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Accumulated Other Comprehensive Loss (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive loss for the years ended December 31, 2024, 2023 and 2022 are as follows:
Cumulative Translation AdjustmentPension and Other Postretirement AdjustmentsAccumulated Other Comprehensive Loss
Balance, January 1, 2022(1)
$(62.2)$(7.4)$(69.6)
Other comprehensive (loss) income before reclassification adjustments
(74.9)24.6 (50.3)
Loss reclassified from Accumulated other comprehensive loss(2)(3)
— 0.5 0.5 
Tax impact— (6.8)(6.8)
Net other comprehensive (loss) income(1)
(74.9)18.3 (56.6)
Balance, December 31, 2022(1)
$(137.1)$10.9 $(126.2)
Other comprehensive income (loss) before reclassification adjustments
87.8 (8.2)79.6 
Gain reclassified from Accumulated other comprehensive loss(2)(3)
— (1.5)(1.5)
Tax impact— 2.3 2.3 
Net other comprehensive income (loss)(1)
87.8 (7.4)80.4 
Balance, December 31, 2023(1)
$(49.3)$3.5 $(45.8)
Other comprehensive (loss) income before reclassification adjustments
(93.7)4.8 (88.9)
Gain reclassified from Accumulated other comprehensive loss(2)(3)
— (1.0)(1.0)
Amounts reclassified related to divestitures(4)
5.5 — 5.5 
Tax impact— (0.7)(0.7)
Net other comprehensive (loss) income(1)
(88.2)3.1 (85.1)
Balance, December 31, 2024(1)
$(137.5)$6.6 $(130.9)

(1) Amounts are presented net of tax.
(2) Included in the computation of net periodic cost (benefit). See Note 17, “Retirement Benefits.”
(3) Included in Other (income) expense – net in the Consolidated Statements of Income.
(4) In conjunction with the divestiture of Alfa Valvole during the second quarter of 2024, the Company released
associated cumulative foreign currency translation losses and included the release as part of the gain on sale of business.