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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024, 2023, and 2022.
| Foreign Currency Translation Adjustments |  | Unrealized Gain (Loss) on Hedges |  | Unrealized (Loss) Gain on Available-for-sale Investments |  | Unrealized Pension (Costs) Credits (a) |  | Total Accumulated Other Comprehensive Loss
| (in millions)
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) |
Other comprehensive income (loss) before reclassifications | 6.9 |  |  | 43.3 |  |  | 32.6 |  |  | (11.1) |  |  | 71.7 |
Amounts reclassified from accumulated other comprehensive loss | (6.9) |  |  | (72.8) |  |  | 8.1 |  |  | (0.8) |  |  | (72.4) |
Deferred income tax benefit | 4.3 |  |  | 6.4 |  |  | 0.1 |  |  | 2.0 |  |  | 12.8 |
December 31, 2023 | (214.5) |  |  | 0.7 |  |  | (24.8) |  |  | (4.2) |  |  | (242.8) |
Other comprehensive (loss) income before reclassifications | (49.9) |  |  | 91.0 |  |  | 34.8 |  |  | (0.2) |  |  | 75.7 |
Amounts reclassified from accumulated other comprehensive loss | (7.0) |  |  | (40.6) |  |  | (12.5) |  |  | 0.6 |  |  | (59.5) |
Deferred income tax expense | (2.7) |  |  | (13.4) |  |  | (1.5) |  |  | (0.3) |  |  | (17.9) |
December 31, 2024 | $ | (274.1) |  |  | $ | 37.7 |  |  | $ | (4.0) |  |  | $ | (4.1) |  |  | $ | (244.5) |
Schedule of Change in Unrealized Pension Costs | For the years ended December 31, 2024, 2023, and 2022, the change in unrealized pension costs consisted of the following (in millions):
| Pre-Tax Amount |  | Tax (Expense) Benefit |  | Net of Tax Amount
2024 |  |  |  |  |
Prior service credit arising during period | $ | — |  |  | $ | (0.1) |  |  | $ | (0.1) |
Amortization of prior service credit | (0.8) |  |  | 0.2 |  |  | (0.6) |
Net prior service cost arising during period | (0.8) |  |  | 0.1 |  |  | (0.7) |
Net actuarial loss arising during period | 1.2 |  |  | (0.4) |  |  | 0.8 |
Unrealized pension costs, net | $ | 0.4 |  |  | $ | (0.3) |  |  | $ | 0.1 |
2023 |  |  |  |  |
Prior service credit arising during period | $ | 0.7 |  |  | $ | 0.9 |  |  | $ | 1.6 |
Amortization of prior service credit | (0.8) |  |  | 0.1 |  |  | (0.7) |
Net prior service cost arising during period | (0.1) |  |  | 1.0 |  |  | 0.9 |
Net actuarial gain arising during period | (11.8) |  |  | 1.0 |  |  | (10.8) |
Unrealized pension credits, net | $ | (11.9) |  |  | $ | 2.0 |  |  | $ | (9.9) |
2022 |  |  |  |  |
Prior service cost 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 |
Schedule of 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 | 2024 |  | 2023 |  | Affected Line on Consolidated Statements of Operations
Foreign currency translation adjustments | $ | 7.0 |  |  | $ | 6.9 |  |  | Other non-operating income, net
| (1.7) |  |  | (1.7) |  |  | Provision for income taxes
| $ | 5.3 |  |  | $ | 5.2 |  |  | Net of tax
Gain (loss) on hedges | $ | 35.8 |  |  | $ | 58.9 |  |  | Cost of sales
| 4.8 |  |  | 13.9 |  |  | Other non-operating income, net
| 40.6 |  |  | 72.8 |  |  | Total before tax
| (10.1) |  |  | (15.8) |  |  | Provision for income taxes
| $ | 30.5 |  |  | $ | 57.0 |  |  | Net of tax
(Loss) gain on available-for-sale investments | $ | 12.5 |  |  | $ | (8.1) |  |  | Other non-operating income, net
| (3.1) |  |  | 2.2 |  |  | Provision for income taxes
| $ | 9.4 |  |  | $ | (5.9) |  |  | Net of tax
Amortization of pension adjustments | $ | (0.6) |  |  | $ | 0.8 |  |  | Other non-operating income, net
| 0.5 |  |  | (0.2) |  |  | Provision for income taxes
| $ | (0.1) |  |  | $ | 0.6 |  |  | Net of tax

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