Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss is as follows:

	Total		Translation Adjustments		Postretirement Plans
Balance at December 31, 2022	$	(3,076.0)	$	(977.4)	$	(2,098.6)
Other comprehensive income (loss) before reclassifications	3.3		26.8		(23.5)
Amounts reclassified from accumulated other comprehensive loss	199.5		(3.5)		203.0
Current period other comprehensive income	202.8		23.3		179.5
Balance at March 31, 2023	$	(2,873.2)	$	(954.1)	$	(1,919.1)

Amounts reclassified out of accumulated other comprehensive loss are as follows:

	Three Months Ended March 31,
	2023		2022
Translation adjustments:
Adjustment for substantial completion of liquidation of foreign subsidiaries(i)	$	(3.5)	$	1.1
Postretirement plans(ii):
Amortization of prior service benefit	(1.3)		(1.7)
Amortization of actuarial losses	21.5		40.4
Settlement losses	183.2		—
Total before tax	199.9		39.8
Income tax	(0.4)		(1.7)
Total reclassifications for the period	$	199.5	$	38.1

(i) Reported in other (expense), net in the consolidated statements of income (loss).

(ii)These items are included in net periodic postretirement cost (see Note 3).