Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Accumulated Other Comprehensive Loss

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three months ended March 31, 2025 is provided below (in millions):


(debit) credit	Cash flow hedge gain (loss)		Unrealized gain (loss) on available-for- sale securities		Pension and post retirement benefit plan adjustment		Cumulative translation adjustment		Total
BALANCE AT DECEMBER 31, 2024	$	1.0	$	(0.3)	$	(193.4)	$	(193.8)	$	(386.5)
Other comprehensive income (loss) before reclassifications	—		0.2		—		17.3		17.5
Amounts reclassified from accumulated other comprehensive income (loss)	(0.4)		—		2.4		—		2.0
Current period other comprehensive income (loss)	(0.4)		0.2		2.4		17.3		19.5
BALANCE AT MARCH 31, 2025	$	0.6	$	(0.1)	$	(191.0)	$	(176.5)	$	(367.0)

Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three months ended March 31, 2025 and 2024 is provided below (in millions):


	Three Months Ended March 31,
Details about Accumulated Other Comprehensive Loss Components	2025		2024		Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
Forward exchange contracts	$	—	$	—	Net sales
	0.5		0.1		Cost of goods sold
	—		—		Other expense, net
	0.5		0.1		Total before tax
	(0.1)		—		Tax benefit (expense)
	$	0.4	$	0.1	Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
Prior-service costs (a)	$	(0.1)	$	(0.1)
Actuarial gains (losses) (a)	(3.0)		(3.0)

	(3.1)		(3.1)		Total before tax
	0.7		0.6		Tax benefit (expense)
	$	(2.4)	$	(2.5)	Gain (loss) net of tax










Gains (losses) reclassified into earnings	$	(2.0)	$	(2.4)	Gain (loss) net of tax

(a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 12 - Pension and Other Benefits in the Notes to Condensed Consolidated Financial Statements for additional details).