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Pensions and Postretirement Benefits Other than Pensions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Defined Benefit Plan, Assumptions [Table Text Block] | Weighted-average assumptions used to determine net periodic pension cost for the years ended December 31 were as follows:
|  | 2024 |  | 2023 |  | 2022
Discount rate: |  |  |  |  |  |
U.S. plans |  |  |  |  |  |
Service cost |  | 5.12 | % |  | 5.48 | % |  | 3.06 | %
Interest cost |  | 5.08 | % |  | 5.35 | % |  | 2.36 | %
Non-U.S. plans |  |  |  |  |  |
Service cost |  | 4.38 | % |  | 4.82 | % |  | 2.07 | %
Interest cost |  | 4.18 | % |  | 4.65 | % |  | 1.62 | %
Rate of compensation increase: |  |  |  |  |  |
U.S. plans |  | 4.02 | % |  | 4.25 | % |  | 4.00 | %
Non-U.S. plans |  | 4.07 | % |  | 4.23 | % |  | 4.00 | %
Expected return on plan assets: |  |  |  |  |  |
U.S. plans |  | 6.00 | % |  | 6.25 | % |  | 4.00 | %
Non-U.S. plans |  | 4.69 | % |  | 5.02 | % |  | 2.50 | %
Pension Plans [Member] |  |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | The following table details information regarding the Company's pension plans at December 31:
In millions |  | 2024 |  | 2023
Change in benefit obligations: |  |  |  |
Benefit obligation at beginning of year |  | $ | 2,412.5 |  |  | $ | 2,386.1 |
Service cost |  | 32.1 |  |  | 34.4 |
Interest cost |  | 112.9 |  |  | 119.6 |
Employee contributions |  | 1.0 |  |  | 1.0 |
Actuarial (gains) losses (1) |  | (94.5) |  |  | 63.7 |
Benefits paid |  | (179.3) |  |  | (187.9) |
Currency translation |  | (19.4) |  |  | 22.0 |
Curtailments, settlements and special termination benefits |  | (7.0) |  |  | (2.4) |
Other, including expenses paid |  | (19.2) |  |  | (24.0) |
Benefit obligation at end of year |  | $ | 2,239.1 |  |  | $ | 2,412.5 |
Change in plan assets: |  |  |  |
Fair value at beginning of year |  | $ | 2,145.7 |  |  | $ | 2,051.6 |
Actual return on assets |  | 26.7 |  |  | 192.2 |
Company contributions |  | 58.9 |  |  | 93.5 |
Employee contributions |  | 1.0 |  |  | 1.0 |
Benefits paid |  | (179.3) |  |  | (187.9) |
Currency translation |  | (16.1) |  |  | 22.9 |
Settlements |  | (7.0) |  |  | (2.4) |
Other, including expenses paid |  | (19.7) |  |  | (25.2) |
Fair value of assets end of year |  | $ | 2,010.2 |  |  | $ | 2,145.7 |
Net unfunded liability |  | $ | (228.9) |  |  | $ | (266.8) |
Amounts included in the balance sheet: |  |  |  |
Other noncurrent assets |  | $ | 65.2 |  |  | $ | 52.5 |
Accrued compensation and benefits |  | (15.6) |  |  | (10.8) |
Postemployment and other benefit liabilities |  | (278.5) |  |  | (308.5) |
Net amount recognized |  | $ | (228.9) |  |  | $ | (266.8) |
Schedule of Comprehensive Income (Loss) [Table Text Block] | The pretax amounts recognized in Accumulated other comprehensive income (loss) were as follows:
In millions |  | Prior service benefit (cost) |  | Net actuarial gains (losses) |  | Total
