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Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2024
Statement of Comprehensive Income [Abstract]  
Schedule of Components of Other Comprehensive Income (Loss)
The following tables summarize the activity related to each component of other comprehensive income (loss) during the three months ended March 31, 2024 and 2023:
(Amounts presented net of taxes)Foreign Currency Translation Gains (Losses)Net Unrealized Gains (Losses) on Available-For-Sale SecuritiesDefined Benefit Pension and Retiree Health Benefit PlansNet Unrealized Gains (Losses) on Cash Flow HedgesAccumulated Other Comprehensive Loss
Balance at January 1, 2024
$(1,819.0)$(26.2)$(2,697.3)$215.5 $(4,327.0)
Other comprehensive income (loss) before reclassifications(88.2)(4.8)15.6 72.0 (5.4)
Net amount reclassified from accumulated other comprehensive loss10.2 0.1 23.0 (0.4)32.9 
Net other comprehensive income (loss)(78.0)(4.7)38.6 71.6 27.5 
Balance at March 31, 2024
$(1,897.0)$(30.9)$(2,658.7)$287.1 $(4,299.5)
(Amounts presented net of taxes)Foreign Currency Translation Gains (Losses)Net Unrealized Gains (Losses) on Available-For-Sale SecuritiesDefined Benefit Pension and Retiree Health Benefit PlansNet Unrealized Gains (Losses) on Cash Flow HedgesAccumulated Other Comprehensive Loss
Balance at January 1, 2023
$(1,874.2)$(37.1)$(2,062.3)$129.0 $(3,844.6)
Other comprehensive income (loss) before reclassifications72.8 8.1 (16.8)12.7 76.8 
Net amount reclassified from accumulated other comprehensive loss(25.2)0.7 13.0 2.0 (9.5)
Net other comprehensive income (loss)47.6 8.8 (3.8)14.7 67.3 
Balance at March 31, 2023
$(1,826.6)$(28.3)$(2,066.1)$143.7 $(3,777.3)
The tax effects on the net activity related to each component of other comprehensive income (loss) were as follows:
Three Months Ended March 31,
Tax benefit (expense) 20242023
Foreign currency translation gains/losses$(52.0)$46.5 
Net unrealized gains/losses on available-for-sale securities1.4 (2.6)
Defined benefit pension and retiree health benefit plans4.8 (4.0)
Net unrealized gains/losses on cash flow hedges(19.0)(3.9)
Benefit (expense) for income taxes allocated to other comprehensive income (loss) items$(64.8)$36.0 
Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss
Reclassifications out of accumulated other comprehensive loss were as follows:
Details about Accumulated Other Comprehensive Loss ComponentsThree Months Ended March 31,Affected Line Item in the Consolidated Condensed Statements of Operations
20242023
Amortization of retirement benefit items:
Prior service benefits, net$(0.9)$(12.6)Other–net, (income) expense
Actuarial losses, net30.0 29.1 Other–net, (income) expense
Total before tax29.1 16.5 
Tax benefit(6.1)(3.5)Income taxes
Net of tax23.0 13.0 
Other, net of tax
9.9 (22.5)Other–net, (income) expense
Total reclassifications, net of tax$32.9 $(9.5)