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Other Expense (Income) (Tables) | 12 Months Ended
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Dec. 31, 2024
Other Income and Expenses [Abstract] |
Schedule of Other Expense (Income) | Other expense (income) consisted of:
($ in millions) | 2024 |  | 2023 |  | 2022
Restructuring and related charges: |  |  |  |  |
Severance and benefits | $ | (2.5) |  |  | $ | (2.8) |  |  | $ | 8.7 |
Asset-related charges | — |  |  | — |  |  | 15.3 |
Other charges | — |  |  | — |  |  | (0.2) |
Total restructuring and related charges | $ | (2.5) |  |  | $ | (2.8) |  |  | $ | 23.8 |
Asset impairments | 7.3 |  |  | 9.6 |  |  | 6.2 |
Foreign exchange transaction losses (gains) | 10.2 |  |  | 9.4 |  |  | (4.1) |
Contingent consideration | 5.1 |  |  | 2.3 |  |  | 3.0 |
Loss on disposal of plant | — |  |  | 11.6 |  |  | — |
Other items | 0.9 |  |  | 1.3 |  |  | (2.1) |
Total other expense (income) | $ | 21.0 |  |  | $ | 31.4 |  |  | $ | 26.8 |
Schedule of Restructuring Obligations | The following table presents activity related to our restructuring obligations related to our 2022 restructuring plan:
($ in millions) | Severance and benefits |  |  | Other charges |  | Total
Balance, December 31, 2023 | $ | 3.0 |  |  |  | $ | — |  |  | $ | 3.0 |
(Credits) charges | (2.5) |  |  |  | — |  |  | (2.5) |
Cash payments | (0.5) |  |  |  | — |  |  | (0.5) |
Balance, December 31, 2024 | $ | — |  |  |  | $ | — |  |  | $ | — |
Details of Impairment of Long-Lived Assets Held and Used by Asset | During the periods ended December 31, asset impairments consisted of:
($ in millions) | 2024 |  | 2023 |  | 2022
Cost method investment impairment charges | $ | 0.3 |  |  | $ | 4.3 |  |  | $ | 3.5 |
Fixed asset impairment expense | 7.0 |  |  | 5.3 |  |  | 2.7 |
Total asset impairments | $ | 7.3 |  |  | $ | 9.6 |  |  | $ | 6.2 |

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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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