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Accumulated Other Comprehensive Loss | 12 Months Ended
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Dec. 31, 2024
Equity [Abstract] |
Accumulated Other Comprehensive Loss | Accumulated Other Comprehensive Loss The following table provides details of comprehensive loss:
(In millions) |  | Unrecognized Pension Items |  | Cumulative Translation Adjustment(1) |  | Unrecognized Losses on Derivative Instruments for net investment hedge |  | Unrecognized Gains (Losses) on Derivative Instruments for cash flow hedge |  |  |  | Accumulated Other Comprehensive Loss, Net of Taxes
Balance at December 31, 2022 |  | $ | (126.3) |  |  | $ | (837.5) |  |  | $ | (18.3) |  |  | $ | 3.3 |  |  |  |  | $ | (978.8) |
Other comprehensive (loss) income before reclassifications |  | (23.8) |  |  | 66.9 |  |  | (19.8) |  |  | (0.7) |  |  |  |  | 22.6 |
Less: amounts reclassified from accumulated other comprehensive loss |  | 3.7 |  |  | — |  |  | — |  |  | (3.0) |  |  |  |  | 0.7 |
Net current period other comprehensive (loss) income |  | (20.1) |  |  | 66.9 |  |  | (19.8) |  |  | (3.7) |  |  |  |  | 23.3 |
Balance at December 31, 2023 |  | $ | (146.4) |  |  | $ | (770.6) |  |  | $ | (38.1) |  |  | $ | (0.4) |  |  |  |  | $ | (955.5) |
Other comprehensive income (loss) before reclassifications |  | 1.1 |  |  | (146.5) |  |  | 17.4 |  |  | 4.4 |  |  |  |  | (123.6) |
Less: amounts reclassified from accumulated other comprehensive loss |  | 3.5 |  |  | — |  |  | — |  |  | (0.3) |  |  |  |  | 3.2 |
Net current period other comprehensive income (loss) |  | 4.6 |  |  | (146.5) |  |  | 17.4 |  |  | 4.1 |  |  |  |  | (120.4) |
Balance at December 31, 2024 |  | $ | (141.8) |  |  | $ | (917.1) |  |  | $ | (20.7) |  |  | $ | 3.7 |  |  |  |  | $ | (1,075.9) |
(1)Includes gains and losses on intra-entity foreign currency transactions. The intra-entity currency translation adjustments were $21.1 million, $12.9 million and $15.8 million for the years ended December 31, 2024, 2023 and 2022, respectively. The following table provides detail of amounts reclassified from AOCL:
(In millions) |  | 2024 |  | 2023 |  | 2022 |  | Location of Amount Reclassified from AOCL
Defined benefit pension plans and other post-employment benefit plans: |  |  |  |  |  |  |  |
Settlements |  | $ | 0.9 |  |  | $ | (0.2) |  |  | $ | — |  |  |
Amortization of net prior service credit |  | — |  |  | 0.1 |  |  | — |  |  |
Amortization of net actuarial loss |  | (5.4) |  |  | (4.7) |  |  | (5.2) |  |  |
Total pre-tax amount |  | (4.5) |  |  | (4.8) |  |  | (5.2) |  |  | Other expense, net
Tax benefit |  | 1.0 |  |  | 1.1 |  |  | 1.3 |  |  |
Net of tax |  | (3.5) |  |  | (3.7) |  |  | (3.9) |  |  |
Net gains on cash flow hedging derivatives:(1) |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | 0.3 |  |  | 4.2 |  |  | 10.9 |  |  | Cost of sales
Treasury locks |  | 0.1 |  |  | 0.1 |  |  | 0.1 |  |  | Interest expense, net
Total pre-tax amount |  | 0.4 |  |  | 4.3 |  |  | 11.0 |  |  |
Tax expense |  | (0.1) |  |  | (1.3) |  |  | (2.7) |  |  |
Net of tax |  | 0.3 |  |  | 3.0 |  |  | 8.3 |  |  |
Total reclassifications for the period |  | $ | (3.2) |  |  | $ | (0.7) |  |  | $ | 4.4 |  |  |
(1)These accumulated other comprehensive components are included in our derivative and hedging activities. See Note 16, “Derivatives and Hedging Activities,” for additional details.

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