Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2024

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

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The following table details amounts reclassified from accumulated other comprehensive income (loss) and foreign currency translation adjustments for the three and six months ended June 30, 2024 (in millions):

	Derivative Instruments		Foreign Currency Translation		Total
Accumulated other comprehensive loss, March 31, 2024 , after tax	$	15.7	$	(67.8)	$	(52.1)
Change in derivative instruments	5.7		—		5.7
Net gains reclassified to cost of products	(2.4)		—		(2.4)
Net gains reclassified to interest expense	(2.8)		—		(2.8)
Income tax impact on derivative instruments	2.1		—		2.1
Cumulative foreign currency translation adjustments reclassified into other income upon dissolution of foreign subsidiary	—		3.4		3.4
Foreign currency translation adjustments	—		(3.5)		(3.5)
Accumulated other comprehensive loss, June 30, 2024, after tax	$	18.3	$	(67.9)	$	(49.6)

	Derivative Instruments		Foreign Currency Translation		Total
Accumulated other comprehensive loss, December 31, 2023, after tax	$	6.1	$	(53.6)	$	(47.5)
Change in derivative instruments	19.7		—		19.7
Net gains reclassified to cost of products	(3.7)		—		(3.7)
Net gains reclassified to interest expense	(5.5)		—		(5.5)
Income tax impact on derivative instruments	1.7		—		1.7
Cumulative foreign currency translation adjustments reclassified into other income upon dissolution of foreign subsidiary	—		3.4		3.4
Foreign currency translation adjustments	—		(17.7)		(17.7)
Accumulated other comprehensive loss, June 30, 2024, after tax	$	18.3	$	(67.9)	$	(49.6)