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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Foreign currency translation

 

$

(216.7

)

 

$

(180.8

)

Translation loss on derivative instruments, net of income tax benefit of $(9.8) and $(16.4), respectively

 

 

4.5

 

 

 

(18.4

)

Translation loss on long-term intercompany loans

 

 

(131.1

)

 

 

(133.6

)

Defined benefit pension plans, net of income tax benefit of $(22.7) and $(22.8), respectively

 

 

(56.2

)

 

 

(56.7

)

Retiree health care plan, net of income taxes of $1.6 on both dates

 

 

(0.1

)

 

 

0.1

 

Accumulated other comprehensive loss

 

$

(399.6

)

 

$

(389.4

)