June 30,

December 31,

2025

2024

Foreign currency translation

$

(196.4

)

$

(342.2

)

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

(133.9

)

(133.2

)

(Loss) gain on derivative instruments, net of income tax benefit of $(44.9) and $(0.7), respectively

(113.5

)

39.0

Gain on interest rate swap, net of income taxes of $0.2 on both dates

0.6

0.8

Defined benefit pension plans, net of income tax benefit of $(20.6) on both dates

(8.9

)

(8.9

)

Retiree health care plan, net of income taxes of $2.0 and $2.1, respectively

1.2

1.5

Accumulated other comprehensive loss

$

(450.9

)

$

(443.0

)