XML 29 R17.htm IDEA: XBRL DOCUMENT
v3.24.2

Accumulated Other Comprehensive Loss | 6 Months Ended
--- | ---
Jun. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss A summary of the changes in Accumulated other comprehensive loss (net of tax) for the six months ended June 30, 2024 is provided below (in millions):
(debit) credit | Cash flow hedge gain (loss) | Unrealized gain (loss) on available-for- sale securities | Pension and post retirement benefit plan adjustment | Cumulative translation adjustment | Total
BALANCE AT DECEMBER 31, 2023 | $ | (0.3) |  | $ | (0.2) |  | $ | (178.4) |  | $ | (133.5) |  | $ | (312.4) |
Other comprehensive income (loss) before reclassifications | 0.6 |  | (0.4) |  | — |  | (30.9) |  | (30.7) |
Amounts reclassified from accumulated other comprehensive income (loss) | (0.1) |  | — |  | 4.2 |  | — |  | 4.1 |
Current period other comprehensive income (loss) | 0.5 |  | (0.4) |  | 4.2 |  | (30.9) |  | (26.6) |
BALANCE AT JUNE 30, 2024 | $ | 0.2 |  | $ | (0.6) |  | $ | (174.2) |  | $ | (164.4) |  | $ | (339.0) |
A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three and six months ended June 30, 2024 and 2023 is provided below (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30, |
Details about Accumulated Other Comprehensive Loss Components | 2024 | 2023 |  | 2024 | 2023 | Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss): |  |  |  |  |  |
Forward exchange contracts | $ | — |  | $ | — |  |  | $ | — |  | $ | — |  | Net sales
| 0.1 |  | 0.3 |  |  | 0.2 |  | 0.7 |  | Cost of goods sold
| — |  | — |  |  | — |  | — |  | Other expense, net
| 0.1 |  | 0.3 |  |  | 0.2 |  | 0.7 |  | Total before tax
| (0.1) |  | (0.1) |  |  | (0.1) |  | (0.2) |  | Tax benefit (expense)
| $ | — |  | $ | 0.2 |  |  | $ | 0.1 |  | $ | 0.5 |  | Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items: |  |  |  |  |  |
Prior-service costs (a) | $ | (0.1) |  | $ | (0.1) |  |  | $ | (0.2) |  | $ | (0.2) |  |
Actuarial gains (losses) (a) | (2.2) |  | (2.5) |  |  | (5.2) |  | (5.0) |  |
| (2.3) |  | (2.6) |  |  | (5.4) |  | (5.2) |  | Total before tax
| 0.6 |  | 0.6 |  |  | 1.2 |  | 1.8 |  | Tax benefit (expense)
| $ | (1.7) |  | $ | (2.0) |  |  | $ | (4.2) |  | $ | (3.4) |  | Gain (loss) net of tax
Gains (losses) reclassified into earnings | $ | (1.7) |  | $ | (1.8) |  |  | $ | (4.1) |  | $ | (2.9) |  | Gain (loss) net of tax
(a) These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 12 - Pension and Other Benefits in the Notes to Condensed Consolidated Financial Statements for additional details).

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration