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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Foreign currency translation

 

$

(303.2

)

 

$

(342.2

)

Translation loss on long-term intercompany loans, net of income taxes of $19.2 and $19.1, respectively

 

 

(133.6

)

 

 

(133.2

)

(Loss) gain on derivative instruments, net of income tax benefit of $(12.4) and $(0.7), respectively

 

 

(2.4

)

 

 

39.0

 

Gain on interest rate swap, net of income taxes of $0.2 on both dates

 

 

0.7

 

 

 

0.8

 

Defined benefit pension plans, net of income tax benefit of $(18.9) and $(20.6), respectively

 

 

(9.9

)

 

 

(8.9

)

Retiree health care plan, net of income taxes of $2.1 on both dates

 

 

1.3

 

 

 

1.5

 

Accumulated other comprehensive loss

 

$

(447.1

)

 

$

(443.0

)