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Equity (Tables)
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following tables summarize the changes in AOCI, net of tax by component:
For the Three Months Ended March 31, 2025
(In millions)Unrealized Gains (Losses) on Cash Flow Hedges,
Net of Tax
Unrealized Gains (Losses) on Pension Benefit Obligation, Net of TaxCurrency
Translation Adjustments,
Net of Tax
Total
Balance, December 31, 2024$51.6 $(16.6)$(171.2)$(136.2)
Other comprehensive income (loss) before reclassifications(47.5)0.4 19.1 (28.0)
Amounts reclassified from AOCI(10.3)— — (10.3)
Net current period other comprehensive income (loss)(57.8)0.4 19.1 (38.3)
Balance, March 31, 2025$(6.2)$(16.2)$(152.1)$(174.5)
For the Three Months Ended March 31, 2024
(In millions)Unrealized Gains (Losses) on Cash Flow Hedges,
Net of Tax
Unrealized Gains (Losses) on Pension Benefit Obligation,
Net of Tax
Currency
Translation Adjustments,
Net of Tax
Total
Balance, December 31, 2023$(25.0)$(2.6)$(126.1)$(153.7)
Other comprehensive income (loss) before reclassifications15.4 (0.1)(21.4)(6.1)
Amounts reclassified from AOCI(0.7)— — (0.7)
Net current period other comprehensive income (loss)14.7 (0.1)(21.4)(6.8)
Balance, March 31, 2024$(10.3)$(2.7)$(147.5)$(160.5)
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes the amounts reclassified from AOCI:
(In millions)Amounts Reclassified from AOCIIncome Statement Location
For the Three Months Ended March 31,
20252024
Gains (losses) on cash flow hedges$10.9 $2.9 Revenue
0.7 (2.1)Operating expense
(0.1)0.1 Other (income) expense, net
(1.2)(0.2)Income tax (benefit) expense
Total reclassifications, net of tax$10.3 $0.7