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

3 Months Ended

Mar. 31, 2024

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

Disclosure of Reclassification Amount [Text Block]

7. RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (AOCI)

Reclassification adjustments and other activity impacting accumulated other comprehensive income (loss) during the three months ended March 31, 2024 and March 31, 2023 are as follows (in millions):


	Defined Benefit Plans			Foreign Currency Translation Adjustments		Unrecognized Gain (Loss) on Cash Flow Hedges			Total
Balance at December 31, 2023	$	(145.3)		$	(142.3)	$	24.7		$	(262.9)

Other comprehensive income (loss) before reclassifications	—			(15.3)		23.8			8.5

Income tax effect of other comprehensive income (loss) before reclassifications	—			—		(5.0)			(5.0)

Amounts reclassified from accumulated other comprehensive income (loss)	(0.9)		(a)	—		(10.0)		(b)	(10.9)

Income taxes reclassified into net income (loss)	0.3			—		2.0			2.3

Net change in accumulated other comprehensive income (loss)	(0.6)			(15.3)		10.8			(5.1)

Balance at March 31, 2024	$	(145.9)		$	(157.6)	$	35.5		$	(268.0)


	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 income (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)


(a)			These amounts were reclassified from AOCI to Other income (expense), net for the three months ended March 31, 2024 and March 31, 2023.

(b)			The amounts reclassified from AOCI included $(4.7) million in cost of goods sold (COGS), $(0.3) million in interest expense and $(5.0) million in Other income (expense), net for the three months ended March 31, 2024 and $(3.3) million in COGS, $(0.6) million in interest expense and $2.7 million in Other income (expense), net for the three months ended March 31, 2023.