v3.26.1
Shareholders' Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Shareholders' Equity Shareholders' Equity. The following table summarizes the changes in the Company’s Accumulated Other Comprehensive Income (AOCI), net of tax, by component for the three and six months ended June 30, 2026 and 2025:
Accumulated Other Comprehensive Income (Loss)Three months ended June 30,Six months ended June 30,
(in millions)2026202520262025
Beginning balance$46.8 $(41.6)$74.5 $(111.6)
Other comprehensive income before reclassifications(1)
(13.9)128.6 (41.6)198.6 
Currency translation adjustments AOCI$32.9 $87.0 $32.9 $87.0 
Beginning balance$(3.8)$(0.1)$(6.0)$(0.1)
Other comprehensive loss before reclassifications0.4 — 2.6 — 
Foreign currency hedges AOCI$(3.4)$(0.1)$(3.4)$(0.1)
Beginning balance$10.8 $(6.3)$10.1 $(5.7)
Amounts reclassified from AOCI(2)
0.6 (0.8)1.3 (1.4)
Pension and other post-retirement benefits$11.4 $(7.1)$11.4 $(7.1)
Beginning balance$(1.1)$(0.8)$(0.8)$(0.5)
Other comprehensive loss before reclassifications— — (0.3)(0.3)
Other$(1.1)$(0.8)$(1.1)$(0.8)
AOCI at June 30$39.8 $79.0 $39.8 $79.0 
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(3.3), $(0.3), $(1.2) and $— translation amount attributable to noncontrolling interests for the three and six months ended June 30, 2026 and 2025, respectively.
(2) The total reclassification from AOCI included pension and post-retirement net actuarial gain (loss) of $0.6, $(0.8), $1.3 and $(1.4) net of tax, for the three and six months ended June 30, 2026 and 2025, respectively.

Common stock. The Company's authorized common stock includes 45,000,000 shares, with a par value of $0.01 per share. As of June 30, 2026, 37,906,017 shares were issued and 34,004,734 shares were outstanding. As of December 31, 2025, 37,726,003 shares were issued and 35,384,690 shares were outstanding. The Company had 3,901,283 and 2,341,313 treasury shares as of June 30, 2026 and December 31, 2025, respectively. During the six months ended June 30, 2026, we repurchased 1,498,258 shares under the share repurchase program for $115.0, and incurred taxes and fees of $1.2. In addition, the Company repurchased 61,712 shares related to shares withheld for income taxes on vested share-based compensation for $4.8. The Company's share repurchase program does not obligate it to acquire any specific number of shares. Under the share repurchase program, shares may be purchased in the open market or otherwise, including under accelerated share repurchase programs or under plans complying with Rule 10b5-1 under the Exchange Act.