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Equity (Tables)
3 Months Ended
Mar. 31, 2025
Shareowners Deficit [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component

The changes in accumulated other comprehensive income (loss) by component were as follows:

 

(dollars in millions)

 

Unrecognized
Net Periodic
Pension and
Postretirement
Benefit (Cost)

 

 

Foreign
Currency
Translation Gain (Loss)

 

 

Total

 

Balance as of December 31, 2024

 

$

35.0

 

 

$

 

 

$

35.0

 

Remeasurement of benefit obligations

 

 

1.2

 

 

 

 

 

 

1.2

 

Reclassifications, net

 

 

(1.8

)

(a)

 

 

 

 

(1.8

)

Balance as of March 31, 2025

 

$

34.4

 

 

$

 

 

$

34.4

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2023

 

$

33.2

 

 

$

(5.0

)

 

$

28.2

 

Reclassifications, net

 

 

(0.8

)

(a)

 

 

 

 

(0.8

)

Foreign currency loss

 

 

 

 

 

(2.6

)

 

 

(2.6

)

Balance as of March 31, 2024

 

$

32.4

 

 

$

(7.6

)

 

$

24.8

 

 

(a)
These reclassifications are included in the other components of net periodic pension and postretirement benefit plans expense and represent amortization of prior service benefit and actuarial gain, net of tax and settlement gains, net of tax. The other components of net periodic pension and postretirement benefit plans expense are recorded in "Other components of pension and postretirement benefit plans benefit" on the Condensed Consolidated Statements of Operations. See Note 7 for further disclosures.