Other Expense (Income) - Schedule of Other (Income) Expense (Details) - USD ($) $ in Millions |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
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Other Income and Expenses [Abstract] | |||
Severance and post-employment benefits | $ 8.7 | $ 0.6 | $ 4.6 |
Asset-related charges | 15.3 | 0.0 | 0.0 |
Other charges | (0.2) | 1.6 | 0.0 |
Total restructuring and related charges | 23.8 | 2.2 | 4.6 |
Fixed asset impairments and sale of equipment, net | 2.7 | 1.3 | 7.7 |
(Gain) loss on oil hedges | (1.5) | (1.7) | 0.2 |
Contingent consideration | 3.0 | 1.5 | 1.2 |
Foreign exchange transaction gains | (4.1) | (1.4) | (1.5) |
Cost investment activity | 3.5 | 4.3 | 2.5 |
Other items | (0.6) | 1.7 | (2.7) |
Total other expense | $ 26.8 | $ 7.9 | $ 12.0 |
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in the value of a contingent consideration liability, including, but not limited to, differences arising upon settlement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before tax of foreign currency transaction realized and unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized and unrealized gain (loss) on investment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The charge against earnings resulting from the write down of long lived assets other than goodwill due to the difference between the carrying value and lower fair value. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition Amount of other expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses associated with a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Discloses the amount charged against the accrued restructuring reserves, or earnings if not previously accrued, during the period for the specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses for special or contractual termination benefits provided to current employees involuntarily terminated under a benefit arrangement associated exit or disposal activities pursuant to an authorized plan. Excludes expenses related to one-time termination benefits, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The total amount of other income and expense items that are associated with the entity's normal revenue producing operation. No definition available.
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