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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Financial Instruments At Fair Value | The following table presents assets and liabilities representing the fair value of our most significant derivative financial instruments. The fair values of the derivatives reflect the change in the market value of the derivative from the date of the trade execution and do not consider the offsetting underlying hedged item.
|  | Expiring at various dates through: |  | Total USD Equivalent Notional Amount |  | As of December 31, 2024
Derivatives |  |  | Assets |  | Liabilities
| Other Current Assets |  | Sundry |  | Other Current Liabilities |  | Other Long-Term Liabilities
Designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |
Total cash flow hedges-currency hedges |  | Jun 2026 |  | $ | 254.0 |  |  | $ | 3.1 |  |  | $ | .3 |  |  | $ | 5.8 |  |  | $ | .3 |
Total fair value hedges |  | Jun 2025 |  | 19.0 |  |  | .1 |  |  | — |  |  | .1 |  |  | — |
Not designated as hedging instruments |  | Dec 2025 |  | 166.5 |  |  | 1.6 |  |  | — |  |  | .8 |  |  | — |
Total derivatives |  |  |  |  |  | $ | 4.8 |  |  | $ | .3 |  |  | $ | 6.7 |  |  | $ | .3 |
|  | Expiring at various dates through: |  | Total USD Equivalent Notional Amount |  | As of December 31, 2023
Derivatives |  |  | Assets |  | Liabilities
|  | Other Current Assets |  | Sundry |  | Other Current Liabilities |  | Other Long-Term Liabilities
Designated as hedging instruments |  |  |  |  |  |  |  |  |  |  |  |
Total cash flow hedges-currency hedges |  | Jun 2025 |  | $ | 298.2 |  |  | $ | 5.3 |  |  | $ | .5 |  |  | $ | 2.4 |  |  | $ | .2 |
Total fair value hedges |  | Mar 2024 |  | 21.7 |  |  | .3 |  |  | — |  |  | — |  |  | — |
Not designated as hedging instruments |  | Dec 2024 |  | 87.9 |  |  | .1 |  |  | — |  |  | .9 |  |  | — |
Total derivatives |  |  |  |  |  | $ | 5.7 |  |  | $ | .5 |  |  | $ | 3.3 |  |  | $ | .2 |
Schedule of Loss (Gain) Of Hedging Activities Recorded In Income | The following table sets forth the pretax (gains) losses for our hedging activities for the years presented. This schedule includes reclassifications from accumulated other comprehensive income as well as derivative settlements recorded directly to income or expense.
|  | Income Statement Caption |  | Amount of Loss (Gain) Recorded in Income for the Year Ended December 31,
Derivatives |  | 2024 |  | 2023 |  | 2022
Designated as hedging instruments |  |  |  |  |  |  |  |
Interest rate cash flow hedges 1 |  | Interest expense |  | $ | (.3) |  |  | $ | (.3) |  |  | $ | 2.3 |
Currency cash flow hedges |  | Net trade sales |  | 1.6 |  |  | 3.7 |  |  | .5 |
Currency cash flow hedges |  | Cost of goods sold |  | (1.7) |  |  | (2.5) |  |  | (2.8) |
Total cash flow hedges |  |  |  | (.4) |  |  | .9 |  |  | — |
Fair value hedges |  | Other expense (income), net |  | .5 |  |  | .9 |  |  | 3.5 |
Not designated as hedging instruments |  | Other expense (income), net |  | (5.7) |  |  | 3.9 |  |  | (1.3) |
Total derivative instruments |  |  |  | $ | (5.6) |  |  | $ | 5.7 |  |  | $ | 2.2 |
1 In the third quarter of 2022, we completed amortization of the $43.0 loss on our $200.0 forward starting interest rate swap that was related to our 2012 $300.0 Senior Notes; the 2012 issuance matured and was fully paid in the third quarter of 2022.

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
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