Derivatives (Tables)

3 Months Ended

Mar. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Amounts related to cash flow hedges

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

	March 31, 2024		December 31, 2023
Unrealized losses (gains), net on unsettled contracts	$	(0.4)	$	2.6
Income tax (benefit) expense	0.1		(0.6)
Unrealized losses (gains), net included in AOCL, net of tax (1)	$	(0.3)	$	2.0

(1) Assuming commodity prices and foreign currency exchange rates remain constant, we expect to reclassify $0.2 million of derivative gain as of March 31, 2024 into earnings within the next 12 months.