Changes in Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Changes in Equity and Accumulated Other Comprehensive Loss

Changes in Accumulated Other Comprehensive Loss

The table below provides the accumulated balances for each classification of accumulated other comprehensive income (loss), as reflected on our Condensed Consolidated Balance Sheets.

(in millions)		Defined Benefit Pension and Postretirement Items		Currency Translation Adjustment		Total a
Balance as of December 31, 2022		$	(271.9)	$	(231.4)	$	(503.3)
	Other comprehensive income (loss) before reclassifications	—		12.8		12.8
	Amounts reclassified from accumulated other comprehensive loss	2.7		—		2.7
Net period other comprehensive income (loss)		2.7		12.8		15.5
Balance as of March 31, 2023		$	(269.2)	$	(218.6)	$	(487.8)

a  Net of tax benefit of $107.3 million and $106.6 million as of March 31, 2023 and December 31, 2022, respectively.

The table below illustrates the amounts reclassified out of each component of accumulated other comprehensive loss for the three month ended March 31, 2023, and 2022. Amortization of pension and postretirement components has been recorded within “Miscellaneous (expense) income, net” on our Condensed Consolidated Statements of Operations.

	Three Months Ended March 31,
(in millions)	2023		2022
Amortization of pension items:
Net loss	3.8		4.8
Amortization of postretirement items:
Prior service costs	(0.2)		(0.3)
Net gain	(0.2)		—
Total before tax	$	3.4	$	4.5
Tax impact	0.7		1.2
Total reclassifications for the period	$	2.7	$	3.3