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Changes in Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Classification Of Accumulated Other Comprehensive Income Reflected On Consolidated Balance Sheets
The table below provides the accumulated balances for each classification of accumulated other comprehensive income (loss), as reflected on our Condensed Consolidated Balance Sheets.
(in millions)Defined Benefit Pension and Postretirement Items Currency Translation Adjustment
 Total a
Balance as of December 31, 2022$(271.9)$(231.4)$(503.3)
Other comprehensive income before reclassifications— (2.1)(2.1)
Amounts reclassified from accumulated other comprehensive loss8.9 — 8.9 
Net period other comprehensive income8.9 (2.1)6.8 
Distribution of Crane NXT, Co.(8.9)423.4 414.5 
Balance as of September 30, 2023$(271.9)$189.9 $(82.0)
a
 Net of tax benefit of $109.3 million and $106.6 million as of September 30, 2023 and December 31, 2022, respectively.
Amounts Reclassified out of each Component of AOCI
The table below illustrates the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three and nine months ended September 30, 2023 and 2022. Amortization of pension and postretirement components has been recorded within “Miscellaneous income (expense), net” on our Condensed Consolidated Statements of Operations.
Three Months Ended September 30,Nine Months Ended September 30,
(in millions)2023202220232022
Amortization of pension items:
Prior service costs (benefit)$0.5 $— $0.5 $(0.1)
Net loss$3.9 $3.3 $11.5 $12.9 
Amortization of postretirement items:
Prior service costs (benefit)0.2 (0.3)(0.3)(0.8)
Net loss (benefit)0.2 — (0.2)— 
Total before tax$4.8 $3.0 $11.5 $12.0 
Tax impact1.2 0.8 2.6 2.9 
Total reclassifications for the period$3.6 $2.2 $8.9 $9.1