v3.25.2
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income
The components of accumulated other comprehensive income (loss) are as follows:
 
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxes Accumulated other comprehensive (loss) income
Balance at March 31, 2025$(31.1)$(1.2)$(32.3)
Other comprehensive income before reclassifications, net of taxes281.3 — 281.3 
Amounts reclassified from accumulated other comprehensive loss, net of income taxes— 0.6 0.6 
Net current-period other comprehensive income, net of taxes281.3 0.6 281.9 
Balance at June 30, 2025$250.2 $(0.6)$249.6 
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxesAccumulated other comprehensive loss
Balance at March 31, 2024$(42.4)$(2.5)$(44.9)
Other comprehensive loss before reclassifications, net of taxes(45.1)— (45.1)
Amounts reclassified from accumulated other comprehensive loss, net of taxes— — — 
Net current-period other comprehensive loss, net of taxes(45.1)— (45.1)
Balance at June 30, 2024$(87.5)$(2.5)$(90.0)
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxesAccumulated other comprehensive (loss) income
Balance at December 31, 2024$(153.6)$(1.5)$(155.1)
Other comprehensive income before reclassifications, net of taxes403.8 — 403.8 
Amounts reclassified from accumulated other comprehensive loss, net of taxes— 0.9 0.9 
Net current-period other comprehensive income, net of taxes403.8 0.9 404.7 
Balance at June 30, 2025$250.2 $(0.6)$249.6 
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxesAccumulated other comprehensive income (loss)
Balance at December 31, 2023$13.2 $(2.4)$10.8 
Other comprehensive loss before reclassifications, net of taxes(100.7)— (100.7)
Amounts reclassified from accumulated other comprehensive income, net of taxes— (0.1)(0.1)
Net current-period other comprehensive loss, net of taxes(100.7)(0.1)(100.8)
Balance at June 30, 2024$(87.5)$(2.5)$(90.0)
_______________
(1)Foreign currency translation adjustments include translation adjustments and net investment hedges, net of taxes. See Note 10, “Derivative Financial Instruments,” for further information related to the net investment hedges.