Accumulated Other Comprehensive Loss, Net of Tax (Notes)

12 Months Ended

Dec. 31, 2023

Accumulated Other Comprehensive Loss, Net of Tax

The following table presents the changes in accumulated other comprehensive loss, net of tax, by component.


	Foreign Currency Translation Adjustments		Derivative Instruments		Defined Benefit Pension and Other Postretirement Plans		Total
Balance as of December 31, 2021	$	(723.2)	$	22.9	$	(193.9)	$	(894.2)
Other comprehensive (loss) income before reclassifications	(130.2)		13.2		9.4		(107.6)
Amount reclassified from accumulated other comprehensive loss, net of tax	4.3		(1.1)		4.9		8.1
Balance as of December 31, 2022	$	(849.1)	$	35.0	$	(179.6)	$	(993.7)
Other comprehensive income (loss) before reclassifications	59.5		0.4		(15.8)		44.1
Amount reclassified from accumulated other comprehensive loss, net of tax	0.5		(1.9)		4.8		3.4
Balance as of December 31, 2023	$	(789.1)	$	33.5	$	(190.6)	$	(946.2)

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the years ended December 31, 2023, 2022 and 2021 are as follows:


	Years ended December 31,						Affected Line Item in the Consolidated Statements of Operations
	2023		2022		2021
Foreign currency translation adjustments 1	$	0.5	$	4.3	$	(1.0)	Other income (expense), net
Net (gain) loss on derivative instruments	(2.6)		(1.4)		4.2		Other income (expense), net, Interest Expense
Amortization of defined benefit pension and postretirement plans items	6.5		6.3		10.0		Other income (expense), net
Tax effect	(1.0)		(1.1)		(3.1)		Provision for income taxes
Total amount reclassified from accumulated other comprehensive loss, net of tax	$	3.4	$	8.1	$	10.1

1These foreign currency translation adjustments are primarily a result of the sales of businesses.