December 31, 2023 |  | $ | (18.0) |  |  | $ | (485.8) |  |  | $ | (503.8) |
Current year changes recorded to AOCI |  | — |  |  | 3.2 |  |  | 3.2 |
Amortization reclassified to earnings |  | 3.0 |  |  | 15.0 |  |  | 18.0 |
Settlements/curtailments reclassified to earnings |  | — |  |  | 1.0 |  |  | 1.0 |
Currency translation and other |  | 0.2 |  |  | 1.9 |  |  | 2.1 |
December 31, 2024 |  | $ | (14.8) |  |  | $ | (464.7) |  |  | $ | (479.5) |
Defined Benefit Plan, Assumptions [Table Text Block] | Weighted-average assumptions used to determine the benefit obligation at December 31 were as follows:
|  | 2024 |  | 2023
Discount rate: |  |  |  |
U.S. plans |  | 5.62 | % |  | 5.16 | %
Non-U.S. plans |  | 4.75 | % |  | 4.18 | %
Rate of compensation increase: |  |  |  |
U.S. plans |  | 4.03 | % |  | 4.02 | %
Non-U.S. plans |  | 4.08 | % |  | 4.07 | %
Schedule of Expected Benefit Payments [Table Text Block] | Pension benefit payments are expected to be paid as follows:
In millions |
2025 | $ | 191.9 |
2026 | 190.3 |
2027 | 207.5 |
2028 | 178.1 |
2029 | 172.5 |
2030-2034 | 864.5 |
Schedule of Net Benefit Costs [Table Text Block] | The components of the Company's net periodic pension benefit costs for the years ended December 31 include the following:
In millions |  | 2024 |  | 2023 |  | 2022
Service cost |  | $ | 32.1 |  |  | $ | 34.4 |  |  | $ | 47.5 |
Interest cost |  | 112.9 |  |  | 119.6 |  |  | 70.3 |
Expected return on plan assets |  | (117.8) |  |  | (120.3) |  |  | (103.8) |
Net amortization of: |  |  |  |  |  |
Prior service costs (benefits) |  | 3.0 |  |  | 3.6 |  |  | 3.9 |
Plan net actuarial (gains) losses |  | 15.0 |  |  | 16.2 |  |  | 23.3 |
Net periodic pension benefit cost |  | 45.2 |  |  | 53.5 |  |  | 41.2 |
Net curtailment and settlement losses |  | 1.0 |  |  | 1.4 |  |  | 15.0 |
Net periodic pension benefit cost after net curtailment and settlement losses |  | $ | 46.2 |  |  | $ | 54.9 |  |  | $ | 56.2 |
Amounts recorded in continuing operations: |  |  |  |  |  |
Operating income |  | $ | 28.0 |  |  | $ | 29.6 |  |  | $ | 43.2 |
Other income/(expense), net |  | 11.5 |  |  | 18.6 |  |  | 9.2 |
Amounts recorded in discontinued operations |  | 6.7 |  |  | 6.7 |  |  | 3.8 |
Total |  | $ | 46.2 |  |  | $ | 54.9 |  |  | $ | 56.2 |
Schedule of Defined Benefit Plans Disclosures [Table Text Block] | The fair values of the Company's pension plan assets at December 31, 2024 by asset category were as follows:
|  | Fair value measurements |  | Net asset value |  | Total fair value
In millions |  | Level 1 |  | Level 2 |  | Level 3 |  |
Cash and cash equivalents |  | $ | 6.5 |  |  | $ | 30.0 |  |  | $ | — |  |  | $ | — |  |  | $ | 36.5 |
Equity investments: |  |  |  |  |  |  |  |  |  |
Registered mutual funds – equity specialty |  | — |  |  | — |  |  | — |  |  | 73.7 |  |  | 73.7 |
Commingled funds – equity specialty |  | — |  |  | — |  |  | — |  |  | 244.2 |  |  | 244.2 |
|  | — |  |  | — |  |  | — |  |  | 317.9 |  |  | 317.9 |
Fixed income investments: |  |  |  |  |  |  |  |  |  |
