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Pension and Other Postemployment Benefits (Tables)
12 Months Ended
Dec. 31, 2023
Defined Benefit Pension Plans [Member]  
Net Periodic Benefit Expense
Net periodic benefit expense:
Year Ended December 31,
202320222021
Service cost$2.4 $2.8 $5.2 
Interest cost11.1 5.6 4.2 
Expected return on plan assets(0.3)(1.4)(1.5)
Amortization of prior service cost0.3 0.4 0.8 
Amortization of actuarial loss0.7 4.0 9.3 
 $14.2 $11.4 $18.0 
Weighted Average Assumptions Used to Determine Net Periodic Benefit Expense
Weighted average assumptions:
Year Ended December 31,
202320222021
Discount rate4.7 %2.1 %1.4 %
Compensation increases2.6 %2.6 %2.7 %
Expected return on plan assets1.5 %1.6 %5.0 %
Change in Benefit Obligation, Fair Value of Plan Assets, Funded Status and Balance Sheet Classification of Defined Benefit Pension Plans
Change in benefit obligation and fair value of plan assets:
December 31,
20232022
Benefit Obligation:  
January 1$228.6 $289.4 
Service cost2.4 2.8 
Interest cost11.1 5.6 
Amendments, curtailments and settlements(0.4)(0.1)
Actuarial (gain) loss(2.1)(52.2)
Benefits paid(12.4)(10.9)
Foreign currency translation(2.9)(6.0)
December 31$224.3 $228.6 
Fair Value of Plan Assets:  
January 1$44.0 $63.0 
Actual return on plan assets3.9 (14.3)
Employer contributions8.8 8.2 
Benefits paid(12.4)(10.9)
Foreign currency translation and other1.2 (2.0)
December 31$45.5 $44.0 
Funded status and balance sheet classification:
December 31,
20232022
Funded Status$(178.8)$(184.6)
Other assets$2.1 $2.4 
Other current liabilities(8.6)(7.5)
Long-term liabilities(172.3)(179.5)
 $(178.8)$(184.6)
Plans with Benefit Obligations in Excess of Plan Assets
Plans with benefit obligations in excess of plan assets:
December 31,
20232022
Benefit obligation$(215.5)$(221.2)
Plan assets34.7 34.2 
 $(180.8)$(187.0)
Weighted Average Assumptions Used to Determine Benefit Obligation
Weighted average assumptions:
December 31,
20232022
Discount rate4.6 %4.4 %
Compensation increases3.5 %3.5 %
Estimated Benefits Expected to be Paid
At December 31, 2023, the estimated benefits expected to be paid over the next 10 years:
2024$12.2 
202517.0 
202617.1 
202717.8 
202822.2 
2029 - 203389.6 
Postemployment Arrangements [Member]  
Net Periodic Benefit Expense
Net periodic benefit expense:
Year Ended December 31,
202320222021
Service cost$3.4 $4.5 $4.8 
Interest cost5.7 2.6 2.1 
Amortization of prior service cost3.8 3.8 4.1 
Amortization of actuarial loss 2.5 3.9 
Total Net Periodic Benefit Expense$12.9 $13.4 $14.9 
Weighted Average Assumptions Used to Determine Net Periodic Benefit Expense
Weighted average assumptions:
Year Ended December 31,
202320222021
Discount rate4.7 %1.8 %1.4 %
Compensation increases3.5 %3.5 %3.5 %
Change in Benefit Obligation, Fair Value of Plan Assets, Funded Status and Balance Sheet Classification of Defined Benefit Pension Plans
Benefit obligation and balance sheet classification:
December 31,
20232022
January 1$130.8 $153.0 
Service cost3.4 4.5 
Interest cost5.7 2.6 
Amendments6.9 5.8 
Actuarial (gain) loss6.3 (24.7)
Benefits paid(10.9)(10.4)
December 31$142.2 $130.8 
Other current liabilities$11.9 $10.5 
Long-term liabilities130.3 120.3 
Total Benefit Obligation$142.2 $130.8 
Weighted Average Assumptions Used to Determine Benefit Obligation
Weighted average assumptions:
December 31,
20232022
Discount rate4.6 %4.8 %
Compensation increases3.5 %3.5 %
Estimated Benefits Expected to be Paid
At December 31, 2023, the estimated benefits expected to be paid over the next 10 years:
2024$11.9 
202513.2 
202613.4 
202713.5 
202813.1 
2029 - 203352.9