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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustments, unrealized gains and losses on derivative instruments designated as hedges and pension and post retirement liability adjustments are included in Accumulated Other Comprehensive Income (Loss) ("AOCI"), a component of Total Equity.
The following tables present changes in AOCI by component for the three months ended March 31, 2026 and March 31, 2025:
Three Months Ended
March 31, 2026Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance$16.3 $(20.9)$(70.8)$(75.4)
Other Comprehensive Income (Loss) before Reclassifications(1.3)— (73.1)(74.4)
(Gain) Loss Reclassified from AOCI(2.7)(0.8)— (3.5)
Tax Impact1.0 0.2 — 1.2 
Net Current Period Other Comprehensive Income (Loss)(3.0)(0.6)(73.1)(76.7)
Ending Balance13.3 (21.5)(143.9)(152.1)
March 31, 2025Hedging ActivitiesPension and Post Retirement Benefit AdjustmentsForeign Currency Translation AdjustmentsTotal
Beginning Balance $(5.5)$(21.5)$(415.7)$(442.7)
Other Comprehensive Income (Loss) before Reclassifications6.9 (1.3)120.0 125.6 
Loss (Gain) Reclassified from AOCI0.6 (0.2)— 0.4 
Tax Impact(1.8)0.4 — (1.4)
Net Current Period Other Comprehensive Income (Loss)5.7 (1.1)120.0 124.6 
Ending Balance0.2 (22.6)(295.7)(318.1)
The Condensed Consolidated Statements of Income line items affected by the hedging activities reclassified from AOCI in the tables above are disclosed in Note 13 - Derivative Financial Instruments.

The reclassification amounts for pension and post-retirement benefit adjustments in the tables above are part of net periodic benefit costs recorded in Other Expense, Net (see also Note 8 - Retirement Plans).