XML 64 R54.htm IDEA: XBRL DOCUMENT v3.24.0.1

Derivative Financial Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of All Open Derivative Instruments

The fair values of all open derivative instruments were as follows (in millions):

		December 31, 2023
		Other Current Assets				Other Long Term Assets				Other Current Liabilities				Other Long Term Liabilities
Cash flow hedges:
Foreign exchange contracts		$	—			$	—			$	0.7			$	—
Not designated as hedging instruments:
Foreign exchange contracts			0.5				—				2.5				0.2
		$	0.5			$	—			$	3.2			$	0.2

		December 31, 2022
		Other Current Assets				Other Long Term Assets				Other Current Liabilities				Other Long Term Liabilities
Cash flow hedges:
Foreign exchange contracts		$	11.1			$	—			$	0.3			$	—
Not designated as hedging instruments:
Foreign exchange contracts			1.5				0.1				1.3				—
		$	12.6			$	0.1			$	1.6			$	—

Schedule of Pre-tax Effects of Derivative Instruments

The pre-tax effects of derivative instruments consisted of the following (in millions):

		Classification of		Year Ended December 31,								(transition period) Three Months Ended December 31,				Year Ended September 30,
		Gains (Losses)		2023				2022				2021				2021
Cash flow hedges:
Foreign exchange contracts		Net Sales		$	9.6			$	—			$	—			$	—
Foreign exchange contracts		Cost of sales			2.3				1.4				0.3				(0.7	)
Not designated as hedging instruments:
Foreign exchange contracts		Miscellaneous, net			2.7				0.9				(0.1	)			0.2
				$	14.6			$	2.3			$	0.2			$	(0.5	)

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration