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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Loss
The changes in accumulated other comprehensive loss by component for each of the fiscal years in the two-year period ended December 31, 2024 were as follows:
(Dollars in millions)Foreign Currency Translation Adjustments
Pension and Other Postretirement Benefits(1)
Total
Balance as of December 31, 2022$(75.6)$(9.6)$(85.2)
Other comprehensive income (loss) before reclassifications18.8 (0.4)18.4 
Amounts reclassified to earnings— 0.4 0.4 
Net other comprehensive income (loss) for period18.8 — 18.8 
Balance as of December 31, 2023(56.8)(9.6)(66.4)
Other comprehensive income (loss) before reclassifications(26.9)0.7 (26.2)
Amounts reclassified to earnings(3.0)0.3 (2.7)
Net other comprehensive income (loss) for period(29.9)1.0 (28.9)
Balance as of December 31, 2024$(86.7)$(8.6)$(95.3)
(1) Net of taxes of $1.5 million, $1.8 million and $1.9 million for the years ended December 31, 2024, 2023 and 2022, respectively.
Schedule of Reclassification of Accumulated Other Comprehensive Income (Loss)
The reclassification of impacts to the consolidated statements of operations for our pension and other postretirement benefits amortization and settlements in 2024 and 2023 were as follows:
(Dollars in millions)Financial Statement Line Item20242023
Settlement charges(1)
Other income (expense), net$ $(0.1)
Amortization of loss(1)
Other income (expense), net(0.5)(0.4)
Income tax (expense) benefitIncome tax (expense) benefit0.2 0.1 
Net incomeNet income$(0.3)$(0.4)
(1) These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost (credit). For additional details, refer to “Note 8 – Postretirement Benefits.”