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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The components of Accumulated other comprehensive income (loss) for the three and six months ended June 30, 2025 and 2024 are as follows:

Cumulative Translation AdjustmentPension and Other Postretirement Adjustments
Accumulated Other Comprehensive Income (Loss)
Three Months Ended June 30, 2025
Balance, March 31, 2025(1)
$(83.6)$6.4 $(77.2)
Other comprehensive income before reclassification adjustments125.6 — 125.6 
Gain reclassified from Accumulated other comprehensive income (loss)(2)(3)
— (0.3)(0.3)
Tax impact— 0.1 0.1 
Net other comprehensive income (loss)(1)
125.6 (0.2)125.4 
Balance, June 30, 2025(1)
$42.0 $6.2 $48.2 
Six Months Ended June 30, 2025
Balance, December 31, 2024(1)
$(137.5)$6.6 $(130.9)
Other comprehensive income before reclassification adjustments
179.5 — 179.5 
Gain reclassified from Accumulated other comprehensive income (loss)(2)(3)
— (0.5)(0.5)
Tax impact— 0.1 0.1 
Net other comprehensive income (loss)(1)
179.5 (0.4)179.1 
Balance, June 30, 2025(1)
$42.0 $6.2 $48.2 
Cumulative Translation AdjustmentPension and Other Postretirement Adjustments
Accumulated Other Comprehensive Income (Loss)
Three Months Ended June 30, 2024
Balance, March 31, 2024(1)
$(113.6)$3.4 $(110.2)
Other comprehensive loss before reclassification adjustments(11.5)— (11.5)
Gain reclassified from Accumulated other comprehensive loss(2)(3)
— (0.3)(0.3)
Loss reclassified related to divestitures(4)
5.5 — 5.5 
Tax impact— 0.1 0.1 
Net other comprehensive loss(1)
(6.0)(0.2)(6.2)
Balance, June 30, 2024(1)
$(119.6)$3.2 $(116.4)
Six Months Ended June 30, 2024
Balance, December 31, 2023(1)
$(49.3)$3.5 $(45.8)
Other comprehensive loss before reclassification adjustments
(75.8)— (75.8)
Gain reclassified from Accumulated other comprehensive loss(2)(3)
— (0.4)(0.4)
Loss reclassified related to divestitures(4)
5.5 — 5.5 
Tax impact— 0.1 0.1 
Net other comprehensive loss(1)
(70.3)(0.3)(70.6)
Balance, June 30, 2024(1)
$(119.6)$3.2 $(116.4)

(1) Amounts are presented net of tax.
(2) Included in the computation of net periodic cost. See Note 14, “Retirement Benefits.”
(3) Included in Other expense (income) – net in the Condensed Consolidated Statements of Income.
(4) In conjunction with the divestiture of Alfa Valvole, the Company released the associated cumulative foreign currency
translation losses and included the release as part of the gain on sale of business.