v3.25.1
Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in the accumulated balances for each component of accumulated other comprehensive income (loss) ("AOCI"):
Foreign currency translation adjustmentsNet investment hedge derivativeDefined benefit pension plansCash flow hedge derivative Total
Balance, January 1, 2025
$(218.7)$7.3 $(62.6)$27.9 $(246.1)
Other comprehensive income (loss) before reclassifications60.1 (15.9)— (11.5)32.7 
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— — (0.4)(2.0)(2.4)
Balance, March 31, 2025
$(158.6)$(8.6)$(63.0)$14.4 $(215.8)
Balance, January 1, 2024
$(142.5)$(10.5)$(62.2)$16.5 $(198.7)
Other comprehensive income (loss) before reclassifications(35.4)4.9 — 20.6 (9.9)
Amounts reclassified from accumulated other comprehensive income (loss), net of tax— — (0.4)(15.9)(16.3)
Balance, March 31, 2024
$(177.9)$(5.6)$(62.6)$21.2 $(224.9)
Schedule of Reclassifications out of AOCI
The following table summarizes the reclassifications out of AOCI:
Amount reclassified from accumulated other comprehensive income (loss)
Three months ended March 31,
Details about accumulated other comprehensive income (loss) componentsAffected line item in the statement where net income (loss) is presented20252024
Defined benefit pension plans:
Amortization of prior service costsOther income (expense) - net$(0.1)$(0.1)
Amortization of actuarial gain/lossOther income (expense) - net(0.3)(0.3)
Cash flow hedge derivative:
Interest rate swapsInterest expense(2.7)(21.2)
Total before tax(3.1)(21.6)
Tax benefit (expense)0.7 5.3 
Total reclassifications for the period, net of tax$(2.4)$(16.3)