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Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2025

Retirement Benefits [Abstract]

Summary of Pension Obligations And Funded Status

A summary of our pension obligations and funded status as of December 31 is as follows:

			2025						2024						2023
Change in benefit obligation
Benefit obligation, beginning of period			$	178.5					$	194.6					$	191.2
Service cost			2.7						2.8						3.4
Interest cost			8.7						9.1						9.2
Plan participants’ contributions			.5						.4						.4
Actuarial loss (gain) 1			.9						(10.3)						4.8
Benefits paid			(13.6)						(16.0)						(15.8)
Plan amendments			—						.1						—
Curtailments and settlements			(110.7)						(.7)						—
Foreign currency exchange rate changes			1.9						(1.3)						1.4
Other			(.3)						(.2)						—
Benefit obligation, end of period			$	68.6					$	178.5					$	194.6
Change in plan assets
Fair value of plan assets, beginning of period			$	178.9					$	187.8					$	175.8
Actual return on plan assets			13.4						7.3						20.9
Employer contributions			6.5						1.0						5.0
Plan participants’ contributions			.5						.4						.4
Benefits paid			(13.6)						(16.0)						(15.8)
Settlements			(110.6)						(.2)						—
Foreign currency exchange rate changes			2.0						(1.2)						1.5
Other			(.4)						(.2)						—
Fair value of plan assets, end of period			$	76.7					$	178.9					$	187.8
Net funded status			$	8.1					$	.4					$	(6.8)
Funded status recognized in the Consolidated Balance Sheets
Other noncurrent assets			$	11.6					$	7.3					$	4.7
Other current liabilities			(1.0)						(.3)						(.3)
Other long-term liabilities			(2.5)						(6.6)						(11.2)
Net funded status			$	8.1					$	.4					$	(6.8)

1 Year-over-year fluctuations in "Actuarial loss (gain)" are primarily driven by changes in the weighted average discount rate assumptions.

Schedule of Accumulated Other Comprehensive Income

Amounts and activity included in “Accumulated other comprehensive loss” in the Consolidated Balance Sheets associated with pensions are reflected below:

			December 31, 2024						2025 Amortization						Net Actuarial Loss						Foreign Currency Exchange Rates Change						Income Tax Change												December 31, 2025
Gross accumulated other comprehensive income (loss) 1			$	(12.0)					$	22.2					$	3.6					$	(.2)					$	(5.8)											$	7.8
Deferred income taxes			4.8						—						—						—						(6.3)												(1.5)
Accumulated other comprehensive income (loss) (net of tax)			$	(7.2)					$	22.2					$	3.6					$	(.2)					$	(12.1)											$	6.3

1 The amortization includes a $22.0 pension settlement. See Note O for the associated income tax impact.

Schedule of Components of Net Pension Expense (Income)

Components of net pension expense (income) for the years ended December 31 were as follows:

			2025						2024						2023
Service cost			$	2.7					$	2.8					$	3.4
Interest cost			8.7						9.1						9.2
Expected return on plan assets			(8.9)						(11.5)						(10.9)
Recognized net actuarial loss			.2						1.1						1.3
Curtailments and settlements			22.0						.7						—
Net pension expense			$	24.7					$	2.2					$	3.0
Weighted average assumptions for pension costs:
Discount rate			5.3		%				4.8		%				5.0		%
Rate of compensation increase			3.1		%				3.4		%				3.4		%
Expected return on plan assets			5.5		%				6.4		%				6.4		%
Weighted average assumptions for benefit obligation:
Discount rate			5.2		%				5.3		%				4.8		%
Rate of compensation increase			3.1		%				3.1		%				3.4		%

Schedule of Fair Value of Pension Plan Assets

			Year Ended December 31, 2025																														Year Ended December 31, 2024
			Level 1						Level 2						Level 3 1						Assets Measured at NAV 2						Total						Level 1						Level 2						Level 3 1						Assets Measured at NAV 2						Total
Mutual and pooled funds
Fixed income			$	15.4					$	12.4					$	—					$	—					$	27.8					$	102.9					$	11.6					$	—					$	—					$	114.5
Equities			39.2						1.4						—						—						40.6						35.9						1.5						—						—						37.4
Money market funds, cash and other			—						—						6.3						2.0						8.3						—						—						6.3						20.7						27.0
Total investments at fair value			$	54.6					$	13.8					$	6.3					$	2.0					$	76.7					$	138.8					$	13.1					$	6.3					$	20.7					$	178.9

1 We entered into a buy-in arrangement during 2023 for one of our frozen international plans. The bulk purchase annuity policy assets from this transaction are classified as level 3 in the fair value hierarchy.

2 Certain investments that are measured at fair value using the net asset value (NAV) per share (or its equivalent) practical expedient have not been classified in the fair value hierarchy.

Schedule of Estimated Benefit Payments

Estimated benefit payments expected over the next 10 years are as follows:

2026			$	5.3
2027			4.9
2028			5.0
2029			5.2
2030			5.2
2031-2035			25.8

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