XML 68 R51.htm IDEA: XBRL DOCUMENT
v3.22.4

Comprehensive Income (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity [Abstract] |
Items not reclassified in their entirety from Accumulated Other Comprehensive Income to Net Income | The following table provides information on items not reclassified in their entirety from AOCL to Net Income in the accompanying Consolidated Statements of Operations (in millions):
|  | For the Years Ended December 31, |  |
AOCL Component |  | 2022 |  | 2021 |  | Affected Line Item(s) in the Consolidated Statements of Operations
Gains/(Losses) on cash flow hedges: |  |  |  |  |  |
Derivative contracts |  | $ | 9.7 |  |  | $ | 26.9 |  |  | Cost of goods sold and Losses (gains) and other expenses, net.
Income tax expense |  | (2.2) |  |  | (6.2) |  |  | Provision for income taxes
Net of tax |  | $ | 7.5 |  |  | $ | 20.7 |  |  |
Defined Benefit Plan Items: |  |  |  |  |  |
Pension and post-retirement benefits costs |  | $ | (5.4) |  |  | $ | (7.9) |  |  | Cost of goods sold; Selling, general, administrative expenses and Other (income) expense, net
Pension settlements |  | 0.2 |  |  | (1.2) |  |  | Pension settlements
Income tax benefit |  | 1.3 |  |  | 2.2 |  |  | Provision for income taxes
Net of tax |  | $ | (3.9) |  |  | $ | (6.9) |  |  |
Total reclassifications from AOCL |  | $ | 3.6 |  |  | $ | 13.8 |  |  |
Changes in AOCI by component (net of tax) | The following tables provide information on changes in AOCL, by component (net of tax), for the years ended December 31, 2022 and 2021 (in millions):
|  | Gains (Loss) on Cash Flow Hedges |  | Share of equity method investments other comprehensive income |  | Defined Benefit Plan Items |  | Foreign Currency Translation Adjustments |  | Total AOCL
Balance as of December 31, 2021 |  | $ | 10.7 |  |  | $ | (1.2) |  |  | $ | (68.8) |  |  | $ | (28.8) |  |  | $ | (88.1) |
Other comprehensive (loss) income before reclassifications |  | (8.1) |  |  | 0.7 |  |  | 18.7 |  |  | (10.2) |  |  | 1.1 |
Amounts reclassified from AOCL |  | (7.5) |  |  | — |  |  | 3.9 |  |  | — |  |  | (3.6) |
Net other comprehensive (loss) income |  | (15.6) |  |  | 0.7 |  |  | 22.6 |  |  | (10.2) |  |  | (2.5) |
Balance as of December 31, 2022 |  | $ | (4.9) |  |  | $ | (0.5) |  |  | $ | (46.2) |  |  | $ | (39.0) |  |  | $ | (90.6) |
|  | Gains (Losses) on Cash Flow Hedges |  | Share of equity method investments other comprehensive income |  | Defined Benefit Plan Items |  | Foreign Currency Translation Adjustments |  | Total AOCL
Balance as of December 31, 2020 |  | $ | 8.2 |  |  | $ | (1.2) |  |  | $ | (82.7) |  |  | $ | (21.5) |  |  | $ | (97.2) |
Other comprehensive income (loss) before reclassifications |  | 23.2 |  |  | — |  |  | 7.0 |  |  | (7.3) |  |  | 22.9 |
Amounts reclassified from AOCL |  | (20.7) |  |  | — |  |  | 6.9 |  |  | — |  |  | (13.8) |
Other comprehensive income (loss) before reclassifications |  | 2.5 |  |  | — |  |  | 13.9 |  |  | (7.3) |  |  | 9.1 |
Balance as of December 31, 2021 |  | $ | 10.7 |  |  | $ | (1.2) |  |  | $ | (68.8) |  |  | $ | (28.8) |  |  | $ | (88.1) |

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 http://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 http://asc.fasb.org/extlink&oid=124509347&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 http://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