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Reclassifications out of Accumulated Other Comprehensive Income - Reclassifications out of Accumulated Other Comprehensive Income (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Accumulated Other Comprehensive Income (Loss), Net of Tax - Beginning Balance $ (262.9) $ (275.4) $ (364.8)
Other Comprehensive Income (Loss) Arising During Period, Total, Before Tax (65.4) 31.4 143.3
Other Comprehensive Income (Loss), Defined Benefit Plans, before Reclassification Adjustments, Tax 3.9 0.6 (40.1)
Other Comprehensive Income (Loss), Reclassification Adjustments, Total, Before Tax (31.1) (20.4) (15.6)
Other Comprehensive (Income) Loss, Reclassification Adjustment from AOCI, Defined Benefit Plans, Tax 3.3 0.9 1.8
Defined benefit plans, net (11.9) 1.6 95.0
Foreign currency translation adjustments (44.7) 7.4 (38.4)
Changes in hedges (32.7) 3.5 32.8
Other Comprehensive Income (Loss), Net of Tax (89.3) 12.5 89.4
Accumulated Other Comprehensive Income (Loss), Net of Tax - Ending Balance (352.2) (262.9) (275.4)
Cost of Sales [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax (11.9) (19.9) (6.5)
Interest Expense [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax (2.5) (3.6) (2.7)
Other Income [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax (13.2) 6.6 (13.7)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Accumulated Other Comprehensive Income (Loss), Net of Tax - Beginning Balance (145.3) (146.9) (241.9)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax (11.2) 5.5 119.5
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment, Tax 1.9 (1.8) (30.2)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax [1] (3.5) (3.5) 7.3
Other Comprehensive (Income) Loss, Defined Benefit Plan, Reclassification Adjustment from AOCI, Tax 0.9 1.4 (1.6)
Defined benefit plans, net (11.9) 1.6 95.0
Accumulated Other Comprehensive Income (Loss), Net of Tax - Ending Balance (157.2) (145.3) (146.9)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Accumulated Other Comprehensive Income (Loss), Net of Tax - Beginning Balance (142.3) (149.7) (111.3)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax (44.7) 7.4 (38.4)
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax 0.0 0.0 0.0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Net of Tax 0.0 0.0 0.0
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax 0.0 0.0 0.0
Foreign currency translation adjustments (44.7) 7.4 (38.4)
Accumulated Other Comprehensive Income (Loss), Net of Tax - Ending Balance (187.0) (142.3) (149.7)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]      
AOCI Attributable to Parent, Net of Tax [Roll Forward]      
Accumulated Other Comprehensive Income (Loss), Net of Tax - Beginning Balance 24.7 21.2 (11.6)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax (9.5) 18.5 62.2
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax 2.0 2.4 (9.9)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax [2] (27.6) (16.9) (22.9)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax 2.4 (0.5) 3.4
Changes in hedges (32.7) 3.5 32.8
Accumulated Other Comprehensive Income (Loss), Net of Tax - Ending Balance $ (8.0) $ 24.7 $ 21.2
[1]
These amounts were reclassified from AOCI to Other income (expense), net for the year ended December 31, 2024, the year ended December 31, 2023 and the year ended December 31, 2022.
[2]
The amounts reclassified from AOCI included $(11.9) million in Cost of goods sold (COGS), $(2.5) million in interest expense and $(13.2) million in other income (expense), net for the year ended December 31, 2024, $(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 and $(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.