Accumulated Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2024

Changes in the AOCI balances for the three months ended September 30, 2024 and 2023 by component are shown in the following tables:


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation		Total (1)
Beginning balance, June 30, 2024	$	(131.1)	$	6.6	$	(93.3)	$	(217.8)
Other comprehensive income (loss) before reclassification	—		(0.7)		28.8		28.1
Amounts reclassified from accumulated other comprehensive income	1.0		(2.1)		—		(1.1)
Ending balance, September 30, 2024	$	(130.1)	$	3.8	$	(64.5)	$	(190.8)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended September 30, 2024 were $1.3 million of charges to pension expense, other than service cost, net of $0.3 million in benefit for income taxes. Reclassification adjustments for derivatives designated as hedges for the same period were $2.8 million of benefit in interest expense, net of $0.7 million income tax provision.


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation (1)		Total (1)
Beginning balance, June 30, 2023	$	(129.0)	$	13.5	$	(84.2)	$	(199.7)
Other comprehensive income (loss) before reclassification	—		1.1		(14.6)		(13.5)
Amounts reclassified from accumulated other comprehensive income	0.9		(2.2)		(0.1)		(1.4)
Ending balance, September 30, 2023	$	(128.1)	$	12.4	$	(98.9)	$	(214.6)

(1) All amounts are net of income taxes.

Reclassification adjustments from AOCI into earnings for pension and other postretirement benefit plans for the three months ended September 30, 2023 were $1.3 million of charges to pension expense, other than service cost, net of $0.4 million income tax benefit. Reclassification adjustments for derivatives designated as hedges for the same period were $2.9 million of benefit in interest expense, net of $0.7 million income tax provision. Reclassification adjustments for foreign currency translation related to net investment hedges for the three months ended September 30, 2023 were immaterial.

Changes in the AOCI balances for the nine months ended September 30, 2024 and 2023 by component are shown in the following tables:


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation		Total (1)
Beginning balance, December 31, 2023	$	(132.7)	$	9.2	$	(72.3)	$	(195.8)
Other comprehensive income before reclassification	(0.4)		1.0		7.8		8.4
Amounts reclassified from accumulated other comprehensive income	3.0		(6.4)		—		(3.4)
Ending balance, September 30, 2024	$	(130.1)	$	3.8	$	(64.5)	$	(190.8)

(1) All amounts are net of income taxes.


(In millions)	Pension and Other Postretirement Benefits (1)		Derivatives Designated as Hedges (1)		Foreign Currency Translation (1)		Total (1)
Beginning balance, December 31, 2022	$	(130.9)	$	14.8	$	(88.2)	$	(204.3)
Other comprehensive income before reclassification	—		3.5		(9.6)		(6.1)
Amounts reclassified from accumulated other comprehensive income	2.8		(5.9)		(1.1)		(4.2)
Ending balance, September 30, 2023	$	(128.1)	$	12.4	$	(98.9)	$	(214.6)

(1) All amounts are net of income taxes.