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ACCUMULATED OTHER COMPREHENSIVE LOSS
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS ACCUMULATED OTHER COMPREHENSIVE LOSS
The following tables summarize the activity for each component of Accumulated Other Comprehensive Loss (in millions):
 Foreign
Currency
Translation
Adjustments
Unrealized Gain on Hedges

Unrealized Loss on Available-for-sale Investments
Unrealized
Pension
Costs
Total
Accumulated
Other
Comprehensive
Loss
December 31, 2023$(214.5)$0.7 $(24.8)$(4.2)$(242.8)
Other comprehensive (loss) income before reclassifications
(23.3)43.4 7.0 0.4 27.5 
Amounts reclassified from accumulated other comprehensive loss(1.7)(7.2)2.5 — (6.4)
Deferred income tax expense
(1.1)(9.3)(1.1)(0.1)(11.6)
March 31, 2024$(240.6)$27.6 $(16.4)$(3.9)$(233.3)
Other comprehensive income (loss) before reclassifications
3.4 21.8 4.2 (0.1)29.3 
Amounts reclassified from accumulated other comprehensive loss(1.8)(12.5)1.0 — (13.3)
Deferred income tax (expense) benefit
(0.6)(2.4)0.1 — (2.9)
June 30, 2024$(239.6)$34.5 $(11.1)$(4.0)$(220.2)

 Foreign
Currency
Translation
Adjustments
Unrealized Gain on Hedges
Unrealized Loss on Available-for-sale Investments
Unrealized
Pension
Credits
Total
Accumulated
Other
Comprehensive
Loss
December 31, 2022$(218.8)$23.8 $(65.6)$5.7 $(254.9)
Other comprehensive income (loss) before reclassifications
4.9 6.7 9.0 (0.1)20.5 
Amounts reclassified from accumulated other comprehensive loss(1.7)(29.8)4.0 — (27.5)
Deferred income tax benefit
0.6 5.9 — — 6.5 
March 31, 2023$(215.0)$6.6 $(52.6)$5.6 $(255.4)
Other comprehensive (loss) income before reclassifications
(11.3)33.5 2.1 0.2 24.5 
Amounts reclassified from accumulated other comprehensive loss(1.8)(25.2)3.8 — (23.2)
Deferred income tax benefit (expense)
1.6 (3.0)— — (1.4)
June 30, 2023$(226.5)$11.9 $(46.7)$5.8 $(255.5)
The following table provides information about amounts reclassified from Accumulated Other Comprehensive Loss (in millions):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 
 Affected Line on Consolidated Condensed
Statements of Operations
Details about Accumulated Other
Comprehensive Loss Components
2024202320242023
Foreign currency translation adjustments$1.8 $1.8 $3.5 $3.5 Other income, net
(0.4)(0.4)(0.8)(0.8)Provision for income taxes
$1.4 $1.4 $2.7 $2.7 Net of tax
Gain on hedges
$12.5 $13.9 $14.9 $43.7 Cost of sales
— 11.3 4.8 11.3 Other income, net
12.5 25.2 19.7 55.0 Total before tax
(3.2)(4.8)(4.7)(11.9)Provision for income taxes
$9.3 $20.4 $15.0 $43.1 Net of tax
Loss on available-for-sale investments
$(1.0)$(3.8)$(3.5)$(7.8)Interest income, net
0.3 0.9 0.9 1.9 Provision for income taxes
$(0.7)$(2.9)$(2.6)$(5.9)Net of tax