Equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss as of December 31, 2024 and 2023 are summarized as follows:

	2024			2023
Foreign currency translation, net of income tax    benefit of $2.3 and $0.2	$	(98.2	)	$	(77.4	)
Derivative instrument fair market value, net of income    tax benefit of $1.0 and $0.0		(1.7	)		1.3
Employee pension and postretirement benefit adjustments,    net of income tax benefit of $12.3 and $13.6		(7.7	)		(10.3	)
Total accumulated other comprehensive loss	$	(107.6	)	$	(86.4	)

A reconciliation of the changes in accumulated other comprehensive loss, net of income tax, by component as of December 31, 2024 and 2023 are summarized as follows:

	Gains (Losses) on Cash Flow Hedges			Pension & Postretirement			Foreign Currency Translation			Total
Balance as of December 31, 2022	$	5.4		$	(15.3	)	$	(98.0	)	$	(107.9	)
Other comprehensive income (loss) before    reclassifications		(1.8	)		2.4			11.3			11.9
Amounts reclassified from accumulated other    comprehensive loss		(2.3	)		2.6			9.3			9.6
Net other comprehensive income (loss)		(4.1	)		5.0			20.6			21.5
Balance as of December 31, 2023		1.3			(10.3	)		(77.4	)		(86.4	)
Other comprehensive income (loss) before    reclassifications		(4.7	)		2.4			(20.8	)		(23.1	)
Amounts reclassified from accumulated other    comprehensive loss		1.7			0.2			—			1.9
Net other comprehensive income (loss)		(3.0	)		2.6			(20.8	)		(21.2	)
Balance as of December 31, 2024	$	(1.7	)	$	(7.7	)	$	(98.2	)	$	(107.6	)

Reconciliation of Reclassifications Out of Accumulated Other Comprehensive loss, Net of Income Taxes

A reconciliation of the reclassifications out of accumulated other comprehensive loss, net of income taxes, for the years ended December 31, 2024, 2023, and 2022 are summarized as follows:

	Amount Reclassified from Accumulated Other Comprehensive Loss
	2024				2023			2022			Recognized Location
Gain (losses) on cash flow hedges
FX Forward Contracts	$	(1.7	)	$	2.3		$	(5.8	)		Cost of sales
Total before income taxes		(1.7	)		2.3			(5.8	)
Provision for income taxes		—			—			—
Total, net of income taxes	$	(1.7	)	$	2.3		$	(5.8	)
Amortization of pension and    postretirement items
Actuarial losses	$	(0.3	)	$	(2.6	)	$	(2.9	)	(a)	Other income (expense) - net
Amortization of prior service cost		(0.1	)		(0.1	)		1.3		(a)	Other income (expense) - net
Pension settlement gain		0.1			0.1			0.1		(a)	Other income (expense) - net
Total before income taxes		(0.3	)		(2.6	)		(1.5	)
Benefit for income taxes		0.1			—			—
Total, net of income taxes	$	(0.2	)	$	(2.6	)	$	(1.5	)
Foreign currency translation
Losses on foreign currency translation	$	—		$	(9.3	)	$	—
Total before income taxes		—			(9.3	)		—
Provision for income taxes		—			—			—
Total, net of income taxes	$	—		$	(9.3	)	$	—
Total reclassifications for the period, net    of income taxes	$	(1.9	)	$	(9.6	)	$	(7.3	)

(a)These accumulated other comprehensive loss components are components of net periodic pension cost (refer to Note 19, “Employee Benefit Plans,” for further details).