Accumulated Other Comprehensive Loss

6 Months Ended

Jun. 30, 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	16.2		57.5		(41.3)
Amounts reclassified from accumulated other comprehensive loss	217.2		(3.4)		220.6
Current period other comprehensive income	233.4		54.1		179.3
Balance at June 30, 2023	$	(2,842.6)	$	(923.3)	$	(1,919.3)

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Translation adjustments:
Adjustment for substantial completion of liquidation of foreign subsidiaries(i)	$	0.1	$	1.8	$	(3.4)	$	2.9
Postretirement plans(ii):
Amortization of prior service benefit	(1.3)		(1.2)		(2.6)		(2.9)
Amortization of actuarial losses	19.3		40.1		40.8		80.5
Settlement losses	—		—		183.2		—
Total before tax	18.1		40.7		218.0		80.5
Income tax	(0.4)		(1.5)		(0.8)		(3.2)
Total reclassifications for the period	$	17.7	$	39.2	$	217.2	$	77.3

(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).