XML 64 R40.htm IDEA: XBRL DOCUMENT
v3.22.4

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity [Abstract] |
Schedule of Activity for Each Component of Accumulated Other Comprehensive Loss | Presented below is a summary of activity for each component of "Accumulated Other Comprehensive Loss" for the years ended December 31, 2022, 2021, and 2020.
| Foreign Currency Translation Adjustments |  | Unrealized Gain (Loss) on Hedges |  | Unrealized Gain (Loss) on Available-for-sale Investments |  | Unrealized Pension (Costs) Credits (a) |  | Total Accumulated Other Comprehensive Loss
| (in millions)
December 31, 2019 | $ | (154.8) |  |  | $ | 12.5 |  |  | $ | 1.7 |  |  | $ | (15.4) |  |  | $ | (156.0) |
Other comprehensive income (loss) before reclassifications | 35.7 |  |  | (34.8) |  |  | 8.0 |  |  | (5.5) |  |  | 3.4 |
Amounts reclassified from accumulated other comprehensive loss | (6.4) |  |  | (19.2) |  |  | 0.3 |  |  | 0.9 |  |  | (24.4) |
Deferred income tax benefit (expense) | 3.1 |  |  | 13.8 |  |  | (1.4) |  |  | 0.4 |  |  | 15.9 |
December 31, 2020 | (122.4) |  |  | (27.7) |  |  | 8.6 |  |  | (19.6) |  |  | (161.1) |
Other comprehensive (loss) income before reclassifications | (39.2) |  |  | 66.3 |  |  | (29.2) |  |  | 12.8 |  |  | 10.7 |
Amounts reclassified from accumulated other comprehensive loss | (6.4) |  |  | 12.0 |  |  | 8.6 |  |  | 1.0 |  |  | 15.2 |
Deferred income tax (expense) benefit | (4.5) |  |  | (20.9) |  |  | 5.1 |  |  | (2.2) |  |  | (22.5) |
December 31, 2021 | (172.5) |  |  | 29.7 |  |  | (6.9) |  |  | (8.0) |  |  | (157.7) |
Other comprehensive (loss) income before reclassifications | (33.9) |  |  | 75.2 |  |  | (77.9) |  |  | 17.3 |  |  | (19.3) |
Amounts reclassified from accumulated other comprehensive loss | (7.0) |  |  | (84.5) |  |  | 18.8 |  |  | (0.1) |  |  | (72.8) |
Deferred income tax (expense) benefit | (5.4) |  |  | 3.4 |  |  | 0.4 |  |  | (3.5) |  |  | (5.1) |
December 31, 2022 | $ | (218.8) |  |  | $ | 23.8 |  |  | $ | (65.6) |  |  | $ | 5.7 |  |  | $ | (254.9) |
Schedule of Change in Unrealized Pension Costs | For the years ended December 31, 2022, 2021, and 2020, the change in unrealized pension costs consisted of the following (in millions):
| Pre-Tax Amount |  | Tax (Expense) Benefit |  | Net of Tax Amount
2022 |  |  |  |  |
Prior service credit arising during period | $ | — |  |  | $ | (1.1) |  |  | $ | (1.1) |
Amortization of prior service credit | (0.7) |  |  | 0.3 |  |  | (0.4) |
Net prior service cost arising during period | (0.7) |  |  | (0.8) |  |  | (1.5) |
Net actuarial gain arising during period | 17.9 |  |  | (2.7) |  |  | 15.2 |
Unrealized pension credits, net | $ | 17.2 |  |  | $ | (3.5) |  |  | $ | 13.7 |
2021 |  |  |  |  |
Prior service credit arising during period | $ | 0.1 |  |  | $ | — |  |  | $ | 0.1 |
Amortization of prior service credit | (0.7) |  |  | 0.1 |  |  | (0.6) |
Net prior service cost arising during period | (0.6) |  |  | 0.1 |  |  | (0.5) |
Net actuarial gain arising during period | 14.4 |  |  | (2.3) |  |  | 12.1 |
Unrealized pension credits, net | $ | 13.8 |  |  | $ | (2.2) |  |  | $ | 11.6 |
2020 |  |  |  |  |
Prior service credit arising during period | $ | 0.6 |  |  | $ | (0.2) |  |  | $ | 0.4 |
Amortization of prior service credit | (0.7) |  |  | 0.1 |  |  | (0.6) |
Net prior service cost arising during period | (0.1) |  |  | (0.1) |  |  | (0.2) |
Net actuarial loss arising during period | (4.5) |  |  | 0.5 |  |  | (4.0) |
Unrealized pension costs, net | $ | (4.6) |  |  | $ | 0.4 |  |  | $ | (4.2) |
Schedule of Information About Amounts Reclassified from Accumulated Other Comprehensive Loss | The following table provides information about amounts reclassified from "Accumulated Other Comprehensive Loss" (in millions):
| Years Ended December 31, |  |
Details about Accumulated Other Comprehensive Loss Components | 2022 |  | 2021 |  | Affected Line on Consolidated Statements of Operations
Foreign currency translation adjustments | $ | 7.0 |  |  | $ | 6.4 |  |  | Other income, net
| (1.7) |  |  | (1.6) |  |  | Provision for income taxes
| $ | 5.3 |  |  | $ | 4.8 |  |  | Net of tax
Gain (loss) on hedges | $ | 88.4 |  |  | $ | (23.0) |  |  | Cost of sales
| — |  |  | (0.6) |  |  | Selling, general, and administrative expenses
| (3.9) |  |  | 11.6 |  |  | Other income, net
| 84.5 |  |  | (12.0) |  |  | Total before tax
| (22.2) |  |  | 4.6 |  |  | Provision for income taxes
| $ | 62.3 |  |  | $ | (7.4) |  |  | Net of tax
Gain (loss) on available-for-sale investments | $ | (18.8) |  |  | $ | (8.6) |  |  | Other income, net
| 4.6 |  |  | 2.1 |  |  | Provision for income taxes
| $ | (14.2) |  |  | $ | (6.5) |  |  | Net of tax
Amortization of pension adjustments | $ | 0.1 |  |  | $ | (1.0) |  |  | Other income, net
| — |  |  | 0.1 |  |  | Provision for income taxes
| $ | 0.1 |  |  | $ | (0.9) |  |  | Net of tax

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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfAmountsRecognizedInOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration