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Pension and Postretirement Benefits (Tables)
 12 Months Ended
Dec. 31, 2022
Retirement Benefits [Abstract]  
Summary Of Benefit Obligations, Fair Value Of Plan Assets And Funded Status A summary of the projected benefit obligations, fair value of plan assets and funded status is as follows:
Pension BenefitsPostretirement Benefits
(in millions) December 31,2022202120222021
Change in benefit obligation:
Benefit obligation at beginning of year$1,152.1 $1,259.8 $28.1 $30.0 
Service cost5.5 6.0 0.2 0.3 
Interest cost22.4 18.4 0.7 0.6 
Plan participants’ contributions0.4 0.4 — — 
Amendments0.7 (0.7)— — 
Actuarial (gain) loss (291.2)(64.8)(7.3)(0.2)
Settlements(9.9)(6.1)— — 
Curtailments(1.0)0.5 — — 
Benefits paid(48.8)(49.5)(2.1)(2.6)
Foreign currency exchange and other(40.1)(10.9)— — 
Administrative expenses paid(0.2)(1.0)— — 
Benefit obligation at end of year$789.9 $1,152.1 $19.6 $28.1 
Change in plan assets:
Fair value of plan assets at beginning of year$1,081.4 $1,024.1 $— $— 
Actual return on plan assets(227.9)96.2 — — 
Employer contributions19.7 26.7 2.1 2.6 
Plan participants’ contributions0.4 0.4 — — 
Settlements(64.9)(6.1)— — 
Benefits paid(48.8)(49.5)(2.1)(2.6)
Foreign currency exchange and other(45.2)(8.8)— — 
Administrative expenses paid(0.9)(1.6)— — 
Fair value of plan assets at end of year$713.8 $1,081.4 $— $— 
Funded status$(76.1)$(70.7)$(19.6)$(28.1)
Schedule Of Amounts Recognized In Consolidated Balance Sheets
Amounts recognized on our Consolidated Balance Sheets consist of:
Pension BenefitsPostretirement Benefits
(in millions) December 31,2022202120222021
Other assets$56.5 $132.1 $— $— 
Current liabilities(1.6)(1.5)(2.2)(2.5)
Accrued pension and postretirement benefits(131.0)(201.3)(17.4)(25.6)
Funded status$(76.1)$(70.7)$(19.6)$(28.1)
Schedule Of Amounts Recognized In Accumulated Other Comprehensive (Income) Loss
Amounts recognized in accumulated other comprehensive loss consist of:
Pension BenefitsPostretirement Benefits
(in millions) December 31,2022202120222021
Net actuarial loss (gain)$367.0 $400.0 $(8.4)$(1.1)
Prior service credit (1.3)(1.6)(2.0)(3.1)
Total recognized in accumulated other comprehensive loss$365.7 $398.4 $(10.4)$(4.2)
Schedule Of Accumulated And Projected Benefit Obligations
The projected benefit obligation, accumulated benefit obligation and fair value of plan assets for the U.S. and Non-U.S. plans, are as follows:
 Pension Obligations/Assets
 U.S.Non-U.S.Total
(in millions) December 31,202220212022202120222021
Projected benefit obligation$499.7 $669.7 $290.2 $482.4 $789.9 $1,152.1 
Accumulated benefit obligation499.7 669.7 285.1 473.6 784.8 1,143.3 
Fair value of plan assets401.7 522.2 312.1 559.2 713.8 1,081.4 
Schedule Of Information For Pension Plans With An Accumulated Benefit Obligation In Excess Of Plan Assets
Information for pension plans with an accumulated benefit obligation in excess of plan assets is as follows:
(in millions) December 31,20222021
Projected benefit obligation$537.1 $771.6 
Accumulated benefit obligation$533.4 $720.1 
Fair value of plan assets$404.5 $525.2 
Components Of Net Periodic Cost
Components of net periodic (benefit) cost are as follows:
Pension BenefitsPostretirement Benefits
(in millions) For the year ended December 31,202220212020202220212020
Net Periodic (Benefit) Cost:
Service cost$5.5 $6.0 $6.4 $0.2 $0.3 $0.3 
Interest cost22.4 18.4 26.1 0.7 0.6 0.9 
Expected return on plan assets(56.4)(54.6)(57.5)— — — 
Amortization of prior service cost(0.1)(0.1)(0.3)(1.1)(1.1)(1.1)
Amortization of net loss (gain)15.2 23.4 19.1 — — — 
Recognized curtailment (gain) loss(1.0)(1.3)(2.3)— — — 
Settlement loss12.1 1.4 1.7 — — — 
Net periodic (benefit) cost$(2.3)$(6.8)$(6.8)$(0.2)$(0.2)$0.1 
Schedule Of Weighted Average Assumptions Used To Determine Benefit Obligation And Net Periodic Benefit Cost
The weighted average assumptions used to determine benefit obligations are as follows:
Pension BenefitsPostretirement Benefits
For the year ended December 31,202220212020202220212020
U.S. Plans:
Discount rate5.43 %2.89 %2.62 %5.40 %2.70 %2.30 %
