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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Contractual Amounts for Derivative Contracts
The following table summarizes, by currency, the contractual amounts of the Company’s foreign currency forward contracts that are designated as cash flow hedges:
December 31 (dollars in millions)20252024
BuySellBuySell
Canadian dollar$— $57.8 $— $28.9 
Euro16.8 — 14.0 — 
Mexican peso18.7 — 27.2 — 
Total$35.5 $57.8 $41.2 $28.9 
Schedule of Effect of Derivatives on the Condensed Consolidated Statement of Earnings
The effect of cash flow hedges on the consolidated statement of earnings:
Years ended December 31 (dollars in millions):
Derivatives in ASC 815 cash flow
hedging relationships
Amount of gain (loss) recognized in other
comprehensive loss on
derivatives
Location of gain (loss)
reclassified from
accumulated other
comprehensive loss into
earnings
Amount of gain (loss) reclassified
from accumulated
other comprehensive
loss into earnings
2025202420252024
Foreign currency contracts$4.0 $(0.7)Cost of products sold$1.6 $2.2 
Interest rate swaps(0.5)(0.5)Interest Expense(0.4)(0.1)
$3.5 $(1.2)$1.2 $2.1