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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss Balances, Net of Tax

Accumulated other comprehensive loss balances, net of tax, consist of the following (in millions):

Foreign Currency Translation

 

Defined Benefit Obligation

 

Accumulated Other Comprehensive Loss

 

Balance, December 31, 2022

 

$

(549.0

)

 

$

(1.1

)

 

$

(550.1

)

Net current period other comprehensive income (loss)

 

 

108.2

 

 

 

 

 

 

108.2

 

Balance, June 30, 2023

 

$

(440.8

)

 

$

(1.1

)

 

$

(441.9

)

Schedule of Adjustments to Accumulated Other Comprehensive Loss

Adjustments to accumulated other comprehensive loss are as follows (in millions):

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2023

 

 

2022

 

2023

 

2022

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

 

Pretax

 

Tax Effect

 

Interest Rate Swap

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized (losses) gains on interest rate swaps

 

$

 

$

 

 

$

(0.3

)

 

$

(0.1

)

 

$

2.3

 

 

$

 

 

$

2.9

 

 

$

(0.5

)

Reclassification of losses (gains) into net earnings on interest rate swaps

 

 

 

 

 

 

 

0.7

 

 

 

 

 

 

(2.3

)

 

 

 

 

 

(0.9

)

 

 

 

Net change in cash flow hedges

 

 

 

 

 

 

 

0.4

 

 

 

(0.1

)

 

 

 

 

 

 

 

 

2.0

 

 

 

(0.5

)

Defined Benefit Pension

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized net (losses) gains on defined benefit pension plan

 

 

(0.1

)

 

 

 

 

 

 

 

 

 

 

 

(0.1

)

 

 

0.1

 

 

 

(0.3

)

 

 

(0.8

)

Foreign Currency Translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current period translation adjustments

 

 

69.3

 

 

(3.1

)

 

 

(246.8

)

 

 

11.7

 

 

 

113.6

 

 

 

(5.4

)

 

 

(276.5

)

 

 

13.1

 

Total other comprehensive income (loss)

 

$

69.2

 

$

(3.1

)

 

$

(246.4

)

 

$

11.6

 

 

$

113.5

 

 

$

(5.3

)

 

$

(274.8

)

 

$

11.8