U.S. government and agency obligations |  | — |  |  | 384.1 |  |  | — |  |  | — |  |  | 384.1 |
Corporate and non-U.S. bonds |  | — |  |  | 1,001.9 |  |  | — |  |  | — |  |  | 1,001.9 |
Asset-backed and mortgage-backed securities |  | — |  |  | 14.9 |  |  | — |  |  | — |  |  | 14.9 |
Registered mutual funds – fixed income specialty |  | — |  |  | — |  |  | — |  |  | 91.7 |  |  | 91.7 |
Commingled funds – fixed income specialty |  | — |  |  | — |  |  | — |  |  | 81.0 |  |  | 81.0 |
Other fixed income(a) |  | — |  |  | — |  |  | 31.5 |  |  | — |  |  | 31.5 |
|  | — |  |  | 1,400.9 |  |  | 31.5 |  |  | 172.7 |  |  | 1,605.1 |
Derivatives |  | — |  |  | (0.5) |  |  | — |  |  | — |  |  | (0.5) |
Other(b) |  | — |  |  | — |  |  | 86.2 |  |  | — |  |  | 86.2 |
Total assets at fair value |  | $ | 6.5 |  |  | $ | 1,430.4 |  |  | $ | 117.7 |  |  | $ | 490.6 |  |  | $ | 2,045.2 |
Receivables and payables, net |  |  |  |  |  |  |  |  |  | (35.0) |
Net assets available for benefits |  |  |  |  |  |  |  |  |  | $ | 2,010.2 |
| The fair values of the Company's pension plan assets at December 31, 2023 by asset category were as follows:
|  | Fair value measurements |  | Net asset value |  | Total fair value
In millions |  | Level 1 |  | Level 2 |  | Level 3 |
Cash and cash equivalents |  | $ | 4.7 |  |  | $ | 43.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 48.6 |
Equity investments: |  |  |  |  |  |  |  |  |  |
Registered mutual funds – equity specialty |  | — |  |  | — |  |  | — |  |  | 78.7 |  |  | 78.7 |
Commingled funds – equity specialty |  | — |  |  | — |  |  | — |  |  | 262.4 |  |  | 262.4 |
|  | — |  |  | — |  |  | — |  |  | 341.1 |  |  | 341.1 |
Fixed income investments: |  |  |  |  |  |  |  |  |  |
U.S. government and agency obligations |  | — |  |  | 355.7 |  |  | — |  |  | — |  |  | 355.7 |
Corporate and non-U.S. bonds |  | — |  |  | 1,079.5 |  |  | — |  |  | — |  |  | 1,079.5 |
Asset-backed and mortgage-backed securities |  | — |  |  | 12.5 |  |  | — |  |  | — |  |  | 12.5 |
Registered mutual funds – fixed income specialty |  | — |  |  | — |  |  | — |  |  | 96.1 |  |  | 96.1 |
Commingled funds – fixed income specialty |  | — |  |  | — |  |  | — |  |  | 75.0 |  |  | 75.0 |
Other fixed income(a) |  | — |  |  | — |  |  | 31.2 |  |  | — |  |  | 31.2 |
|  | — |  |  | 1,447.7 |  |  | 31.2 |  |  | 171.1 |  |  | 1,650.0 |
Derivatives |  | — |  |  | 5.9 |  |  | — |  |  | — |  |  | 5.9 |
Other(b) |  | — |  |  | — |  |  | 89.7 |  |  | — |  |  | 89.7 |
Total assets at fair value |  | $ | 4.7 |  |  | $ | 1,497.5 |  |  | $ | 120.9 |  |  | $ | 512.2 |  |  | $ | 2,135.3 |
Receivables and payables, net |  |  |  |  |  |  |  |  |  | 10.4 |
Net assets available for benefits |  |  |  |  |  |  |  |  |  | $ | 2,145.7 |
(a)This class includes group annuity and guaranteed interest contracts. (b)This investment comprises the Company's non-significant, non-US pension plan assets. It primarily includes insurance contracts.
