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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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