Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2023

Accumulated Other Comprehensive Income (Loss)

15.

Accumulated Other Comprehensive Income (Loss)

The components of changes in accumulated other comprehensive income (loss) are as follows:


										Accumulated
	Foreign			Defined						Other
	Currency			Benefit			Derivative			Comprehensive
	Adjustments			Plans			Agreements			Income (Loss)
Balance at December 31, 2021	$	(30.2	)	$	(0.6	)	$	(37.4	)	$	(68.2	)
Other comprehensive income (loss) before reclassifications		(14.5	)		2.5			46.2			34.2
Amounts reclassified to consolidated statement of income (a) (b)		0.0			0.0			(0.3	)		(0.3	)
Tax benefit (expense)		0.0			(0.6	)		(12.2	)		(12.8	)
Other comprehensive income (loss)		(14.5	)		1.9			33.7			21.1
Balance at June 30, 2022	$	(44.7	)	$	1.3		$	(3.7	)	$	(47.1	)

Balance at December 31, 2022	$	(46.4	)	$	1.7		$	15.4		$	(29.3	)
Other comprehensive income (loss) before reclassifications		5.7			2.0			(3.9	)		3.8
Amounts reclassified to condensed consolidated statement of income (a) (b)		0.0			0.0			(3.7	)		(3.7	)
Tax benefit (expense)		0.0			(0.5	)		1.9			1.4
Other comprehensive income (loss)		5.7			1.5			(5.7	)		1.5
Balance at June 30, 2023	$	(40.7	)	$	3.2		$	9.7		$	(27.8	)

(a)

Amounts reclassified to cost of sales, selling, general and administrative expenses or interest expense.

(b)

The Company reclassified a gain of $2.8 and a loss of $0.1 to the condensed consolidated statements of income during the three months ended June 30, 2023 and 2022, respectively.