Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2024

Schedule of Changes in Accumulated Other Comprehensive Loss by Component

Changes to accumulated other comprehensive loss by component are as follows:


(dollars in millions)	Years ended December 31,
	2024		2023
Cumulative foreign currency translation
Balance at beginning of period	$	(80.3)	$	(84.1)
Other comprehensive (loss) gain before reclassifications	(24.0)		3.8
Balance at end of period	(104.3)		(80.3)
Unrealized net gain (loss) on cash flow derivatives
Balance at beginning of period	0.7		4.9
Other comprehensive (loss) gain before reclassifications	(0.5)		2.8
Realized gains on derivatives reclassified to cost of products sold (net of tax provision of $0.5 and $2.2 in 2023, respectively)(1)	(1.7)		(7.0)
Balance at end of period	(1.5)		0.7
Pension liability
Balance at beginning of period	(4.6)		(3.2)
Other comprehensive loss before reclassifications	(1.8)		(1.6)
Amounts reclassified from accumulated other comprehensive loss(1)	0.3		0.2
Balance at end of period	(6.1)		(4.6)
Total accumulated other comprehensive loss, end of period	$	(111.9)	$	(84.2)

(1)Amounts reclassified from accumulated other comprehensive loss:


Realized gains on derivatives reclassified to cost of products sold	$	(2.2)		$	(9.2)
Tax provision	0.5			2.2
Reclassification net of tax	$	(1.7)		$	(7.0)
Amortization of pension items:
Actuarial losses	$	0.3	(2)	$	0.1	(2)
Prior year service cost	0.1		(2)	0.1		(2)
	0.4			0.2
Tax benefit	(0.1)			—
Reclassification net of tax	$	0.3		$	0.2

(2)These accumulated other comprehensive loss components are included in the computation of net periodic benefit cost. See Note 13, “Pensions and Other Post-retirement Benefits” for additional details.