Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

8. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following table represents amounts reclassified from accumulated other comprehensive loss for the three months ended September 30, 2023 and 2022:

	Three Months Ended ‎September 30, 2023		Three Months Ended ‎September 30, 2022
	Amortization of Pension ‎and Other ‎Postretirement Benefits Items		Amortization of Pension ‎and Other ‎Postretirement Benefits Items
	Actuarial ‎Losses ‎Recognized		Actuarial ‎Losses ‎Recognized
Affected Line in Condensed Consolidated Statement of Income:
Non-operating expenses(A)	$	0.3	$	21.7
Tax benefit		—		(5.6)
Total reclassifications for the period, net of tax	$	0.3	$	16.1

^(A) A settlement charge of $15.9 million is included in 2022 non-operating expenses.

The following table represents amounts reclassified from accumulated other comprehensive loss for the nine months ended September 30, 2023 and 2022:

	Nine Months Ended ‎September 30, 2023		Nine Months Ended ‎September 30, 2022
	Amortization of Pension ‎and Other ‎Postretirement Benefits Items		Amortization of Pension ‎and Other ‎Postretirement Benefits Items
	Actuarial ‎Losses ‎Recognized		Actuarial ‎Losses ‎Recognized
Affected Line in Condensed Consolidated Statement of Income:
Non-operating expenses(B)	$	0.9	$	33.4
Tax benefit		(0.2)		(8.6)
Total reclassifications for the period, net of tax	$	0.7	$	24.8

^(B) A settlement charge of $15.9 million is included in 2022 non-operating expenses.

The following table represents the activity included in accumulated other comprehensive loss for the three months ended September 30, 2023 and 2022:

	Three Months Ended September 30, 2023						Three Months Ended September 30, 2022
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance July 1,	$	(11.0)	$	(137.8)	$	(148.8)	$	(7.3)	$	(166.8)	$	(174.1)
Other comprehensive loss before reclassifications		(4.1)		—		(4.1)		(9.4)		—		(9.4)
Amounts reclassified from accumulated other comprehensive income (net of tax $(—) and $(5.6))		—		0.3		0.3		—		16.1		16.1
Actuarial loss (net of tax of $— and $0.1)		—		—		—		—		(0.4)		(0.4)
Net current-period other comprehensive (loss) income		(4.1)		0.3		(3.8)		(9.4)		15.7		6.3
Ending balance September 30,	$	(15.1)	$	(137.5)	$	(152.6)	$	(16.7)	$	(151.1)	$	(167.8)

The following table represents the activity included in accumulated other comprehensive loss for the nine months ended September 30, 2023 and 2022:

	Nine Months Ended September 30, 2023						Nine Months Ended September 30, 2022
	Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total		Foreign ‎Currency		Pension and Other Postretirement ‎Benefits		Total
Beginning balance January 1,	$	(14.6)	$	(138.2)	$	(152.8)	$	(5.0)	$	(175.5)	$	(180.5)
Other comprehensive loss before reclassifications		(0.5)		—		(0.5)		(11.7)		—		(11.7)
Amounts reclassified from accumulated other comprehensive income (net of tax $(0.2) and $(8.6))		—		0.7		0.7		—		24.8		24.8
Actuarial loss (net of tax of $— and $0.1)		—		—		—		—		(0.4)		(0.4)
Net current-period other comprehensive (loss) income		(0.5)		0.7		0.2		(11.7)		24.4		12.7
Ending balance September 30,	$	(15.1)	$	(137.5)	$	(152.6)	$	(16.7)	$	(151.1)	$	(167.8)