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Components of Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated balances for each component of AOCI

Components of AOCL:						September 30, 2023						December 31, 2022
Defined benefit plan liabilities						$	(92.9)					$	(98.0)
Unrealized gain on financial instruments						1.7						1.7
Other comprehensive loss before income tax effect						(91.2)						(96.3)
Income tax effect(1)						2.2						2.3
Accumulated other comprehensive loss						$	(89.0)					$	(94.0)

(1)The allocation of the income tax effect to the components of other comprehensive loss is as follows:

						September 30, 2023						December 31, 2022
Defined benefit plan liabilities						$	2.6					$	2.6
Unrealized gain on financial instruments						(0.4)						(0.3)

The following table summarizes the changes in the accumulated balances for each component of AOCL:

			Defined benefit plan and other postretirement liabilities						Unrealized gain on financial instruments						Total, net of tax
Balance, June 30, 2023			$	(92.2)					$	1.5					$	(90.7)
Net amount reclassified to net loss			1.7						0.0						1.7
Balance, September 30, 2023			$	(90.5)					$	1.5					$	(89.0)
Balance, June 30, 2022			$	(82.6)					$	1.7					$	(80.9)
Net amount reclassified to net income			(7.3)						0.0						(7.3)
Balance, September 30, 2022			$	(89.9)					$	1.7					$	(88.2)
Balance, January 1, 2023			$	(95.6)					$	1.6					$	(94.0)
Net amount reclassified to net loss			5.1						(0.1)						5.0
Balance, September 30, 2023			$	(90.5)					$	1.5					$	(89.0)
Balance, January 1, 2022			$	(84.0)					$	1.7					$	(82.3)
Net amount reclassified to net income			(5.9)						0.0						(5.9)
Balance, September 30, 2022			$	(89.9)					$	1.7					$	(88.2)

Reclassification out of AOCI

Reclassifications out of AOCL were included in the consolidated statements of operations as follows:

												Three months ended September 30,												Nine months ended September 30,
AOCL Components						Location						2023						2022						2023						2022
Defined benefit plan and other postretirement liabilities						Cost of goods sold						$	1.1					$	0.4					$	3.3					$	1.3
						Other income (expense) - net						—						(8.0)						—						(8.0)
						Selling, general and administrative expenses						0.1						0.2						0.4						0.5
						Other operating expense - net						0.5						0.2						1.4						0.7
						Income tax effect						—						(0.1)						—						(0.3)
						Net of tax						$	1.7					$	(7.3)					$	5.1					$	(5.8)
Unrealized gain (loss) on financial instruments						Cost of goods sold						$	0.0					$	0.0					$	(0.1)					$	(0.1)
						Income tax effect						0.0						0.0						0.0						0.0
						Net of tax						$	0.0					$	0.0					$	(0.1)					$	(0.1)

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Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss).

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

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