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Accumulated Other Comprehensive (Loss) Income
12 Months Ended
Dec. 31, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive (Loss) Income
Note 20 - Accumulated Other Comprehensive (Loss) Income
The following tables present details about components of accumulated other comprehensive (loss) income for the years ended December 31, 2024 and December 31, 2023:
Foreign currency
translation adjustments
Pension and postretirement
liability adjustments
Change in fair value of
derivative financial instruments
Total
Balance at December 31, 2023$(193.8)$44.7 $2.2 $(146.9)
Ownership changes5.6   5.6 
Other comprehensive income (loss) before reclassifications
   and income taxes
(153.5)(0.1)5.5 (148.1)
Amounts reclassified from accumulated other comprehensive
   (loss) income, before income tax
 (7.9)(2.5)(10.4)
Income tax (expense) benefit (7.7)2.0 (1.0)(6.7)
Net current period other comprehensive income (loss),
   net of income taxes and ownership changes
(155.6)(6.0)2.0 (159.6)
Noncontrolling interest4.8   4.8 
Net current period comprehensive income (loss), net
   of income taxes, noncontrolling interest and ownership
   changes
(150.8)(6.0)2.0 (154.8)
Balance at December 31, 2024$(344.6)$38.7 $4.2 $(301.7)
Foreign currency
translation adjustments
Pension and postretirement
liability adjustments
Change in fair value of
derivative financial instruments
Total
Balance at December 31, 2022$(235.7)$50.8 $3.0 $(181.9)
Ownership changes6.6 — — 6.6 
Other comprehensive income (loss) before reclassifications
   and income taxes
33.5 (0.2)(2.0)31.3 
Amounts reclassified from accumulated other comprehensive
   (loss) income, before income tax
— (7.9)0.9 (7.0)
Income tax benefit— 2.0 0.3 2.3 
Net current period other comprehensive income (loss),
   net of income taxes and ownership changes
40.1 (6.1)(0.8)33.2 
Noncontrolling interest1.8 — — 1.8 
Net current period comprehensive (loss) income, net
   of income taxes, noncontrolling interest and ownership
   changes
41.9 (6.1)(0.8)35.0 
Balance at December 31, 2023$(193.8)$44.7 $2.2 $(146.9)
Foreign currency translation adjustments at December 31, 2024 and 2023 included cumulative gains of $27.1 million and $3.3 million, respectively, net of deferred taxes, related to net investment hedges. Refer to Note 22 - Derivative Instruments for additional information on the net investment hedges.
Other comprehensive (loss) income before reclassifications and income taxes includes the effect of foreign currency.