XML 122 R111.htm IDEA: XBRL DOCUMENT v3.24.0.1
Employee Benefit Plans - Reconciliation of the Changes in Benefit Obligation, Plan Assets, and Funded Status (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Change in Plan Assets      
Fair value of plan assets, beginning of year $ 112.0    
Fair value of plan assets, end of year 113.5 $ 112.0  
Amounts recognized in the Consolidated Balance Sheets as of December 31      
Long-term pension obligation (55.8) (51.7)  
Long-term postretirement medical and other benefit obligations (5.6) (8.2)  
United States      
Change in Benefit Obligation      
Benefit obligation, beginning of year 106.4 141.2  
Service cost 0.0 0.0  
Interest cost 5.5 3.2  
Participant contributions 0.0 0.0  
Actuarial (gain) loss 2.5 (30.1)  
Currency translation adjustment 0.0 0.0  
Pension Settlement 0.0 0.0  
Benefits paid (8.0) (7.9)  
Benefit obligation, end of year 106.4 106.4 $ 141.2
Change in Plan Assets      
Fair value of plan assets, beginning of year 82.3 114.6  
Actual return on plan assets 7.4 (24.9)  
Employer contributions 0.5 0.5  
Participant contributions 0.0 0.0  
Currency translation adjustment 0.0 0.0  
Pension settlement 0.0 0.0  
Benefits paid (8.0) (7.9)  
Fair value of plan assets, end of year 82.2 82.3 114.6
Funded status (24.2) (24.1)  
Amounts recognized in the Consolidated Balance Sheets as of December 31      
Pension asset 0.0 0.0  
Short-term pension obligation (0.5) (0.5)  
Long-term pension obligation (23.7) (23.6)  
Short-term postretirement medical and other benefit obligations 0.0 0.0  
Long-term postretirement medical and other benefit obligations 0.0 0.0  
Net amount recognized $ (24.2) $ (24.1)  
Weighted-Average Assumptions      
Discount rate 5.10% 2.80%  
Non-US Pension Plans      
Change in Benefit Obligation      
Benefit obligation, beginning of year $ 59.0 $ 94.5  
Service cost 1.2 1.6  
Interest cost 3.0 1.7  
Participant contributions 0.0 0.0  
Actuarial (gain) loss (0.3) (27.1)  
Currency translation adjustment 2.6 (8.0)  
Pension Settlement (0.1) (0.3)  
Benefits paid (3.5) (3.4)  
Benefit obligation, end of year 61.9 59.0 94.5
Change in Plan Assets      
Fair value of plan assets, beginning of year 29.7 50.2  
Actual return on plan assets 0.0 (15.0)  
Employer contributions 3.6 3.4  
Participant contributions 0.0 0.0  
Currency translation adjustment 1.6 (5.2)  
Pension settlement (0.1) (0.3)  
Benefits paid (3.5) (3.4)  
Fair value of plan assets, end of year 31.3 29.7 50.2
Funded status (30.6) (29.3)  
Amounts recognized in the Consolidated Balance Sheets as of December 31      
Pension asset 2.7 0.0  
Short-term pension obligation (1.2) (1.2)  
Long-term pension obligation (32.1) (28.1)  
Short-term postretirement medical and other benefit obligations 0.0 0.0  
Long-term postretirement medical and other benefit obligations 0.0 0.0  
Net amount recognized $ (30.6) $ (29.3)  
Weighted-Average Assumptions      
Discount rate 4.20% 4.20%  
Rate of compensation increase 3.80% 2.70%  
Postretirement Medical and Other      
Change in Benefit Obligation      
Benefit obligation, beginning of year $ 9.5 $ 13.7  
Service cost 0.1 0.1 0.1
Interest cost 0.4 0.2 0.2
Participant contributions 0.1 0.1  
Actuarial (gain) loss (2.4) (3.4)  
Currency translation adjustment 0.0 0.0  
Pension Settlement 0.0 0.0  
Benefits paid (1.1) (1.2)  
Benefit obligation, end of year 6.6 9.5 13.7
Change in Plan Assets      
Fair value of plan assets, beginning of year 0.0 0.0  
Actual return on plan assets 0.0 0.0  
Employer contributions 1.0 1.1  
Participant contributions 0.1 0.1  
Currency translation adjustment 0.0 0.0  
Pension settlement 0.0 0.0  
Benefits paid (1.1) (1.2)  
Fair value of plan assets, end of year 0.0 0.0 $ 0.0
Funded status (6.6) (9.5)  
Amounts recognized in the Consolidated Balance Sheets as of December 31      
Pension asset 0.0 0.0  
Short-term pension obligation 0.0 0.0  
Long-term pension obligation 0.0 0.0  
Short-term postretirement medical and other benefit obligations (1.0) (1.3)  
Long-term postretirement medical and other benefit obligations (5.6) (8.2)  
Net amount recognized $ (6.6) $ (9.5)  
Weighted-Average Assumptions      
Discount rate 5.00% 5.40%