XML 24 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Statements of Consolidated Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]      
Net income $ 2,020.1 $ 1,864.4 $ 2,030.4
Other comprehensive income (loss), net of tax:      
Foreign currency translation adjustments [1] (108.7) (30.6) (14.1)
Pension and other postretirement benefit adjustments:      
Amounts recognized in AOCI [2] 106.8 48.7 (19.4)
Amounts reclassified from AOCI [3] 3.7 6.3 1.4
Pension and other postretirement benefit adjustments 110.5 55.0 (18.0)
Unrealized net gains on cash flow hedges:      
Amounts reclassified from AOCI [4] (4.0) (4.5) (6.7)
Other comprehensive (loss) income, net of tax (2.2) 19.9 (38.8)
Comprehensive income $ 2,017.9 $ 1,884.3 $ 1,991.6
[1] The years ended December 31, 2022, 2021 and 2020 include unrealized gains (losses), net of taxes, of $34.1 million, $37.1 million and $(54.0) million, respectively, related to net investment hedges. See Note 17.
[2] Net of taxes of $(33.8) million, $(12.6) million and $3.4 million in 2022, 2021 and 2020, respectively.
[3] Net of taxes of $(1.2) million, $(2.1) million and $(0.4) million in 2022, 2021 and 2020, respectively
[4] Net of taxes of $1.1 million, $1.0 million and $2.2 million in 2022, 2021 and 2020, respectively.