Rate of compensation increaseN/AN/AN/AN/AN/AN/A
Interest credit rate3.62 %1.47 %0.93 %N/AN/AN/A
Non-U.S. Plans:
Discount rate4.27 %1.58 %1.07 %N/AN/AN/A
Rate of compensation increase3.33 %3.08 %3.10 %N/AN/AN/A
Interest credit rate1.81 %0.33 %0.29 %N/AN/AN/A
The weighted-average assumptions used to determine net periodic benefit cost are as follows:
Pension BenefitsPostretirement Benefits
For the year ended December 31,202220212020202220212020
U.S. Plans:
Discount rate2.89 %2.62 %3.34 %2.70 %2.30 %3.20 %
Expected rate of return on plan assets6.50 %6.50 %7.25 %N/AN/AN/A
Rate of compensation increaseN/AN/AN/AN/AN/AN/A
Interest credit rate1.47 %0.93 %2.83 %N/AN/AN/A
Non-U.S. Plans:
Discount rate1.58 %1.07 %1.70 %N/AN/AN/A
Expected rate of return on plan assets4.50 %4.45 %5.31 %N/AN/AN/A
Rate of compensation increase3.08 %3.10 %2.89 %N/AN/AN/A
Interest credit rate0.33 %0.29 %0.22 %N/AN/AN/A
Schedule Of Health Care Cost Trend Rates
The assumed health care cost trend rates are as follows:
December 31,20222021
Health care cost trend rate assumed for next year7.00 %7.25 %
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)4.50 %4.50 %
Year that the rate reaches the ultimate trend rate20332033
Schedule Of Pension Plan Target Allocations And Weighted-Average Asset Allocations
Our pension plan target allocations and weighted-average asset allocations by asset category are as follows:
  Target AllocationActual Allocation
Asset Category December 31,20222021
Equity securities
15%-75%
43 %44 %
Fixed income securities
15%-75%
27 %31 %
Alternative assets/Other
0%-45% 
26 %22 %
Cash and money market
0%-10%
4 %3 %
Schedule Of Fair Value Of Company Pension Plan Assets
The fair value of our pension plan assets as of December 31, 2022, by asset category, are as follows:
(in millions)Active
Markets
for
Identical
Assets
Level 1		Other
Observable
Inputs
Level 2		Unobservable
Inputs
Level 3
Net Asset Value ("NAV") Practical Expedient (a)
Total
Fair Value
Cash Equivalents and Money Markets$27.8 $— $— $— $27.8 
Common Stocks
Actively Managed U.S. Equities31.8 — — — 31.8 
Commingled and Mutual Funds
U.S. Equity Funds152.3 — — — 152.3 
Non-U.S. Equity Funds74.3 — — 47.8 122.1 
U.S. Fixed Income, Government and Corporate88.9 — — — 88.9 
Registered Investment Company23.3 — — — 23.3 
Collective Trust— — 16.5 18.8 35.3 
Non-U.S. Fixed Income, Government and Corporate— — — 103.5 103.5 
International Balanced Funds— — — 1.8 1.8 
Property Funds21.7 — — — 21.7 
Alternative Investments
Insurance / Annuity Contract(s)— 13.4 — — 13.4 
Hedge Funds and LDI— — — 60.1 60.1 
International Property Funds— — — 31.8 31.8 
Total Fair Value$420.1 $13.4 $16.5 $263.8 $713.8 
(a)
 Investments are measured at fair value using the net asset value per share practical expedient, and therefore, are not classified in the fair value hierarchy.
The fair value of our pension plan assets as of December 31, 2021, by asset category, are as follows:
(in millions)Active
Markets
for
Identical
Assets
Level 1		Other
Observable
Inputs
Level 2		Unobservable
Inputs
Level 3
Net Asset Value ("NAV") Practical Expedient (a)
Total
Fair Value
Cash Equivalents and Money Markets$30.5 $— $— $— $30.5 
Common Stocks
Actively Managed U.S. Equities112.8 — — — 112.8 
Commingled and Mutual Funds
U.S. Equity Funds129.1 — — — 129.1 
Non-U.S. Equity Funds93.7 — — 139.3 233.0 
U.S. Fixed Income, Government and Corporate116.2 — — — 116.2 
Registered Investment Company34.0 — — — 34.0 
Collective Trust— — 21.7 19.0 40.7 
Non-U.S. Fixed Income, Government and Corporate— — — 222.6 222.6 
International Balanced Funds— — — 2.1 2.1 
Property Funds29.0 — — — 29.0 
Alternative Investments
Insurance / Annuity Contract(s)— 14.7 — — 14.7 
Hedge Funds and LDI— — — 64.0 64.0 
International Property Funds— — — 52.7 52.7 
Total Fair Value$545.3 $14.7 $21.7 $499.7 $1,081.4 
Summary Of Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:
Estimated future payments (in millions)Pension
Benefits		Postretirement Benefits
2023$52.0 $2.3 
202452.0 2.2 
202553.7 2.1 
202653.7 1.9 
202755.2 1.8 
2028 to 2032273.0 7.7 
Total payments$539.6 $18.0