Schedule of Accumulated Other Comprehensive Income (Loss) |
The following tables summarize the changes in AOCI, net of tax by component: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, 2025 | (In millions) | | | | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax | | | | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax | | Currency Translation Adjustments, Net of Tax | | Total | Balance, March 31, 2025 | | | | $ | (6.2) | | | | | $ | (16.2) | | | $ | (152.1) | | | $ | (174.5) | | Other comprehensive income (loss) before reclassifications | | | | (120.4) | | | | | 0.6 | | | 41.6 | | | (78.2) | | Amounts reclassified from AOCI | | | | 14.6 | | | | | — | | | — | | | 14.6 | | Net current period other comprehensive income (loss) | | | | (105.8) | | | | | 0.6 | | | 41.6 | | | (63.6) | | Balance, June 30, 2025 | | | | $ | (112.0) | | | | | $ | (15.6) | | | $ | (110.5) | | | $ | (238.1) | | | | | | | | | | | | | | | | | | | For the Six Months Ended June 30, 2025 | (In millions) | | | | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax | | | | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax | | Currency Translation Adjustments | | Total | Balance, December 31, 2024 | | | | $ | 51.6 | | | | | $ | (16.6) | | | $ | (171.2) | | | $ | (136.2) | | Other comprehensive income (loss) before reclassifications | | | | (167.9) | | | | | 1.0 | | | 60.7 | | | (106.2) | | Amounts reclassified from AOCI | | | | 4.3 | | | | | — | | | — | | | 4.3 | | Net current period other comprehensive income (loss) | | | | (163.6) | | | | | 1.0 | | | 60.7 | | | (101.9) | | Balance, June 30, 2025 | | | | $ | (112.0) | | | | | $ | (15.6) | | | $ | (110.5) | | | $ | (238.1) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended June 30, 2024 | (In millions) | | | | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax | | | | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax | | Currency Translation Adjustments, Net of Tax | | Total | Balance, March 31, 2024 | | | | $ | (10.3) | | | | | $ | (2.7) | | | $ | (147.5) | | | $ | (160.5) | | Other comprehensive income (loss) before reclassifications | | | | 22.3 | | | | | — | | | (5.6) | | | 16.7 | | Amounts reclassified from AOCI | | | | (2.2) | | | | | — | | | — | | | (2.2) | | Net current period other comprehensive income (loss) | | | | 20.1 | | | | | — | | | (5.6) | | | 14.5 | | Balance, June 30, 2024 | | | | $ | 9.8 | | | | | $ | (2.7) | | | $ | (153.1) | | | $ | (146.0) | | | | | | | | | | | | | | | | | | | For the Six Months Ended June 30, 2024 | (In millions) | | | | Unrealized Gains (Losses) on Cash Flow Hedges, Net of Tax | | | | Unrealized Gains (Losses) on Pension Benefit Obligation, Net of Tax | | Currency Translation Adjustments | | Total | Balance, December 31, 2023 | | | | $ | (25.0) | | | | | $ | (2.6) | | | $ | (126.1) | | | $ | (153.7) | | Other comprehensive income (loss) before reclassifications | | | | 37.7 | | | | | (0.1) | | | (27.0) | | | 10.6 | | Amounts reclassified from AOCI | | | | (2.9) | | | | | — | | | — | | | (2.9) | | Net current period other comprehensive income (loss) | | | | 34.8 | | | | | (0.1) | | | (27.0) | | | 7.7 | | Balance, June 30, 2024 | | | | $ | 9.8 | | | | | $ | (2.7) | | | $ | (153.1) | | | $ | (146.0) | |
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Reclassification out of Accumulated Other Comprehensive Income |
The following table summarizes the amounts reclassified from AOCI: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In millions) | | Amounts Reclassified from AOCI | | Income Statement Location | | For the Three Months Ended June 30, | | For the Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Gains (losses) on cash flow hedges | | $ | (22.9) | | | $ | 7.6 | | | $ | (12.0) | | | $ | 10.5 | | | Revenue | | | 6.6 | | | (4.9) | | | 7.3 | | | (7.0) | | | Operating expense | | | (0.1) | | | (0.2) | | | (0.2) | | | (0.1) | | | Other (income) expense, net | | | 1.8 | | | (0.3) | | | 0.6 | | | (0.5) | | | Income tax (benefit) expense | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total reclassifications, net of tax | | $ | (14.6) | | | $ | 2.2 | | | $ | (4.3) | | | $ | 2.9 | | | |
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