Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Components of Accumulated Other Comprehensive Income (Loss)

The following table presents the components of accumulated other comprehensive income/loss for the six months ended June 30, 2026:


	Cash Flow Hedges		Defined Benefit and Retiree Healthcare Plans		Cumulative Translation Adjustment		Accumulated Other Comprehensive Income/Loss
Balance as of December 31, 2025	$	0.5	$	(10.3)	$	2.3	$	(7.4)
Other comprehensive income before reclassifications, net of tax	17.9		—		17.8		35.7
Reclassifications from accumulated other comprehensive income/loss, net of tax	1.9		0.0		—		1.9
Other comprehensive income	19.8		0.0		17.8		37.6
Balance as of June 30, 2026	$	20.3	$	(10.3)	$	20.1	$	30.2

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)

The following table presents the amounts reclassified from accumulated other comprehensive income/loss for the three and six months ended June 30, 2026 and 2025:


	For the three months ended June 30,				For the six months ended June 30,				Affected Line in Condensed Consolidated Statements of Operations
Component	2026		2025		2026		2025
Derivative instruments designated and qualifying as cash flow hedges:
Foreign currency forward contracts	$	2.8	$	0.8	$	7.9	$	(4.3)	Net revenue (1)
Foreign currency forward contracts	(4.0)		4.4		(5.3)		7.5		Cost of revenue (1)

Total, before taxes	(1.2)		5.2		2.6		3.3		Income before taxes
Income tax effect	0.3		(1.3)		(0.7)		(0.8)		Provision for income taxes
Total, net of taxes	$	(0.9)	$	3.8	$	1.9	$	2.4	Net income

Defined benefit and retiree healthcare plans
Defined benefit and retiree healthcare plans	$	0.0	$	0.0	$	0.0	$	0.0	Other, net
Defined benefit and retiree healthcare plans	—		—		—		0.7		Restructuring and other charges, net
Total, before taxes	0.0		0.0		0.0		0.7		Income before taxes
Income tax effect	(0.0)		(0.0)		(0.0)		(0.2)		Provision for income taxes
Total, net of taxes	$	0.0	$	0.0	$	0.0	$	0.5	Net income

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(1) Refer to Note 14: Derivative Instruments and Hedging Activities for additional information regarding amounts to be reclassified from accumulated other comprehensive income/loss in future periods.