Other Comprehensive Loss (Tables)

6 Months Ended

Jun. 30, 2024

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Components of other comprehensive (loss) earnings

The amounts recognized in other comprehensive loss were as follows::

	Three Months Ended
	June 30, 2024						June 30, 2023
(in millions)	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation	$	(3.2)	$	—	$	(3.2)	$	(13.3)	$	—	$	(13.3)
Employee benefit plans	0.2		—		0.2		0.1		0.1		0.2
Changes in fair value of cash flow hedges	(0.9)		(0.1)		(1.0)		(4.0)		0.4		(3.6)
Total other comprehensive loss	$	(3.9)	$	(0.1)	$	(4.0)	$	(17.2)	$	0.5	$	(16.7)
	Six Months Ended
	June 30, 2024						June 30, 2023
(in millions)	Pre-tax		Tax		Net of tax		Pre-tax		Tax		Net of tax
Foreign currency translation	$	(6.6)	$	—	$	(6.6)	$	(9.7)	$	—	$	(9.7)
Employee benefit plans	0.3		—		0.3		0.3		0.1		0.4
Changes in fair value of cash flow hedges	(1.5)		0.2		(1.3)		(4.1)		0.7		(3.4)
Total other comprehensive loss	$	(7.8)	$	0.2	$	(7.6)	$	(13.5)	$	0.8	$	(12.7)

Schedule of (Loss) Earnings

The following tables summarize the changes in balances of each component of accumulated other comprehensive loss, net of tax during the six months ended June 30, 2024 and 2023:

(in millions)	Cash flow hedges		Employee benefit plans		Cumulative foreign currency translation adjustments		Total
Balance at December 31, 2023	$	(0.7)	$	(16.2)	$	(112.9)	$	(129.8)
Other comprehensive (loss) earnings, net of tax	(1.3)		0.3		(6.6)		(7.6)
Balance at June 30, 2024	$	(2.0)	$	(15.9)	$	(119.5)	$	(137.4)

(in millions)	Cash flow hedges		Employee benefit plans		Cumulative foreign currency translation adjustments		Total
Balance at December 31, 2022	$	1.0	$	(16.3)	$	(106.8)	$	(122.1)
Other comprehensive (loss) earnings, net of tax	(3.4)		0.4		(9.7)		(12.7)
Balance at June 30, 2023	$	(2.4)	$	(15.9)	$	(116.5)	$	(134.8)

The following tables summarize the amounts reclassified from accumulated other comprehensive loss to earnings:

		Three Months Ended June 30,
(in millions)	Statement of Earnings Line	2024		2023
Pension and post-retirement benefit plans:
Amortization or settlement of actuarial losses and prior service costs	Other expense (income), net	$	0.2	$	0.1
Tax	Provision for income taxes	—		0.1
Net of tax		$	0.2	$	0.2
Cash flow hedges:
Net losses reclassified into earnings	Cost of goods sold	$	0.4	$	0.5
Tax	Provision for income taxes	(0.1)		(0.1)
Net of tax		$	0.3	$	0.4
		Six Months Ended June 30,
(in millions)	Statement of Earnings Line	2024		2023
Pension and post-retirement benefit plans:
Amortization or settlement of actuarial losses and prior service costs	Other expense (income), net	$	0.3	$	0.3
Tax	Provision for income taxes	—		0.1
Net of tax		$	0.3	$	0.4
Cash flow hedges:
Net losses reclassified into earnings	Cost of goods sold	$	1.6	$	0.6
Tax	Provision for income taxes	(0.3)		(0.1)
Net of tax		$	1.3	$	0.5