Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

The balance of each component of accumulated other comprehensive (loss), net of tax is presented in the table below.

	December 31, 2023			December 31, 2022
Foreign currency translation adjustments	$	1.0		$	0.5
Derivative gain, net		0.5			9.5
Pension and postretirement adjustments		(106.2	)		(110.1	)
Accumulated other comprehensive (loss)	$	(104.7	)	$	(100.1	)

Schedule of Other Comprehensive Income (Loss)

The amounts and related tax effects allocated to each component of other comprehensive income (loss) for 2023, 2022, and 2021 are presented in the tables below.

	Pre-tax Amount			Tax (Expense) Benefit			After-tax Amount
2023
Foreign currency translation adjustments	$	0.5		$	-		$	0.5
Derivative (loss), net		(12.1	)		3.1			(9.0	)
Pension and postretirement adjustments		5.2			(1.3	)		3.9
Total other comprehensive (loss)	$	(6.4	)	$	1.8		$	(4.6	)

	Pre-tax Amount			Tax (Expense) Benefit			After-tax Amount
2022
Foreign currency translation adjustments	$	(1.8	)	$	-		$	(1.8	)
Derivative gain, net		24.9			(6.3	)		18.6
Pension and postretirement adjustments		(9.6	)		2.3			(7.3	)
Total other comprehensive income	$	13.5		$	(4.0	)	$	9.5

	Pre-tax Amount			Tax Benefit (Expense)			After-tax Amount
2021
Derivative gain, net	$	13.4		$	(3.5	)	$	9.9
Pension and postretirement adjustments		(13.4	)		3.2			(10.2	)
Total other comprehensive (loss)	$	-		$	(0.3	)	$	(0.3	)

Schedule of Accumulated Other Comprehensive Income Activity

The following table summarizes the activity, by component, related to the change in AOCI for December 31, 2023 and 2022:

	Foreign Currency Translation Adjustments			Derivative (Loss) Gain (1)			Pension and Postretirement Adjustments (1)			Total Accumulated Other Comprehensive (Loss) Income (1)
Balance, December 31, 2021	$	2.3		$	(9.1	)	$	(102.8	)	$	(109.6	)
Other comprehensive (loss) income before reclassifications,    net of tax (expense) benefit of $-, ($6.7), $2.6 and ($4.1)		(1.8	)		20.2			(8.1	)		10.3
Amounts reclassified from accumulated other    comprehensive (loss)		-			(1.6	)		0.8			(0.8	)
Net current period other comprehensive (loss) income		(1.8	)		18.6			(7.3	)		9.5
Balance, December 31, 2022		0.5			9.5			(110.1	)		(100.1	)
Other comprehensive income (loss) before reclassifications,    net of tax benefit (expense) of $-, $0.2, ($1.5) and ($1.3)		0.5			(0.4	)		4.5			4.6
Amounts reclassified from accumulated other    comprehensive (loss)		-			(8.6	)		(0.6	)		(9.2	)
Net current period other comprehensive income (loss)		0.5			(9.0	)		3.9			(4.6	)
Balance, December 31, 2023	$	1.0		$	0.5		$	(106.2	)	$	(104.7	)

(1)Amounts are net of tax and include our 50% share of AOCI components from our WAVE joint venture.

Reclassification out of Accumulated Other Comprehensive Income

The amounts reclassified from AOCI, and the affected line item of the Consolidated Statements of Earnings and Comprehensive Income, are presented in the table below.

	Amounts Reclassified from Accumulated Other Comprehensive (Loss)						Affected Line Item in the Consolidated Statements of Earnings and Comprehensive Income
	2023			2022
Derivative Adjustments:
Interest rate swap contracts, before tax	$	(11.5	)	$	(2.0	)	Interest expense
Tax impact		2.9			0.4		Income tax expense
Total (income), net of tax		(8.6	)		(1.6	)
Pension and Postretirement Adjustments:
Prior service credit amortization		(0.3	)		(0.3	)	Other non-operating (income), net
Amortization of net actuarial (gain) loss		(0.5	)		1.4		Other non-operating (income), net
Total (income) loss, before tax		(0.8	)		1.1
Tax impact		0.2			(0.3	)	Income tax expense
Total (income) loss, net of tax		(0.6	)		0.8
Total reclassifications for the period	$	(9.2	)	$	(0.8	)