v3.26.1
STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income by Component
The following table reflects the changes in AOCI, net of taxes, by component for the periods presented:
($ in millions) ¹
Gains and Losses On Derivative Instruments
Cumulative Translation Adjustment
Postretirement Benefit Plan Items
Total
Balance as of March 31, 2026$1.4$(15.4)$2.1$(11.9)
OCI before reclassifications1.1(2.1)—(1.0)
Amounts reclassified from AOCI1.1—(0.2)0.9
Net current-period OCI2.2(2.1)(0.2)(0.1)
Balance as of June 30, 2026$3.6$(17.5)$1.9$(12.0)
Balance as of December 31, 2025$(2.4)$(13.8)$2.3$(13.9)
OCI before reclassifications3.8(3.7)—0.1
Amounts reclassified from AOCI2.2—(0.4)1.8
Net current-period OCI6.0(3.7)(0.4)1.9
Balance as of June 30, 2026$3.6$(17.5)$1.9$(12.0)
Balance as of March 31, 2025$2.3$(16.9)$1.9$(12.7)
OCI before reclassifications(1.7)9.8—8.1
Amounts reclassified from AOCI1.81.0(0.2)2.6
Net current-period OCI0.110.8(0.2)10.7
Balance as of June 30, 2025$2.4$(6.1)$1.7$(2.0)
Balance as of December 31, 2024$0.3$(19.6)$2.1$(17.2)
OCI before reclassifications(1.4)12.5—11.1
Amounts reclassified from AOCI3.51.0(0.4)4.1
Net current-period OCI2.113.5(0.4)15.2
Balance as of June 30, 2025$2.4$(6.1)$1.7$(2.0)
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¹ All amounts are net of tax. Amounts in parentheses indicate debits.
Schedule of Reclassification Out of Accumulated Other Comprehensive Income (Loss)
The following table reflects the amounts reclassified out of AOCI, net of taxes, by component for the periods presented:
($ in millions)
For the Three Months Ended
For the Six Months Ended
Affected Line Item in the Statement Where Net Income Is Presented
Details of AOCI ComponentsJune 30, 2026June 30, 2025June 30, 2026June 30, 2025
Gains and losses reclassified from AOCI
Foreign exchange contracts¹$(1.5)$(1.8)$(3.0)$(3.5)Other expense (income), net
Cumulative translation adjustment
—(1.0)—(1.0)Net loss from discontinued operations, net of tax
Interest rate swaps2
0.4—0.8—Interest and financing expense, net
Recognized actuarial gains2
0.20.20.40.4Interest and financing expense, net
Total reclassification for the period
$(0.9)$(2.6)$(1.8)$(4.1)
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1    Amount is net of tax impact of $0.5 million and $0.6 million for the three months ended June 30, 2026 and June 30, 2025, respectively, and $1.0 million and $1.2 million for the six months ended June 30, 2026 and June 30, 2025, respectively. Tax impact is recorded within Provision for income taxes on the Condensed Consolidated Statements of Operations.
2    Tax impact of this income for all periods was immaterial.