Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in the Company’s Accumulated Other Comprehensive Income (AOCI), net of tax, by component for the three and six months ended June 30, 2025 and 2024:

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	Three months ended June 30,				Six months ended June 30,
(in millions)	2025		2024		2025		2024
Beginning balance	$	(41.6)	$	(28.8)	$	(111.6)	$	14.2
Other comprehensive income (loss) before reclassifications(1)	128.6		(35.2)		198.6		(78.2)
Currency translation adjustments AOCI	$	87.0	$	(64.0)	$	87.0	$	(64.0)
Beginning balance	$	(0.1)	$	(0.1)	$	(0.1)	$	(0.1)
Other comprehensive income (loss) before reclassifications	—		(0.3)		—		(0.3)
Foreign currency hedges AOCI	$	(0.1)	$	(0.4)	$	(0.1)	$	(0.4)
Beginning balance	$	(0.1)	$	—	$	(0.1)	$	—
Other comprehensive loss before reclassifications	—		(0.3)		—		(0.3)
Interest rate hedges AOCI	$	(0.1)	$	(0.3)	$	(0.1)	$	(0.3)
Beginning balance	$	(6.3)	$	(1.1)	$	(5.7)	$	(6.1)
Amounts reclassified from AOCI(2)	(0.8)		1.9		(1.4)		6.9
Pension and other post-retirement benefits	$	(7.1)	$	0.8	$	(7.1)	$	0.8
Beginning balance	$	(0.7)	$	(0.4)	$	(0.4)	$	(0.4)
Other comprehensive loss before reclassifications	—		—		(0.3)		—
Other	$	(0.7)	$	(0.4)	$	(0.7)	$	(0.4)
AOCI at June 30	$	79.0	$	(64.3)	$	79.0	$	(64.3)

(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(0.3), $0.2, $— and $0.2 translation amount attributable to noncontrolling interests for the three and six months ended June 30, 2025 and 2024, respectively.

(2) The total reclassification from AOCI included pension and post-retirement net actuarial gain (loss) of $(0.8), $1.9, $(1.4) and $6.9, net of tax, for the three and six months ended June 30, 2025 and 2024, respectively.