Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Change in Fair Value of Foreign Currency Forward Exchange Contracts Under Hedge Designations

The change in fair value of our foreign currency forward exchange contracts under hedge designations recorded net of tax within accumulated other comprehensive income (loss) for the quarters and nine months ended September 30, 2025 and September 30, 2024 was as follows:


		Quarters Ended September 30,								Nine Months Ended September 30,
(In millions)		2025				2024				2025				2024
Unrealized gains (losses) at beginning of period, net of tax		$	20.2			$	—			$	(7.9	)		$	5.3
Losses reclassified to net sales			(3.3	)			0.1				(4.7	)			1.6
Increase (decrease) in fair value			(4.1	)			10.0				25.4				3.2
Unrealized gains (losses) at end of period, net of tax		$	12.8			$	10.1			$	12.8			$	10.1

Schedule of Fair Values of Outstanding Financial Instruments

The fair values of outstanding derivative financial instruments as of September 30, 2025 and December 31, 2024 were as follows:


	Prepaid and Other Current Assets						Other Assets						Current Liabilities						Non-Current Liabilities
(In millions)	September 30, 2025			December 31, 2024			September 30, 2025			December 31, 2024			September 30, 2025			December 31, 2024			September 30, 2025			December 31, 2024
Derivative Products
Foreign currency forward exchange contracts	$	12.4		$	1.5		$	5.4		$	0.1		$	0.1		$	6.8		$	0.2		$	5.2
Undesignated hedges		0.3			—			—			—			—			0.1			—			—
Commodity swaps		—			—			0.5			—			2.8			1.1			0.4			0.3
Cross currency and interest rate swap		0.9			13.9			-			—			—			—			—			—
Total Derivative Products	$	13.6		$	15.4		$	5.9		$	0.1		$	2.9		$	8.0		$	0.6		$	5.5