Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Dec. 31, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Summary of the Changes in Accumulated Other Comprehensive Loss (Net of Tax)

A summary of the changes in Accumulated other comprehensive loss (net of tax) for the three years ended December 31, 2022 is provided below (in millions):

(Debit) credit	Cash Flow Hedge (Loss) Gain		Unrealized Gain (Loss) on Available-for-Sale Securities		Pension and Post Retirement Benefit Plan Adjustment		Cumulative Translation Adjustment		Total
BALANCE AT DECEMBER 31, 2019	$	(0.5)	$	0.6	$	(203.2)	$	(129.8)	$	(332.9)
Other comprehensive income (loss) before reclassifications	0.4		0.4		(21.6)		12.3		(8.5)
Amounts reclassified from accumulated other comprehensive loss	(0.6)		—		12.8		—		12.2
Current period other comprehensive income (loss)	(0.2)		0.4		(8.8)		12.3		3.7
BALANCE AT DECEMBER 31, 2020	$	(0.7)	$	1.0	$	(212.0)	$	(117.5)	$	(329.2)
Other comprehensive income (loss) before reclassifications	0.4		(0.4)		1.1		(11.5)		(10.4)
Amounts reclassified from accumulated other comprehensive loss	0.7		—		8.1		—		8.8
Current period other comprehensive income (loss)	1.1		(0.4)		9.2		(11.5)		(1.6)
BALANCE AT DECEMBER 31, 2021	$	0.4	$	0.6	$	(202.8)	$	(129.0)	$	(330.8)
Other comprehensive income (loss) before reclassifications	1.2		(1.4)		(0.6)		(27.9)		(28.7)
Amounts reclassified from accumulated other comprehensive loss	(1.0)		—		14.8		0.5		14.3
Current period other comprehensive income (loss)	0.2		(1.4)		14.2		(27.4)		(14.4)
BALANCE AT DECEMBER 31, 2022	$	0.6	$	(0.8)	$	(188.6)	$	(156.4)	$	(345.2)

Summary of the Gain (Loss) Reclassifications Out of Accumulated Other Comprehensive Loss

A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the two years ended December 31 is provided below (in millions):

Details about Accumulated Other Comprehensive Loss Components	2022			2021			Location of Gain (Loss) Reclassified into Income
Cash flow hedges gain (loss):
Forward exchange contracts	$	—		$	(0.1)		Net Sales
	1.2			(0.9)			Cost of goods sold
	1.2			(1.0)			Total before tax
	(0.2)			0.3			Tax (expense) benefit
	$	1.0		$	(0.7)		Gain (loss) net of tax
Amortization of defined benefit pension and post retirement benefit items:
Prior-service credits	$	(0.4)	(a)	$	(0.2)	(a)
Actuarial gains/(losses)	(10.6)		(a)	(10.7)		(a)
Settlement and curtailment losses	(8.8)		(a)	—		(a)
	(19.8)			(10.9)			Total before tax
	5.0			2.8			Tax benefit (expense)
	$	(14.8)		$	(8.1)		(Loss) gain net of tax
Reclassification of currency translation gain	$	(0.5)		$	—		Gain on disposition of business (Note 2)
	—			—			Tax benefit (expense)
	(0.5)			—			Gain (loss) net of tax
Gains (losses) reclassified into earnings	$	(14.3)		$	(8.8)		(Loss) gain net of tax

(a)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 12 — Retirement Benefits for additional details).