Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2024

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

18. Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) by component, net of tax, were as follows (in millions):

	Three Months Ended June 30, 2024
	Pension and Postretirement Benefits			Cumulative Translation Adjustments			Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	32.6		$	(122.0	)	$	(0.2	)	$	(89.6	)
Other comprehensive income (loss) before reclassifications		—			(11.4	)		—			(11.4	)
Amounts reclassified from accumulated other comprehensive income (loss)		(0.5	)		—			(0.2	)		(0.7	)
Net other comprehensive income (loss)		(0.5	)		(11.4	)		(0.2	)		(12.1	)
Balance at end of period	$	32.1		$	(133.4	)	$	(0.4	)	$	(101.7	)

	Three Months Ended June 30, 2023
	Pension and Postretirement Benefits			Cumulative Translation Adjustments			Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	30.7		$	(120.2	)	$	6.2		$	(83.3	)
Other comprehensive income (loss) before reclassifications		—			3.5			(0.1	)		3.4
Amounts reclassified from accumulated other comprehensive income (loss)		(0.4	)		—			(2.9	)		(3.3	)
Net other comprehensive income (loss)		(0.4	)		3.5			(3.0	)		0.1
Balance at end of period	$	30.3		$	(116.7	)	$	3.2		$	(83.2	)

	Six Months Ended June 30, 2024
	Pension and Postretirement Benefits			Cumulative Translation Adjustments			Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	33.0		$	(104.5	)	$	(0.5	)	$	(72.0	)
Other comprehensive income (loss) before reclassifications		—			(28.9	)		0.5			(28.4	)
Amounts reclassified from accumulated other comprehensive income (loss)		(0.9	)		—			(0.4	)		(1.3	)
Net other comprehensive income (loss)		(0.9	)		(28.9	)		0.1			(29.7	)
Balance at end of period	$	32.1		$	(133.4	)	$	(0.4	)	$	(101.7	)

	Six Months Ended June 30, 2023
	Pension and Postretirement Benefits			Cumulative Translation Adjustments			Derivative Instruments			Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period	$	31.1		$	(131.6	)	$	8.2		$	(92.3	)
Other comprehensive income (loss) before reclassifications		—			13.9			0.1			14.0
Amounts reclassified from accumulated other comprehensive income (loss)		(0.8	)		1.0			(5.1	)		(4.9	)
Net other comprehensive income (loss)		(0.8	)		14.9			(5.0	)		9.1
Balance at end of period	$	30.3		$	(116.7	)	$	3.2		$	(83.2	)

Reclassifications out of accumulated other comprehensive income (loss) included in the computation of net periodic pension and postretirement benefit cost (See Note 6 for additional details regarding benefit plans) are included within Miscellaneous, net within the Condensed Consolidated Statements of Income and were as follows (in millions):

	Three Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023
Amortization of pension and postretirement benefits items
Prior service cost	$	—		$	0.2		$	0.1		$	0.3
Actuarial gains		(0.7	)		(0.7	)		(1.3	)		(1.3	)
Total before tax		(0.7	)		(0.5	)		(1.2	)		(1.0	)
Tax expense		0.2			0.1			0.3			0.2
Net of tax	$	(0.5	)	$	(0.4	)	$	(0.9	)	$	(0.8	)