Derivatives (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

We recorded the following amounts related to our cash flow hedges in AOCL (in millions):

	As of December 31,
	2023		2022
Unrealized losses, net on unsettled contracts	$	2.6	$	6.3
Income tax benefit	(0.6)		(1.4)
Unrealized losses included in AOCL, net of tax (1)	$	2.0	$	4.9

(1) Assuming commodity and foreign currency prices remain constant, we expect to reclassify $2.4 million of derivative losses into earnings within the next 12 months.