XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.24.3

Changes in Accumulated Other Comprehensive Loss by Component | 9 Months Ended
--- | ---
Sep. 30, 2024
Equity [Abstract] |
Changes in Accumulated Other Comprehensive Loss by Component | Changes in Accumulated Other Comprehensive Loss by Component Changes to accumulated other comprehensive loss by component are as follows:
(dollars in millions) | Three Months Ended September 30, |
| 2024 |  |  | 2023 |
Cumulative foreign currency translation |  |  |  |  |
Balance at beginning of period | $ | (87.5) |  |  |  | $ | (82.6) |  |
Other comprehensive gain (loss) before reclassifications | 7.6 |  |  |  | (6.9) |  |
Balance at end of period | (79.9) |  |  |  | (89.5) |  |
Unrealized net gain on cash flow derivatives |  |  |  |  |
Balance at beginning of period | — |  |  |  | 3.3 |  |
Other comprehensive (loss) gain before reclassifications | (0.6) |  |  |  | 1.1 |  |
Realized gains on derivatives reclassified to cost of products sold (net of income tax provision of $0.1 and $0.6 in 2024 and 2023, respectively) | (0.3) |  |  |  | (1.9) |  |
Balance at end of period | (0.9) |  |  |  | 2.5 |  |
Pension liability |  |  |  |  |
Balance at beginning of period | (4.5) |  |  |  | (3.1) |  |
Amounts reclassified from accumulated other comprehensive loss:(1) | 0.1 |  |  |  | — |  |
Balance at end of period | (4.4) |  |  |  | (3.1) |  |
Accumulated other comprehensive loss, end of period | $ | (85.2) |  |  |  | $ | (90.1) |  |
(1) Amortization of pension items: |  |  |  |  |
Actuarial losses | $ | 0.1 |  |  |  | $ | — |  | (2)
| 0.1 |  |  |  | — |  |
Income tax benefit | — |  |  |  | — |  |
Reclassification net of income tax benefit | $ | 0.1 |  |  |  | $ | — |  |
(2)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 9 - Pensions for additional details. Changes to accumulated other comprehensive loss by component are as follows:
(dollars in millions) | Nine Months Ended September 30, |
| 2024 |  |  | 2023 |
Cumulative foreign currency translation |  |  |  |  |
Balance at beginning of period | $ | (80.3) |  |  |  | $ | (84.1) |  |
Other comprehensive gain (loss) before reclassifications | 0.4 |  |  |  | (5.4) |  |
Balance at end of period | (79.9) |  |  |  | (89.5) |  |
Unrealized net gain on cash flow derivatives |  |  |  |  |
Balance at beginning of period | 0.7 |  |  |  | 4.9 |  |
Other comprehensive (loss) gain before reclassifications | (0.2) |  |  |  | 2.7 |  |
Realized gains on derivatives reclassified to cost of products sold (net of income tax provision of $0.5 and $1.6 in 2024 and 2023, respectively) | (1.4) |  |  |  | (5.1) |  |
Balance at end of period | (0.9) |  |  |  | 2.5 |  |
Pension liability |  |  |  |  |
Balance at beginning of period | (4.6) |  |  |  | (3.2) |  |
Amounts reclassified from accumulated other comprehensive loss:(1) | 0.2 |  |  |  | 0.1 |  |
Balance at end of period | (4.4) |  |  |  | (3.1) |  |
Accumulated other comprehensive loss, end of period | $ | (85.2) |  |  |  | $ | (90.1) |  |
(1) Amortization of pension items: |  |  |  |  |
Actuarial losses | $ | 0.2 |  |  |  | $ | 0.1 |  | (2)
Prior year service cost | 0.1 |  |  |  | 0.1 |  | (2)
| 0.3 |  |  |  | 0.2 |  |
Income tax benefit | (0.1) |  |  |  | (0.1) |  |
Reclassification net of income tax benefit | $ | 0.2 |  |  |  | $ | 0.1 |  |
(2)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. See Note 9 - Pensions for additional details.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration