v3.24.1.u1
Accumulated Other Comprehensive Loss (Tables)
 3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Details of Comprehensive Income (Loss)
The following table provides details of comprehensive income (loss) for the three months ended March 31, 2024 and 2023: 
(In millions)Unrecognized
Pension Items
Cumulative
Translation
Adjustment(1)
Unrecognized 
Losses on Derivative
Instruments for 
net investment
hedge		Unrecognized
(Losses) Gains
on Derivative
Instruments
for cash flow hedge		Accumulated Other
Comprehensive
Loss, Net of 
Taxes
Balance at December 31, 2023$(146.4)$(770.6)$(38.1)$(0.4)$(955.5)
Other comprehensive (loss) income before reclassifications(0.2)(40.4)8.4 1.3 (30.9)
Less: amounts reclassified from accumulated other comprehensive loss1.1 — — 0.1 1.2 
Net current period other comprehensive income (loss)0.9 (40.4)8.4 1.4 (29.7)
Balance at March 31, 2024$(145.5)$(811.0)$(29.7)$1.0 $(985.2)
Balance at December 31, 2022$(126.3)$(837.5)$(18.3)$3.3 $(978.8)
Other comprehensive income (loss) before reclassifications0.2 36.6 (5.5)(1.9)29.4 
Less: amounts reclassified from accumulated other comprehensive loss1.1 — — (0.9)0.2 
Net current period other comprehensive income (loss)1.3 36.6 (5.5)(2.8)29.6 
Balance at March 31, 2023$(125.0)$(800.9)$(23.8)$0.5 $(949.2)
(1)Includes gains and losses on intra-entity foreign currency transactions. The intra-entity currency translation adjustment was $8.8 million and $7.9 million for the three months ended March 31, 2024 and 2023, respectively.
Detail of Amounts Reclassified from AOCL
The following table provides detail of amounts reclassified from AOCL:
Three Months Ended
March 31,
(In millions)20242023Location of Amount
Reclassified from AOCL
Defined benefit pension plans and other post-employment benefits:
   
Net settlement cost$— $(0.2)
Actuarial losses(1.4)(1.2)
Total pre-tax amount(1.4)(1.4)Other expense, net
Tax benefit0.3 0.3 
Net of tax(1.1)(1.1)
Net gains on cash flow hedging derivatives:(1)
Foreign currency forward contracts(0.2)1.1 Cost of sales
Total pre-tax amount(0.2)1.1 
Tax benefit (expense)0.1 (0.2)
Net of tax(0.1)0.9  
Total reclassifications for the period$(1.2)$(0.2) 
(1)These accumulated other comprehensive components are included in our derivative and hedging activities. See Note 14, “Derivatives and Hedging Activities,” for additional details.