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Reclassifications out of Accumulated Other Comprehensive Income (Tables) | 12 Months Ended
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Dec. 31, 2023
Reclassifications out of Accumulated Other Comprehensive Income [Abstract] |
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block] | Reclassification adjustments and other activity impacting accumulated other comprehensive income (loss) (AOCI) during the years ended December 31, 2023, December 31, 2022 and December 31, 2021 are as follows (in millions):
|  | Defined Benefit Plans |  | Foreign Currency Translation Adjustments |  | Unrecognized Gain (Loss) on Cash Flow Hedges |  | Total
Balance at January 1, 2021 | $ | (311.0) |  |  | $ | (101.1) |  |  | $ | (20.1) |  |  | $ | (432.2) |
Other comprehensive income (loss) before reclassifications | 33.9 |  |  | (10.7) |  |  | 22.2 |  |  | 45.4 |
Income tax effect of other comprehensive income (loss) before reclassifications | (7.0) |  |  | — |  |  | (4.8) |  |  | (11.8) |
Amounts reclassified from accumulated other comprehensive loss into net income | 53.4 |  | (a) | 0.5 |  |  | (9.8) |  | (b) | 44.1 |
Income taxes reclassified into net income | (11.2) |  |  | — |  |  | 0.9 |  |  | (10.3) |
Net current period other comprehensive income (loss) | 69.1 |  |  | (10.2) |  |  | 8.5 |  |  | 67.4 |
Balance at December 31, 2021 | $ | (241.9) |  |  | $ | (111.3) |  |  | $ | (11.6) |  |  | $ | (364.8) |
Other comprehensive income (loss) before reclassifications | 119.5 |  |  | (38.4) |  |  | 62.2 |  |  | 143.3 |
Income tax effect of other comprehensive income (loss) before reclassifications | (30.2) |  |  | — |  |  | (9.9) |  |  | (40.1) |
Amounts reclassified from accumulated other comprehensive loss into net income | 7.3 |  | (a) | — |  |  | (22.9) |  | (b) | (15.6) |
Income taxes reclassified into net income | (1.6) |  |  | — |  |  | 3.4 |  |  | 1.8 |
Net current period other comprehensive income (loss) | 95.0 |  |  | (38.4) |  |  | 32.8 |  |  | 89.4 |
Balance at December 31, 2022 | $ | (146.9) |  |  | $ | (149.7) |  |  | $ | 21.2 |  |  | $ | (275.4) |
Other comprehensive income before reclassifications | 5.5 |  |  | 7.4 |  |  | 18.5 |  |  | 31.4 |
Income tax effect of other comprehensive income before reclassifications | (1.8) |  |  | — |  |  | 2.4 |  |  | 0.6 |
Amounts reclassified from accumulated other comprehensive income (loss) into net loss | (3.5) |  | (a) | — |  |  | (16.9) |  | (b) | (20.4) |
Income taxes reclassified into net loss | 1.4 |  |  | — |  |  | (0.5) |  |  | 0.9 |
Net current period other comprehensive income | 1.6 |  |  | 7.4 |  |  | 3.5 |  |  | 12.5 |
Balance at December 31, 2023 | $ | (145.3) |  |  | $ | (142.3) |  |  | $ | 24.7 |  |  | $ | (262.9) |
(a) | The amount reclassified for 2021 includes a credit to AOCI of $42.3 million related to the effect of the Pension Annuity Purchase. See Note 7 - Employee Benefit Plans for more detail.
(b) | The amounts reclassified from AOCI included $(19.9) million in COGS, $(3.6) million in interest expense and $6.6 million in other income (expense), net for the year ended December 31, 2023, $(6.5) million in COGS, $(2.7) million in interest expense and $(13.7) million in other income (expense), net for the year ended December 31, 2022 and $(5.6) million in COGS, $14.8 million in interest expense and $(19.0) million in other income (expense), net for the year ended December 31, 2021.

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- Definition Reclassifications out of Accumulated Other Comprehensive Income [Abstract] + References No definition available. + Details
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- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
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