XML 135 R122.htm IDEA: XBRL DOCUMENT v3.22.4
PENSION AND OTHER POST-RETIREMENT BENEFIT PLANS - Changes in projected benefit obligations, fair value of plan assets (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Other Post-retirement Benefits      
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, beginning balance $ 8.4 $ 9.4  
Service cost 0.0 0.0 $ 0.0
Interest cost 0.3 0.3 0.4
Actuarial (gain) loss (1.5) (0.7)  
Settlements 0.0 0.0  
Foreign currency exchange rate changes (0.1) (0.2)  
Plan participants’ contributions 0.0 0.0  
Benefits paid (0.4) (0.4)  
Other 0.0 0.0  
Projected benefit obligation, ending balance 6.7 8.4 9.4
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Fair value of plan assets, beginning balance 0.0 0.0  
Actual return on plan assets 0.0 0.0  
Company contributions 0.0 0.0  
Foreign currency exchange rate changes 0.0 0.0  
Settlements 0.0 0.0  
Plan participants’ contributions 0.0 0.0  
Benefits paid 0.0 0.0  
Other 0.0 0.0  
Fair value of plan assets, ending balance 0.0 0.0 0.0
Funded status of the plans (liability) as of December 31 (6.7) (8.4)  
Amounts recognized in balance sheet      
Current portion of accrued pension and other post-retirement benefits (0.6) (0.6)  
Accrued pension and other post-retirement benefits, net of current portion (6.1) (7.8)  
Funded status as of December 31 (6.7) (8.4)  
Pre-tax amounts recognized in accumulated other comprehensive (income) loss      
Unrecognized actuarial loss (1.1) 0.4  
Unrecognized prior service cost 0.0 0.0  
Accumulated other comprehensive (income) loss as of December 31 (1.1) 0.4  
Plans with underfunded or non-funded projected benefit obligation      
Aggregate projected benefit obligation 6.7 8.4  
Aggregate fair value of plan assets 0.0 0.0  
Aggregate accumulated benefit obligation 0.0 0.0  
Aggregate fair value of plan assets 0.0 0.0  
U.S. | Pensions      
Pension and Other Postretirement Benefit Plans Disclosure [Line Items]      
Accumulated benefit obligation 465.1 653.6  
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, beginning balance 653.6 684.7  
Service cost 0.0 0.0 0.0
Interest cost 18.5 18.0 22.2
Actuarial (gain) loss (173.3) 7.1  
Settlements (1.5) (22.6)  
Foreign currency exchange rate changes 0.0 0.0  
Plan participants’ contributions 0.0 0.0  
Benefits paid (32.2) (33.6)  
Other 0.0 0.0  
Projected benefit obligation, ending balance 465.1 653.6 684.7
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Fair value of plan assets, beginning balance 517.5 483.7  
Actual return on plan assets (110.6) 61.1  
Company contributions 4.1 28.9  
Foreign currency exchange rate changes 0.0 0.0  
Settlements (1.5) (22.6)  
Plan participants’ contributions 0.0 0.0  
Benefits paid (32.2) (33.6)  
Other 0.0 0.0  
Fair value of plan assets, ending balance 377.3 517.5 483.7
Funded status of the plans (liability) as of December 31 (87.8) (136.1)  
Amounts recognized in balance sheet      
Current portion of accrued pension and other post-retirement benefits (0.5) (2.9)  
Accrued pension and other post-retirement benefits, net of current portion (87.3) (133.2)  
Funded status as of December 31 (87.8) (136.1)  
Pre-tax amounts recognized in accumulated other comprehensive (income) loss      
Unrecognized actuarial loss 116.3 156.6  
Unrecognized prior service cost 0.0 0.0  
Accumulated other comprehensive (income) loss as of December 31 116.3 156.6  
Plans with underfunded or non-funded projected benefit obligation      
Aggregate projected benefit obligation 464.3 652.2  
Aggregate fair value of plan assets 376.1 516.0  
Aggregate accumulated benefit obligation 464.3 652.2  
Aggregate fair value of plan assets 376.1 516.0  
International | Pensions      
Pension and Other Postretirement Benefit Plans Disclosure [Line Items]      
Accumulated benefit obligation 330.0 589.1  
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]      
Projected benefit obligation, beginning balance 601.6 656.4  
Service cost 4.1 10.0 10.4
Interest cost 10.4 9.8 11.3
Actuarial (gain) loss (197.8) (32.5)  
Settlements (1.0) 0.0  
Foreign currency exchange rate changes (55.5) (11.9)  
Plan participants’ contributions 0.0 0.9  
Benefits paid (21.6) (22.0)  
Other (0.5) (9.1)  
Projected benefit obligation, ending balance 339.7 601.6 656.4
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]      
Fair value of plan assets, beginning balance 627.5 591.5  
Actual return on plan assets (186.5) 46.4  
Company contributions 14.3 19.6  
Foreign currency exchange rate changes (61.6) (8.9)  
Settlements (1.1) 0.0  
Plan participants’ contributions 0.0 0.9  
Benefits paid (21.6) (22.0)  
Other 1.0 0.0  
Fair value of plan assets, ending balance 372.0 627.5 $ 591.5
Funded status of the plans (liability) as of December 31 32.3 25.9  
Amounts recognized in balance sheet      
Current portion of accrued pension and other post-retirement benefits (1.4) (1.7)  
Accrued pension and other post-retirement benefits, net of current portion 33.7 27.6  
Funded status as of December 31 32.3 25.9  
Pre-tax amounts recognized in accumulated other comprehensive (income) loss      
Unrecognized actuarial loss 26.5 15.9  
Unrecognized prior service cost 3.0 3.4  
Accumulated other comprehensive (income) loss as of December 31 29.5 19.3  
Plans with underfunded or non-funded projected benefit obligation      
Aggregate projected benefit obligation 42.0 57.9  
Aggregate fair value of plan assets 0.0 0.0  
Aggregate accumulated benefit obligation 33.9 46.7  
Aggregate fair value of plan assets $ 0.0 $ 0.0