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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Components of Changes in Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (loss) are as follows:

 

 

 

 

 

 

 

 

 

 

 

Accumulated

 

 

Foreign

 

 

Defined

 

 

 

 

 

Other

 

 

Currency

 

 

Benefit

 

 

Derivative

 

 

Comprehensive

 

 

Adjustments

 

 

Plans

 

 

Agreements

 

 

Income (Loss)

 

Balance at January 1, 2024

$

(37.8

)

 

$

4.6

 

 

$

6.0

 

 

$

(27.2

)

Other comprehensive income (loss) before reclassifications

 

(6.3

)

 

 

(0.2

)

 

 

7.6

 

 

 

1.1

 

Amounts reclassified to condensed consolidated statement of income (a) (b)

 

0.0

 

 

 

0.0

 

 

 

(1.0

)

 

 

(1.0

)

Tax benefit (expense)

 

0.0

 

 

 

0.0

 

 

 

(2.0

)

 

 

(2.0

)

Other comprehensive income (loss)

 

(6.3

)

 

 

(0.2

)

 

 

4.6

 

 

 

(1.9

)

Balance at June 30, 2024

$

(44.1

)

 

$

4.4

 

 

$

10.6

 

 

$

(29.1

)

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2025

$

(53.2

)

 

$

4.4

 

 

$

17.9

 

 

$

(30.9

)

Other comprehensive income (loss) before reclassifications

 

23.2

 

 

 

0.5

 

 

 

(11.4

)

 

 

12.3

 

Amounts reclassified to condensed consolidated statement of income (a) (b)

 

0.0

 

 

 

0.0

 

 

 

(3.7

)

 

 

(3.7

)

Tax benefit (expense)

 

0.0

 

 

 

(0.1

)

 

 

4.0

 

 

 

3.9

 

Other comprehensive income (loss)

 

23.2

 

 

 

0.4

 

 

 

(11.1

)

 

 

12.5

 

Balance at June 30, 2025

$

(30.0

)

 

$

4.8

 

 

$

6.8

 

 

$

(18.4

)

 

(a)
Amounts reclassified to cost of sales, selling, general and administrative expenses or interest expense.
(b)
The Company reclassified a gain of $1.4 and $0.3 to the condensed consolidated statements of income during the three months ended June 30, 2025 and 2024, respectively.