XML 39 R29.htm IDEA: XBRL DOCUMENT
v3.23.2

Accumulated Other Comprehensive Loss (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Equity [Abstract] |
Schedule of Components of Accumulated Other Comprehensive Loss | The components of accumulated other comprehensive loss as of June 30, 2023 and December 31, 2022 were as follows:
(In millions) |  | Unrecognized Net Defined Benefit and Postretirement Plan Costs |  |  | Change in Fair Value of Derivatives Products (1) |  |  | Foreign Currency Translation |  |  | Total |
Balance at December 31, 2022 |  | $ | (49.1 | ) |  | $ | (15.4 | ) |  | $ | (109.9 | ) |  | $ | (174.4 | )
Other comprehensive (loss) income before reclassifications |  |  | (1.8 | ) |  |  | 7.8 |  |  |  | 18.1 |  |  |  | 24.1 |
Amounts reclassified from accumulated other comprehensive loss |  |  | 0.8 |  |  |  | 4.3 |  |  | — |  |  |  | 5.1 |
Other comprehensive (loss) income |  |  | (1.0 | ) |  |  | 12.1 |  |  |  | 18.1 |  |  |  | 29.2 |
Balance at June 30, 2023 |  | $ | (50.1 | ) |  | $ | (3.3 | ) |  | $ | (91.8 | ) |  | $ | (145.2 | )
(1) Includes forward foreign exchange contracts, interest rate derivatives and commodity swaps.
Schedule of unrecognized net defined benefit and postretirement plan costs | The amount of net (gains) losses reclassified to earnings from the unrecognized net defined benefit and postretirement plan costs and derivative products components of accumulated other comprehensive loss for the quarters and six months ended June 30, 2023 and 2022 were as follows:
|  | Quarter Ended June 30, 2023 |  |  | Quarter Ended June 30, 2022 |  |  | Six Months Ended June 30, 2023 |  |  | Six Months Ended June 30, 2022 |
(In millions) |  | Pre-tax (gain) loss |  |  | Net of tax (gain) loss |  |  | Pre-tax (gain) loss |  |  | Net of tax (gain) loss |  |  | Pre-tax (gain) loss |  |  | Net of tax (gain) loss |  |  | Pre-tax (gain) loss |  |  | Net of tax (gain) loss |
Defined Benefit and Postretirement Plan Costs |  | $ | 0.5 |  |  | $ | 0.4 |  |  | $ | 0.6 |  |  | $ | 0.5 |  |  | $ | 1.0 |  |  | $ | 0.8 |  |  | $ | 1.1 |  |  | $ | 0.8 |
Derivative Products |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward exchange contracts |  |  | 2.6 |  |  |  | 1.9 |  |  |  | 3.6 |  |  |  | 2.7 |  |  |  | 6.3 |  |  |  | 4.6 |  |  |  | 4.3 |  |  |  | 3.1 |
Commodity swaps |  |  | 1.8 |  |  |  | 1.4 |  |  |  | (0.3 | ) |  |  | (0.2 | ) |  |  | 2.7 |  |  |  | 2.1 |  |  |  | (1.1 | ) |  |  | (0.8 | )
Interest rate swaps |  |  | (1.1 | ) |  |  | (0.8 | ) |  |  | 2.5 |  |  |  | 1.9 |  |  |  | (3.2 | ) |  |  | (2.4 | ) |  |  | (5.0 | ) |  |  | (3.9 | )
Total Derivative Products |  | $ | 3.3 |  |  | $ | 2.5 |  |  | $ | 5.8 |  |  | $ | 4.4 |  |  | $ | 5.8 |  |  | $ | 4.3 |  |  | $ | (1.8 | ) |  | $ | (1.6 | )

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the costs related to the various types of retirement plans including defined benefit pension plan cost, defined contribution plan cost, other postretirement benefit plan cost, and net periodic benefit cost. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 + Details
Name: | us-gaap_ScheduleOfCostsOfRetirementPlansTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration