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Accumulated Other Comprehensive (Loss) Income
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Accumulated Other Comprehensive (Loss) Income Accumulated Other Comprehensive (Loss) Income
The components of accumulated other comprehensive (loss) income are as follows:
 
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxes Accumulated other comprehensive income (loss)
Balance at December 31, 2023$13.2 $(2.4)$10.8 
Other comprehensive loss before reclassifications, net of taxes(55.6)— (55.6)
Amounts reclassified from accumulated other comprehensive income (loss), net of income taxes— (0.1)(0.1)
Net current-period other comprehensive loss, net of taxes(55.6)(0.1)(55.7)
Balance at March 31, 2024$(42.4)$(2.5)$(44.9)
Foreign currency translation adjustments (1)
Pension liability adjustments, net of taxesAccumulated other comprehensive loss
Balance at December 31, 2022$(50.5)$(7.5)$(58.0)
Other comprehensive income before reclassifications, net of taxes4.0 — 4.0 
Amounts reclassified from accumulated other comprehensive loss, net of taxes— 0.1 0.1 
Net current-period other comprehensive income, net of taxes4.0 0.1 4.1 
Balance at March 31, 2023$(46.5)$(7.4)$(53.9)
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(1)Foreign currency translation adjustments includes translation adjustments and net investment hedge, net of taxes. See Note 11, “Derivative Financial Instruments,” for further information related to the net investment hedge.