Reclassifications out of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2025

Equity [Abstract]

Summary of Reclassifications Out of Accumulated Other Comprehensive Loss

Reclassifications out of accumulated other comprehensive loss (“AOCL”) for the first six months of 2025 were:


(in millions) Details about AOCL Components		Amount Reclassified from AOCL				Affected Line Item in the Statement where Net Income is Presented
Defined benefit pension plan items:
Amortization of prior service cost		$	—			See (1) below
Amortization of actuarial net gains			—			See (1) below
			—			Total before tax
			—			Income tax expense
Total reclassifications		$	—			Net of tax

(1)

These items are included in other income and expense. See Note 6 of the Notes to the Condensed Consolidated Financial Statements for additional information.

Reclassifications out of AOCL for the first six months of 2024 were:


(in millions) Details about AOCL Components		Amount Reclassified from AOCL				Affected Line Item in the Statement where Net Income is Presented
Defined benefit pension plan items:
Amortization of prior service cost		$	0.3			See (1) below
Amortization of actuarial net gains			(0.1	)		See (1) below
			0.2			Total before tax
			(0.1	)		Income tax expense
Total reclassifications		$	0.1			Net of tax

(1)

These items are included in other income and expense. See Note 6 of the Notes to the Condensed Consolidated Financial Statements for additional information.

Changes in Accumulated Other Comprehensive Loss

Changes in AOCL for the first six months of 2025, net of tax, were:


(in millions)		Defined Benefit Pension Plan Items				Cumulative Translation Adjustments				Total
Balance at December 31, 2024		$	—			$	(91.0	)		$	(91.0	)
Other comprehensive income/(loss) before reclassifications			—				57.6				57.6
Amounts reclassified from AOCL			—				—				—
Total other comprehensive income/(loss)			—				57.6				57.6
Balance at June 30, 2025		$	—			$	(33.4	)		$	(33.4	)

Changes in AOCL for the first six months of 2024, net of tax, were:


(in millions)		Defined Benefit Pension Plan Items				Cumulative Translation Adjustments				Total
Balance at December 31, 2023		$	(77.2	)		$	(70.9	)		$	(148.1	)
Other comprehensive income/(loss) before reclassifications			—				(12.6	)			(12.6	)
Amounts reclassified from AOCL			0.1				—				0.1
Total other comprehensive income/(loss)			0.1				(12.6	)			(12.5	)
Balance at June 30, 2024		$	(77.1	)		$	(83.5	)		$	(160.6	)