Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Tables)

3 Months Ended

Mar. 31, 2023

Reclassifications out of Accumulated Other Comprehensive Income (Loss) [Abstract]

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

Reclassification adjustments and other activity impacting accumulated other comprehensive income (loss) during the three months ended March 31, 2023 and March 31, 2022 are as follows (in millions):


	Defined Benefit Plans			Foreign Currency Translation Adjustments		Unrecognized Gain (Loss) on Cash Flow Hedges			Total
Balance at December 31, 2022	$	(146.9)		$	(149.7)	$	21.2		$	(275.4)

Other comprehensive income before reclassifications	—			8.8		1.9			10.7

Income tax effect of other comprehensive income before reclassifications	—			—		2.2			2.2

Amounts reclassified from accumulated other comprehensive income (loss)	(1.2)		(a)	—		(1.2)		(b)	(2.4)

Income taxes reclassified into net loss	0.5			—		(0.4)			0.1

Net change in accumulated other comprehensive income (loss)	(0.7)			8.8		2.5			10.6

Balance at March 31, 2023	$	(147.6)		$	(140.9)	$	23.7		$	(264.8)


	Defined Benefit Plans			Foreign Currency Translation Adjustments		Unrecognized Gain (Loss) on Cash Flow Hedges			Total
Balance at December 31, 2021	$	(241.9)		$	(111.3)	$	(11.6)		$	(364.8)

Other comprehensive income before reclassifications	—			6.0		22.9			28.9

Income tax effect of other comprehensive income before reclassifications	—			—		(3.5)			(3.5)

Amounts reclassified from accumulated other comprehensive income (loss)	1.8		(a)	—		(4.3)		(b)	(2.5)

Income taxes reclassified into net income	(0.5)			—		0.6			0.1

Net change in accumulated other comprehensive income (loss)	1.3			6.0		15.7			23.0

Balance at March 31, 2022	$	(240.6)		$	(105.3)	$	4.1		$	(341.8)


(a)			These amounts were reclassified from AOCI to Other income (expense), net for the three months ended March 31, 2023 and March 31, 2022.

(b)			The amounts reclassified from AOCI included $(3.3) million in cost of goods sold (COGS), $(0.6) million in interest expense and $2.7 million in Other income (expense), net for the three months ended March 31, 2023 and $(1.2) million in COGS, $2.9 million in interest expense and $(6.0) million in Other income (expense), net for the three months ended March 31, 2022.