XML 65 R46.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Other Comprehensive Income (Loss) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive Income (Loss) | The following table summarizes the activity related to each component of other comprehensive income (loss):
(Amounts presented net of taxes) | Foreign Currency Translation Gains (Losses) |  | Net Unrealized Gains (Losses) on Available-For-Sale Securities |  | Retirement Benefit Plans |  | Net Unrealized Gains (Losses) on Cash Flow Hedges |  |  |  | Accumulated Other Comprehensive Loss
Beginning balance at January 1, 2022 | $ | (1,550.2) |  |  | $ | 3.7 |  |  | $ | (2,583.6) |  |  | $ | (213.0) |  |  |  |  | $ | (4,343.1) |
Other comprehensive income (loss) before reclassifications | (324.4) |  |  | (52.2) |  |  | 291.5 |  |  | 332.8 |  |  |  |  | 247.7 |
Net amount reclassified from accumulated other comprehensive loss | 0.4 |  |  | 11.4 |  |  | 229.8 |  |  | 9.2 |  |  |  |  | 250.8 |
Net other comprehensive income (loss) | (324.0) |  |  | (40.8) |  |  | 521.3 |  |  | 342.0 |  |  |  |  | 498.5 |
Balance at December 31, 2022 | (1,874.2) |  |  | (37.1) |  |  | (2,062.3) |  |  | 129.0 |  |  |  |  | (3,844.6) |
Other comprehensive income (loss) before reclassifications | 78.9 |  |  | 10.1 |  |  | (686.9) |  |  | 79.7 |  |  |  |  | (518.2) |
Net amount reclassified from accumulated other comprehensive loss | (23.7) |  |  | 0.8 |  |  | 51.9 |  |  | 6.8 |  |  |  |  | 35.8 |
Net other comprehensive income (loss) | 55.2 |  |  | 10.9 |  |  | (635.0) |  |  | 86.5 |  |  |  |  | (482.4) |
Balance at December 31, 2023 | (1,819.0) |  |  | (26.2) |  |  | (2,697.3) |  |  | 215.5 |  |  |  |  | (4,327.0) |
Other comprehensive income (loss) before reclassifications | (580.2) |  |  | (5.0) |  |  | 424.6 |  |  | 62.0 |  |  |  |  | (98.6) |
Net amount reclassified from accumulated other comprehensive loss | 9.6 |  |  | (0.5) |  |  | 94.0 |  |  | 0.6 |  |  |  |  | 103.7 |
Net other comprehensive income (loss) | (570.6) |  |  | (5.5) |  |  | 518.6 |  |  | 62.6 |  |  |  |  | 5.1 |
Ending balance at December 31, 2024 | $ | (2,389.6) |  |  | $ | (31.7) |  |  | $ | (2,178.7) |  |  | $ | 278.1 |  |  |  |  | $ | (4,321.9) |
The tax effects on the net activity related to each component of other comprehensive income (loss) for the years ended December 31, were as follows:
Tax benefit (expense) | 2024 |  | 2023 |  | 2022
Foreign currency translation gains/losses | $ | (146.4) |  |  | $ | 81.0 |  |  | $ | (75.9) |
Net unrealized gains/losses on available-for-sale securities | 1.6 |  |  | (3.2) |  |  | 12.4 |
Retirement benefit plans | (133.2) |  |  | 141.5 |  |  | (95.6) |
Net unrealized gains/losses on cash flow hedges | (16.7) |  |  | (23.0) |  |  | (90.9) |
Benefit (expense) for income taxes related to other comprehensive income (loss) | $ | (294.7) |  |  | $ | 196.3 |  |  | $ | (250.0) |
Schedule of Amounts Recognized in Other Comprehensive Loss | Reclassifications out of accumulated other comprehensive loss were as follows:
|  | Affected Line Item in the Consolidated Statements of Operations
2024 |  | 2023 |  | 2022
Amortization of retirement benefit items: |  |  |  |  |  |
Prior service benefits, net | $ | (3.5) |  |  | $ | (50.5) |  |  | $ | (52.4) |  | Other—net, (income) expense
Actuarial losses | 122.5 |  |  | 116.2 |  |  | 343.3 |  | Other—net, (income) expense
Total before tax | 119.0 |  |  | 65.7 |  |  | 290.9 |  |
Tax benefit | (25.0) |  |  | (13.8) |  |  | (61.1) |  | Income taxes
Net of tax | 94.0 |  |  | 51.9 |  |  | 229.8 |  |
Other, net of tax | 9.7 |  |  | (16.1) |  |  | 21.0 |  | Other—net, (income) expense
Total reclassifications for the period, net of tax | $ | 103.7 |  |  | $ | 35.8 |  |  | $ | 250.8 |  |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration