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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:

 

 

September 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Foreign currency translation

 

$

(255.4

)

 

$

(261.2

)

Translation loss on long-term intercompany loans, net of income taxes of $19.2 and $19.1, respectively

 

 

(133.8

)

 

 

(133.6

)

Loss on derivative instruments, net of income tax benefit of $(24.2) and $(22.7), respectively

 

 

(45.1

)

 

 

(37.6

)

Gain on interest rate swap, net of income taxes of $0.3 on both dates

 

 

0.8

 

 

 

1.1

 

Defined benefit pension plans, net of income tax benefit of $(22.6) and $(23.0), respectively

 

 

(37.2

)

 

 

(36.0

)

Retiree health care plan, net of income taxes of $1.9 and $2.0, respectively

 

 

0.8

 

 

 

1.3

 

Accumulated other comprehensive loss

 

$

(469.9

)

 

$

(466.0

)