v3.26.1
Reclassifications out of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $ (163.5) $ (163.9) $ (157.7) $ (157.5) $ (163.5) $ (157.7) $ (164.3) $ (157.2)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax (103.4) (96.4) (138.9) (163.7) (103.4) (138.9) (109.8) (187.0)
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax 19.9 14.6 3.0 (5.8) 19.9 3.0 8.0 (8.0)
Other comprehensive income (loss) arising during period, total 10.5   17.9   48.3 26.8    
Other Comprehensive Income (Loss) before Reclassifications, Tax (3.6)   1.4   (8.7) 3.1    
Other comprehensive income (loss), reclassification before tax (10.4)   18.2   (26.1) 35.3    
Reclassification from AOCI, Current Period, Tax 2.2   (4.1)   5.6 (6.6)    
Defined benefit plans, net current period other comprehensive income (loss) [1] 0.4   (0.2)   0.8 (0.5)    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (7.0)   24.8   6.4 48.1    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax [2] 5.3   8.8   11.9 11.0    
Other comprehensive income (loss) (1.3)   33.4   19.1 58.6    
Total stockholders' equity 1,509.7       1,509.7   640.0  
Cost of goods sold                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax (4.0)   1.9   (6.5) 6.0    
Interest Expense, Operating and Nonoperating                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax 0.1   (0.4)   0.4 (1.4)    
Other Income (Expense), net                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, after Tax (6.9)   17.0   (20.7) 25.0    
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, before Tax 0.0   0.0   0.0 0.0    
Income tax effect of other comprehensive income (loss) before reclassifications 0.0   0.0   0.0 0.0    
Defined benefit plans, amounts reclassified from accumulated other comprehensive income (loss) 0.4 [3]   (0.3) [3]   0.7 [4] (0.7) [4]    
Income taxes reclassified into net income 0.0   0.1   0.1 0.2    
Defined benefit plans, net current period other comprehensive income (loss) 0.4   (0.2)   0.8 (0.5)    
Accumulated Foreign Currency Adjustment Attributable to Parent                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Foreign currency translation adjustments, other comprehensive income (loss) arising during period (7.0)   24.8   6.4 41.7    
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax 0.0   0.0   0.0 0.0    
Foreign currency translation adjustments, amounts reclassified from accumulated other comprehensive income (loss) 0.0   0.0   0.0 6.4 [5]    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Reclassification Adjustment from AOCI, Realized upon Sale or Liquidation, Tax 0.0   0.0   0.0 0.0    
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (7.0)   24.8   6.4 48.1    
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax 17.5   (6.9)   41.9 (14.9)    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification, Tax (3.6)   1.4   (8.7) 3.1    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax (10.8) [6]   18.5 [6]   (26.8) [7] 29.6 [7]    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, Tax 2.2   (4.2)   5.5 (6.8)    
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax 5.3   8.8   11.9 11.0    
AOCI Attributable to Parent                
AOCI Attributable to Parent, Net of Tax [Roll Forward]                
Defined benefit plans, net current period other comprehensive income (loss) 0.4 0.4 (0.2) (0.3)        
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (7.0) 13.4 24.8 23.3        
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax 5.3 6.6 8.8 2.2        
Total stockholders' equity $ (247.0) $ (245.7) $ (293.6) $ (327.0) $ (247.0) $ (293.6) $ (266.1) $ (352.2)
[1]
Amounts are net of tax of $— million and $0.1 million for the three and six months ended June 30, 2026 and $0.1 million and $0.2 million for the three and six months ended June 30, 2025.
[2]
Amounts are net of tax of $(1.4) million and $(3.2) million for the three and six months ended June 30, 2026 and $(2.8) million and $(3.7) million for the three and six months ended June 30, 2025.
[3]
These amounts were reclassified from AOCI to Other income (expense), net for the three months ended June 30, 2026 and June 30, 2025.
[4]
These amounts were reclassified from AOCI to Other income (expense), net for the six months ended June 30, 2026 and June 30, 2025.
[5]
The amount reclassified from AOCI for the six months ended June 30, 2025 reflects our 50% share of the cumulative translation adjustment associated with the two Chinese joint ventures that we exited in the first quarter of 2025. This amount was reclassified to Other income (expense), net. See Note 2 - Acquisitions and Dispositions for further details.
[6]
The amounts reclassified from AOCI included $(4.0) million in cost of goods sold (COGS), $0.1 million in interest expense and $(6.9) million in Other income (expense), net for the three months ended June 30, 2026 and $1.9 million in COGS, $(0.4) million in interest expense and $17.0 million in Other income (expense), net for the three months ended June 30, 2025.
[7]
The amounts reclassified from AOCI included $(6.5) million in COGS, $0.4 million in interest expense and $(20.7) million in Other income (expense), net for the six months ended June 30, 2026 and $6.0 million in COGS, $(1.4) million in interest expense and $25.0 million in Other income (expense), net for the six months ended June 30, 2025.