Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

	MCBC stockholders' equity
	Foreign currency translation adjustments		Gain (loss) on derivative instruments		Pension and postretirement benefit adjustments		Equity method investments		Accumulated other comprehensive income (loss)
	(In millions)
As of December 31, 2023	$	(778.0)	$	30.6	$	(352.7)	$	(16.2)	$	(1,116.3)
Foreign currency translation adjustments	(144.3)		—		—		—		(144.3)
Gain (loss) recognized on net investment hedges	26.0		—		—		—		26.0
Unrealized gain (loss) recognized on derivative instruments	—		39.7		—		—		39.7
Pension and other postretirement activity reclassified from other comprehensive income (loss)	—		—		(4.8)		—		(4.8)
Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)	—		—		—		0.3		0.3
Tax benefit (expense)	(9.2)		(9.8)		1.2		(0.1)		(17.9)
As of June 30, 2024	$	(905.5)	$	60.5	$	(356.3)	$	(16.0)	$	(1,217.3)