v3.26.1
Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss) The following tables provide information about the changes in AOCL by component and the related amounts reclassified to
net earnings during the periods indicated (net of tax):
Three Months Ended March 31, 2026
Hedging
relationships(1)
Defined benefit
pension plans
Foreign currency
translation
adjustment(2)
AOCL
Balance as of December 31, 2025
$2.3
$(1.1)
$(454.3)
$(453.1)
Other comprehensive income (loss) before reclassifications
8.5
0.1
(12.9)
(4.3)
Reclassifications from AOCL to net earnings
(0.3)
(0.3)
Net other comprehensive income (loss)
8.5
0.1
(13.2)
(4.6)
Balance as of March 31, 2026
$10.8
$(1.0)
$(467.5)
$(457.7)
Three Months Ended March 31, 2025
Hedging
relationships(1)
Defined benefit
pension plans
Foreign currency
translation
adjustment(2)
AOCL
Balance as of December 31, 2024
$10.7
$(0.4)
$(536.6)
$(526.3)
Other comprehensive income (loss) before reclassifications
(1.1)
39.8
38.7
Reclassifications from AOCL to net earnings
(2.7)
(0.3)
(3.0)
Net other comprehensive income (loss)
(3.8)
39.5
35.7
Balance as of March 31, 2025
$6.9
$(0.4)
$(497.1)
$(490.6)
(1)Includes amounts related to our interest rate swaps designated as cash flow hedges, and for the three months ended March 31, 2026, also includes the
excluded component of our cross-currency swaps designated as fair value hedges. Refer to Note 4 - Derivative Instruments for further information.
(2)Includes the impact of translating foreign subsidiary assets and liabilities from their functional currency to USD, as well as amounts related to our
cross-currency swap designated as a net investment hedge.