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Accumulated Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Abstract]  
Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) at December 31 comprised of the following components:

  
December 31,
  
(millions of dollars)
  
2022
    
2021
  
Cumulative foreign currency translation
  
$
(345.7
)
  
$
(269.8
)
Unrecognized pension costs (net of tax benefit of $9.9 in 2022 and $21.4 in 2021)
    
(34.4
)
    
(69.6
)
Unrealized gain on cash flow hedges (net of tax expense of $2.8 in 2022 and $3.0 in 2021)
    
13.6
      
5.8
  
   
$
(366.5
)
  
$
(333.6
)
Changes in Other Comprehensive Income (Loss) by Component

The following table summarizes the changes in other comprehensive income (loss) by component:

  
Year Ended December 31,
  
   
2022
    
2021
    
2020
  
(millions of dollars)
  
Pre-Tax
Amount
    
Tax
(Expense)
Benefit
    
Net-of-
Tax
Amount
    
Pre-Tax
Amount
    
Tax
(Expense)
Benefit
    
Net-of-
Tax
Amount
    
Pre-Tax
Amount
    
Tax
(Expense)
Benefit
    
Net-of-
Tax
Amount
  
Foreign currency translation adjustment
  
$
(78.9
)
  
$
—
    
$
(78.9
)
  
$
(78.9
)
  
$
—
    
$
(78.9
)
  
$
10.9
    
$
—
    
$
10.9
  
                                                                         
Pension plans:
                                                                        
Net actuarial gains (losses) and prior service costs arising during the period
    
41.4
      
(9.8
)
    
31.6
      
49.3
      
(12.5
)
    
36.8
      
(37.9
)
    
9.2
      
(28.7
)
Amortization of net actuarial (gains) losses and prior service costs
    
4.9
      
(1.2
)
    
3.7
      
11.3
      
(2.9
)
    
8.4
      
13.4
      
(3.4
)
    
10.0
  
                                                                         
Unrealized gains (losses) on cash flow hedges
    
10.6
      
(2.8
)
    
7.8
      
11.4
      
(3.0
)
    
8.4
      
(11.6
)
    
3.1
      
(8.5
)
                                                                         
Total other comprehensive income (loss)
  
$
(22.0
)
  
$
(13.8
)
  
$
(35.8
)
  
$
(6.9
)
  
$
(18.4
)
  
$
(25.3
)
  
$
(25.2
)
  
$
8.9
    
$
(16.3
)