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Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in the Company’s accumulated other comprehensive income (loss) (AOCI), net of tax, by component for the three months ended June 30, 2023:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at March 31, 2023$(347.4)$(1.9)$5.6 $(11.3)$1.3 $(353.7)
Other comprehensive loss before reclassifications (1)
25.2 — 0.2 — — 25.4 
Amounts reclassified from AOCI— — — 0.8 — 0.8 
Net current-period other comprehensive loss25.2 — 0.2 0.8 — 26.2 
Balance at June 30, 2023$(322.2)$(1.9)$5.8 $(10.5)$1.3 $(327.5)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $6.6 of translation attributable to noncontrolling interests.
The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the three months ended June 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at March 31, 2022$(300.5)$(2.9)$2.7 $(63.9)$(0.8)$(365.4)
Other comprehensive loss before reclassifications (1)
(49.6)0.9 1.8 — — (46.9)
Amounts reclassified from AOCI— — — 0.1 — 0.1 
Net current-period other comprehensive loss(49.6)0.9 1.8 0.1 — (46.8)
Balance at June 30, 2022$(350.1)$(2.0)$4.5 $(63.8)$(0.8)$(412.2)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(2.3) of translation attributable to noncontrolling interests.:

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the six months ended June 30, 2023:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2023$(352.1)$(1.9)$5.3 $(12.6)$1.3 $(360.0)
Other comprehensive loss before reclassifications (1)
29.9 — 0.5 — — 30.4 
Amounts reclassified from AOCI— — — 2.1 — 2.1 
Net current-period other comprehensive loss29.9 — 0.5 2.1 — 32.5 
Balance at June 30, 2023$(322.2)$(1.9)$5.8 $(10.5)$1.3 $(327.5)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $4.4 of translation attributable to noncontrolling interests.

The following table summarizes the changes in the Company’s AOCI, net of tax, by component for the six months ended June 30, 2022:
TranslationForeign Currency HedgesInterest Rate HedgesPension and Other Post-retirement BenefitsOtherAccumulated Other Comprehensive Income (Loss)
Balance at January 1, 2022$(310.9)$(1.9)$0.4 $(64.6)$(1.5)$(378.5)
Other comprehensive loss before reclassifications (1)
(39.2)(0.1)4.7 — 0.7 (33.9)
Amounts reclassified from AOCI— — (0.6)0.8 — 0.2 
Net current-period other comprehensive loss(39.2)(0.1)4.1 0.8 0.7 (33.7)
Balance at June 30, 2022$(350.1)$(2.0)$4.5 $(63.8)$(0.8)$(412.2)
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(3.1) of translation attributable to noncontrolling interests.
(1) Other comprehensive income (loss) before reclassifications within the translation component excludes $(3.1) of translation attributable to noncontrolling interests.
The following table summarizes the details about the amounts reclassified from AOCI:
Reclassification out of Accumulated Other Comprehensive Income
Three months endedSix months endedAffected Line Item on the Statement of Operations
June 30,June 30,
2023202220232022
Interest rate hedge loss$— $— $— $(0.6)Interest expense
Pension and post-retirement benefits:
Net actuarial gain amortized (net of tax of $(0.2), $(0.7), $(0.7), and $(0.4), respectively)0.8 0.1 2.1 0.8 Miscellaneous, net
Total reclassifications for the period$0.8 $0.1 $2.1 $0.2