XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.25.2

Other Comprehensive Earnings | 6 Months Ended
--- | ---
Jun. 30, 2025
Statement of Other Comprehensive Income [Abstract] |
Other Comprehensive Earnings | 9. Other Comprehensive Earnings The amounts recognized in other comprehensive earnings (loss) were as follows:
| Three Months Ended
| June 30, 2025 |  | June 30, 2024
(in millions) | Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax
Foreign currency translation | $ | 5.2 |  |  | $ | — |  |  | $ | 5.2 |  |  | $ | (3.2) |  |  | $ | — |  |  | $ | (3.2) |
Employee benefit plans | 0.2 |  |  | 0.1 |  |  | 0.3 |  |  | 0.2 |  |  | — |  |  | 0.2 |
Changes in fair value of cash flow hedges | 1.1 |  |  | — |  |  | 1.1 |  |  | (0.9) |  |  | (0.1) |  |  | (1.0) |
Total other comprehensive earnings (loss) | $ | 6.5 |  |  | $ | 0.1 |  |  | $ | 6.6 |  |  | $ | (3.9) |  |  | $ | (0.1) |  |  | $ | (4.0) |
| Six Months Ended
| June 30, 2025 |  | June 30, 2024
(in millions) | Pre-tax |  | Tax |  | Net of tax |  | Pre-tax |  | Tax |  | Net of tax
Foreign currency translation | $ | 6.1 |  |  | $ | — |  |  | $ | 6.1 |  |  | $ | (6.6) |  |  | $ | — |  |  | $ | (6.6) |
Employee benefit plans | 0.1 |  |  | 0.2 |  |  | 0.3 |  |  | 0.3 |  |  | — |  |  | 0.3 |
Changes in fair value of cash flow hedges | 2.9 |  |  | — |  |  | 2.9 |  |  | (1.5) |  |  | 0.2 |  |  | (1.3) |
Total other comprehensive earnings (loss) | $ | 9.1 |  |  | $ | 0.2 |  |  | $ | 9.3 |  |  | $ | (7.8) |  |  | $ | 0.2 |  |  | $ | (7.6) |
The following tables summarize the changes in balances of each component of accumulated other comprehensive earnings (loss), net of tax during the six months ended June 30, 2025 and 2024:
(in millions) | Cash flow hedges |  | Employee benefit plans |  | Cumulative foreign currency translation adjustments |  |  |  |  |  | Total
Balance at December 31, 2024 | $ | (2.1) |  |  | $ | (16.9) |  |  | $ | (119.1) |  |  |  |  |  |  | $ | (138.1) |
Other comprehensive earnings, net of tax | 2.9 |  |  | 0.3 |  |  | 6.1 |  |  |  |  |  |  | 9.3 |
Balance at June 30, 2025 | $ | 0.8 |  |  | $ | (16.6) |  |  | $ | (113.0) |  |  |  |  |  |  | $ | (128.8) |
(in millions) | Cash flow hedges |  | Employee benefit plans |  | Cumulative foreign currency translation adjustments |  |  |  | Total
Balance at December 31, 2023 | $ | (0.7) |  |  | $ | (16.2) |  |  | $ | (112.9) |  |  |  |  | $ | (129.8) |
Other comprehensive (loss) earnings, net of tax | (1.3) |  |  | 0.3 |  |  | (6.6) |  |  |  |  | (7.6) |
Balance at June 30, 2024 | $ | (2.0) |  |  | $ | (15.9) |  |  | $ | (119.5) |  |  |  |  | $ | (137.4) |
The following tables summarize the amounts reclassified from accumulated other comprehensive loss to earnings:
|  | Three Months Ended June 30,
(in millions) | Statement of Earnings Line | 2025 |  | 2024
Pension and post-retirement benefit plans: |  |  |
Amortization or settlement of actuarial losses and prior service costs | Other expense (income), net | $ | 0.2 |  |  | $ | 0.2 |
Tax | Provision for income taxes | 0.1 |  |  | — |
Net of tax |  | $ | 0.3 |  |  | $ | 0.2 |
Cash flow hedges: |  |  |
Net losses reclassified into earnings | Cost of goods sold | $ | (0.5) |  |  | $ | 0.4 |
Tax | Provision for income taxes | 0.1 |  |  | (0.1) |
Net of tax |  | $ | (0.4) |  |  | $ | 0.3 |
|  | Six Months Ended June 30,
(in millions) | Statement of Earnings Line | 2025 |  | 2024
Pension and post-retirement benefit plans: |  |  |
Amortization or settlement of actuarial losses and prior service costs | Other expense (income), net | $ | 0.1 |  |  | $ | 0.3 |
Tax | Provision for income taxes | 0.2 |  |  | — |
Net of tax |  | $ | 0.3 |  |  | $ | 0.3 |
Cash flow hedges: |  |  |
Net losses reclassified into earnings | Cost of goods sold | $ | 0.5 |  |  | $ | 1.6 |
Tax | Provision for income taxes | (0.1) |  |  | (0.3) |
Net of tax |  | $ | 0.4 |  |  | $ | 1.3 |

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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