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Stockholders' equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive loss is as follows:

						Total						Translation Adjustments						Pension and Postretirement Plans
Balance at December 31, 2021						$	(3,264.1)					$	(866.2)					$	(2,397.9)
Other comprehensive income (loss) before reclassifications						38.0						(114.1)						152.1
Amounts reclassified from accumulated other comprehensive loss						150.1						2.9						147.2
Current period other comprehensive income (loss)						188.1						(111.2)						299.3
Balance at December 31, 2022						(3,076.0)						(977.4)						(2,098.6)
Other comprehensive (loss) income before reclassifications						(142.8)						68.3						(211.1)
Amounts reclassified from accumulated other comprehensive loss						418.5						(3.7)						422.2
Current period other comprehensive income						275.7						64.6						211.1
Balance at December 31, 2023						(2,800.3)						(912.8)						(1,887.5)
Other comprehensive loss before reclassifications						(165.0)						(74.5)						(90.5)
Amounts reclassified from accumulated other comprehensive loss						208.1						2.6						205.5
Current period other comprehensive income (loss)						43.1						(71.9)						115.0
Balance at December 31, 2024						$	(2,757.2)					$	(984.7)					$	(1,772.5)

Schedule of Amounts Reclassified Out of Accumulated Other Comprehensive Income (Loss)

Amounts reclassified out of accumulated other comprehensive loss are as follows:

Year ended December 31,						2024						2023						2022
Translation adjustments:
Adjustment for substantial completion of liquidation of foreign subsidiaries(i)						$	2.6					$	(3.7)					$	2.9
Pension and postretirement plans(ii):
Amortization of prior service credit						(5.4)						(5.4)						(5.8)
Amortization of actuarial losses						84.3						80.5						159.0
Settlement losses						130.6						348.9						—
Total before tax						212.1						420.3						156.1
Income tax						(4.0)						(1.8)						(6.0)
Total reclassifications for the period						$	208.1					$	418.5					$	150.1

(i) Reported in other (expense), net in the consolidated statements of income (loss).

(ii) Included in net periodic pension and postretirement cost (see Note 17, “Employee plans”).

Schedule of Changes in Common Stock and Treasury Stock

The following table summarizes the changes in shares of common stock and treasury stock:

						Common Stock						Treasury Stock
Balance at December 31, 2021						72.5						5.3
Stock-based compensation						0.8						0.2
Balance at December 31, 2022						73.3						5.5
Stock-based compensation						0.7						0.1
Balance at December 31, 2023						74.0						5.6
Stock-based compensation						1.6						0.4
Balance at December 31, 2024						75.6						6.0

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