11.7)		0.1		—		0.1
Amounts reclassified from accumulated other comprehensive income (net of tax $(8.6) and $(11.0))		—		24.8		24.8		—		31.6		31.6
Actuarial (loss) gain (net of tax of $0.1 and $(5.1))		—		(0.4)		(0.4)		—		14.9		14.9
Net current-period other comprehensive (loss) income		(11.7)		24.4		12.7		0.1		46.5		46.6
Ending balance September 30,	$	(16.7)	$	(151.1)	$	(167.8)	$	(5.0)	$	(195.1)	$	(200.1)