Postretirement [Member] |  |
Schedule of Changes in Projected Benefit Obligations [Table Text Block] | The following table details changes in the Company's postretirement plan benefit obligations for the years ended December 31:
In millions |  | 2024 |  | 2023
Benefit obligation at beginning of year |  | $ | 241.3 |  |  | $ | 266.4 |
Service cost |  | 1.2 |  |  | 1.4 |
Interest cost |  | 11.5 |  |  | 13.3 |
Actuarial (gains) losses |  | (5.6) |  |  | (7.4) |
Benefits paid, net of Medicare Part D subsidy |  | (25.3) |  |  | (32.4) |
Benefit obligations at end of year |  | $ | 222.7 |  |  | $ | 241.3 |
Schedule of Comprehensive Income (Loss) [Table Text Block] | The pre-tax amounts recognized in Accumulated other comprehensive income (loss) were as follows:
In millions |  | Prior service benefit (cost) |  | Net actuarial gains (losses) |  | Total
Balance at December 31, 2023 |  | $ | (2.7) |  |  | $ | 114.9 |  |  | $ | 112.2 |
Current year changes recorded to AOCI |  | — |  |  | 5.6 |  |  | 5.6 |
Amortization reclassified to earnings |  | 0.6 |  |  | (13.2) |  |  | (12.6) |
Balance at December 31, 2024 |  | $ | (2.1) |  |  | $ | 107.2 |  |  | $ | 105.1 |
Defined Benefit Plan, Assumptions [Table Text Block] |
|  | 2024 |  | 2023 |  | 2022
Discount rate: |  |  |  |  |  |
Benefit obligations at December 31 |  | 5.57 | % |  | 5.17 | % |  | 5.51 | %
Net periodic benefit cost |  |  |  |  |  |
Service cost |  | 5.19 | % |  | 5.54 | % |  | 2.82 | %
Interest cost |  | 5.12 | % |  | 5.38 | % |  | 2.33 | %
Assumed health-care cost trend rates at December 31: |  |  |  |  |  |
Current year medical inflation |  | 6.51 | % |  | 6.28 | % |  | 6.50 | %
Ultimate inflation rate |  | 5.00 | % |  | 5.00 | % |  | 5.00 | %
Year that the rate reaches the ultimate trend rate |  | 2030 |  | 2029 |  | 2028
Schedule of Expected Benefit Payments [Table Text Block] | Benefit payments for postretirement benefits, which are net of expected plan participant contributions and Medicare Part D subsidy, are expected to be paid as follows:
In millions |
2025 | $ | 28.5 |
2026 | 26.8 |
2027 | 25.1 |
2028 | 23.7 |
2029 | 22.0 |
2030—2034 | 88.3 |
Schedule of Net Funded Status [Table Text Block] | The benefit plan obligations are reflected in the Consolidated Balance Sheets as follows:
In millions |  | December 31, 2024 |  | December 31, 2023
Accrued compensation and benefits |  | $ | (27.9) |  |  | $ | (29.3) |
Postemployment and other benefit liabilities |  | (194.8) |  |  | (212.0) |
Total |  | $ | (222.7) |  |  | $ | (241.3) |
Schedule of Costs of Retirement Plans [Table Text Block] | The components of net periodic postretirement benefit cost for the years ended December 31 were as follows:
In millions |  | 2024 |  | 2023 |  | 2022
Service cost |  | $ | 1.2 |  |  | $ | 1.4 |  |  | $ | 1.8 |
Interest cost |  | 11.5 |  |  | 13.3 |  |  | 6.9 |
Net amortization of: |  |  |  |  |  |
Prior service costs (benefits) |  | 0.6 |  |  | 0.6 |  |  | — |
Plan net actuarial (gains) losses |  | (13.2) |  |  | (13.0) |  |  | (5.6) |
Net periodic postretirement benefit cost |  | $ | 0.1 |  |  | $ | 2.3 |  |  | $ | 3.1 |
Amounts recorded in continuing operations: |  |  |  |  |  |
Operating income |  | $ | 1.2 |  |  | $ | 1.4 |  |  | $ | 1.8 |
Other income/(expense), net |  | 0.1 |  |  | 1.4 |  |  | 1.4 |
Amounts recorded in discontinued operations |  | (1.2) |  |  | (0.5) |  |  | (0.1) |
Total |  | $ | 0.1 |  |  | $ | 2.3 |  |  | $ | 3.1 |

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