v3.25.2
BASIS OF PRESENTATION (Tables)
6 Months Ended
Jun. 30, 2025
BASIS OF PRESENTATION  
Schedule of consolidated statement of cash flows

(In millions)

June 30, 2025

December 31, 2024

Cash and cash equivalents

$

423.7

$

632.3

Restricted cash

51.4

48.5

Total cash and cash equivalents and restricted cash in the statement of cash flows

$

475.1

$

680.8

Schedule of change in accumulated other comprehensive income (loss)

Foreign

(In millions)

    

Currency

    

Pension Benefits

    

Total

Balance December 31, 2024

$

(133.3)

$

1.3

$

(132.0)

Other comprehensive income

63.7

0.1

63.8

Balance June 30, 2025

$

(69.6)

$

1.4

$

(68.2)

Schedule components of other income

Three Months Ended

Six Months Ended

(In millions)

June 30, 2025

June 30, 2024

June 30, 2025

June 30, 2024

Foreign currency transaction (gains) losses

$

(23.9)

$

(0.6)

$

(36.9)

2.6

Governmental assistance - International markets

(10.3)

(10.5)

Non-operating components of net periodic benefit cost

0.3

0.4

0.6

1.1

Gain on extinguishment - Second Lien Notes due 2026

(85.3)

(91.1)

Derivative liability fair value increase (decrease) for embedded conversion feature in the Exchangeable Notes due 2030

3.9

(41.2)

Equity in earnings of non-consolidated entities

(2.1)

(1.0)

(2.9)

(4.7)

Shareholder litigation recoveries

(19.1)

(19.1)

Vendor dispute settlement

(36.2)

Other settlement proceeds

(2.6)

(3.6)

Total other income

$

(32.1)

$

(108.2)

$

(90.9)

$

(151.0)