ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)

3 Months Ended

Mar. 31, 2023

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

Changes in accumulated other comprehensive income/(loss) by component for the three months ended March 31, 2023 and March 31, 2022, are summarized below:


(In millions)	Foreign Currency Translation Adjustments		Pension and Post-Retirement Plan Benefit Adjustments (2)		Total
For the three months ended March 31, 2023:
Balance as of December 31, 2022	$	(191.3)	$	(40.1)	$	(231.4)

Other comprehensive income/(loss) before reclassifications	6.5		—		6.5
Amounts reclassified from accumulated other comprehensive income/(loss) (1)	—		0.3		0.3
Net other comprehensive income/(loss)	6.5		0.3		6.8

Balance as of March 31, 2023	$	(184.8)	$	(39.8)	$	(224.6)

For the three months ended March 31, 2022:
Balance as of December 31, 2021	$	(179.6)	$	(49.0)	$	(228.6)

Other comprehensive income/(loss) before reclassifications	8.7		—		8.7
Amounts reclassified from accumulated other comprehensive income/(loss) (1)	—		0.9		0.9
Net other comprehensive income/(loss)	8.7		0.9		9.6

Balance as of March 31, 2022	$	(170.9)	$	(48.1)	$	(219.0)

(1) This accumulated other comprehensive income/(loss) component is included in the computation of net periodic pension cost (refer to Note 7 for additional details) and is included in the "Other income/(expense), net" line of the Company's condensed consolidated statements of income.

(2) Net of tax expense of $0.1 million and $0.3 million for the three months ended March 31, 2023 and March 31, 2022, respectively.