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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Components of Changes in Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (“AOCI”) are as follows:

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Foreign

 

 

Defined

 

 

 

 

 

Other

 

 

Currency

 

 

Benefit

 

 

Derivative

 

 

Comprehensive

 

 

Adjustments

 

 

Plans

 

 

Agreements

 

 

Income (Loss)

 

Balance December 31, 2020

$

(26.4

)

 

$

0.0

 

 

$

(51.2

)

 

$

(77.6

)

Other comprehensive income before reclassifications

 

(3.8

)

 

 

(0.8

)

 

 

26.7

 

 

 

22.1

 

Amounts reclassified to consolidated statement of
   income
(a)

 

0.0

 

 

 

0.0

 

 

 

(8.2

)

 

 

(8.2

)

Tax benefit (expense)

 

0.0

 

 

 

0.2

 

 

 

(4.7

)

 

 

(4.5

)

Other comprehensive income (loss)

 

(3.8

)

 

 

(0.6

)

 

 

13.8

 

 

 

9.4

 

Balance December 31, 2021

$

(30.2

)

 

$

(0.6

)

 

$

(37.4

)

 

$

(68.2

)

Other comprehensive income (loss) before reclassifications

 

(16.2

)

 

 

3.1

 

 

 

72.6

 

 

 

59.5

 

Amounts reclassified to consolidated statement of
   income
(a)

 

0.0

 

 

 

0.0

 

 

 

(2.5

)

 

 

(2.5

)

Tax benefit (expense)

 

0.0

 

 

 

(0.8

)

 

 

(17.3

)

 

 

(18.1

)

Other comprehensive income (loss)

 

(16.2

)

 

 

2.3

 

 

 

52.8

 

 

 

38.9

 

Balance December 31, 2022

$

(46.4

)

 

$

1.7

 

 

$

15.4

 

 

$

(29.3

)

Other comprehensive income (loss) before reclassifications

 

8.6

 

 

 

3.9

 

 

 

(4.9

)

 

 

7.6

 

Amounts reclassified to consolidated statement of
   income
(a)

 

0.0

 

 

 

0.0

 

 

 

(7.3

)

 

 

(7.3

)

Tax benefit (expense)

 

0.0

 

 

 

(1.0

)

 

 

2.8

 

 

 

1.8

 

Other comprehensive income (loss)

 

8.6

 

 

 

2.9

 

 

 

(9.4

)

 

 

2.1

 

Balance December 31, 2023

$

(37.8

)

 

$

4.6

 

 

$

6.0

 

 

$

(27.2

)

Amounts reclassified to cost of sales, selling, general and administrative expenses, or interest expense.