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, 2024

$

(1,087.0)

$

83.6

$

(342.4)

$

(16.6)

$

(1,362.4)

Foreign currency translation adjustments

404.8

—

404.8

Gain (loss) recognized on net investment hedges

(114.1)

—

(114.1)

Unrealized gain (loss) recognized on derivative instruments

—

(32.4)

—

(32.4)

Derivative instrument activity reclassified from other comprehensive income (loss)

—

(0.6)

—

(0.6)

Pension and other postretirement activity reclassified from other comprehensive income (loss)

—

(3.9)

—

(3.9)

Ownership share of unconsolidated subsidiaries' other comprehensive income (loss)

—

0.2

Tax benefit (expense)

32.5

8.3

0.8

(0.1)

41.5

As of June 30, 2025

$

(763.8)

$

58.9

$

(345.5)

$

(16.5)

$

(1,066.9)