Note 18 - Accumulated Other Comprehensive Income (Loss) The following tables present details about components of accumulated other comprehensive (loss) income for the three and six months ended June 30, 2026 and 2025, respectively: | | | | | | | | | | | | | | | | | Foreign currency translation adjustments | Pension and other postretirement liability adjustments | | Change in fair value of derivative financial instruments | Total | | Balance at March 31, 2026 | $ | (150.9) | | $ | 31.0 | | | $ | 0.3 | | $ | (119.6) | | | | | | | | Other comprehensive (loss) income before reclassifications and income taxes | (1.8) | | — | | | 0.2 | | (1.6) | | Amounts reclassified from accumulated other comprehensive (loss) income before income taxes | — | | (2.0) | | | 0.7 | | (1.3) | | | Income tax (expense) benefit | (2.4) | | 0.5 | | | (0.3) | | (2.2) | | Net current period other comprehensive (loss) income, net of income taxes | (4.2) | | (1.5) | | | 0.6 | | (5.1) | | | Noncontrolling interest | (0.1) | | — | | | — | | (0.1) | | Net current period other comprehensive (loss) income, net of income taxes and noncontrolling interest | (4.3) | | (1.5) | | | 0.6 | | (5.2) | | | Balance at June 30, 2026 | $ | (155.2) | | $ | 29.5 | | | $ | 0.9 | | $ | (124.8) | |
| | | | | | | | | | | | | | | | | Foreign currency translation adjustments | Pension and other postretirement liability adjustments | | Change in fair value of derivative financial instruments | Total | | Balance at December 31, 2025 | $ | (129.0) | | $ | 32.5 | | | $ | — | | $ | (96.5) | | | | | | | | Other comprehensive loss before reclassifications and income taxes | (28.8) | | — | | | (0.5) | | (29.3) | | Amounts reclassified from accumulated other comprehensive (loss) income before income taxes | — | | (4.0) | | | 1.7 | | (2.3) | | | Income tax (expense) benefit | (5.9) | | 1.0 | | | (0.3) | | (5.2) | | Net current period other comprehensive (loss) income, net of income taxes | (34.7) | | (3.0) | | | 0.9 | | (36.8) | | | Noncontrolling interest | 8.5 | | — | | | — | | 8.5 | | Net current period other comprehensive (loss) income, net of income taxes, noncontrolling interest | (26.2) | | (3.0) | | | 0.9 | | (28.3) | | | Balance at June 30, 2026 | $ | (155.2) | | $ | 29.5 | | | $ | 0.9 | | $ | (124.8) | | | | | | | |
Foreign currency translation adjustments at June 30, 2026 and December 31, 2025 included cumulative losses of $23.9 million and $42.3 million, respectively, net of deferred taxes, related to net investment hedges. Refer to Note 20 - Derivative Instruments and Hedging Activities for additional information on the net investment hedges. Note 18 - Accumulated Other Comprehensive Income (Loss) (continued) | | | | | | | | | | | | | | | | | Foreign currency translation adjustments | Pension and other postretirement liability adjustments | | Change in fair value of derivative financial instruments | Total | | Balance at March 31, 2025 | $ | (278.1) | | $ | 37.1 | | | $ | 2.1 | | $ | (238.9) | | | | | | | | Other comprehensive income (loss) before reclassifications and income taxes | 128.3 | | (0.2) | | | (4.3) | | 123.8 | | Amounts reclassified from accumulated other comprehensive loss before income taxes | — | | (2.0) | | | (0.7) | | (2.7) | | | Income tax benefit | 15.3 | | 0.5 | | | 1.4 | | 17.2 | | Net current period other comprehensive income (loss), net of income taxes | 143.6 | | (1.7) | | | (3.6) | | 138.3 | | | Noncontrolling interest | 0.4 | | — | | | — | | 0.4 | | Net current period other comprehensive income (loss), net of income taxes and noncontrolling interest | 144.0 | | (1.7) | | | (3.6) | | 138.7 | | | Balance at June 30, 2025 | $ | (134.1) | | $ | 35.4 | | | $ | (1.5) | | $ | (100.2) | |
| | | | | | | | | | | | | | | | | Foreign currency translation adjustments | Pension and other postretirement liability adjustments | | Change in fair value of derivative financial instruments | Total | | Balance at Dec 31, 2024 | $ | (344.6) | | $ | 38.7 | | | $ | 4.2 | | $ | (301.7) | | | | | | | | Other comprehensive income (loss) before reclassifications and income taxes | 188.1 | | (0.3) | | | (6.1) | | 181.7 | | Amounts reclassified from accumulated other comprehensive loss before income taxes | — | | (4.0) | | | (1.9) | | (5.9) | | | Income tax benefit | 22.6 | | 1.0 | | | 2.3 | | 25.9 | | Net current period other comprehensive income (loss), net of income taxes | 210.7 | | (3.3) | | | (5.7) | | 201.7 | | | Noncontrolling interest | (0.2) | | — | | | — | | (0.2) | | Net current period other comprehensive income (loss), net of income taxes and noncontrolling interest | 210.5 | | (3.3) | | | (5.7) | | 201.5 | | | Balance at June 30, 2025 | $ | (134.1) | | $ | 35.4 | | | $ | (1.5) | | $ | (100.2) | | | | | | | |
Other comprehensive income (loss) before reclassifications and income taxes includes the effect of foreign currency.
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