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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

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

 

 

September 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

Foreign currency translation

 

$

(362.5

)

 

$

(369.7

)

Translation loss on long-term intercompany loans, net of income taxes of $19.1 on both dates

 

 

(133.4

)

 

 

(132.8

)

Gain on derivative instruments, net of income tax benefit of $(4.8) and $(5.3), respectively

 

 

25.5

 

 

 

53.4

 

Gain on interest rate swap, net of income taxes of $0.4 on both dates

 

 

1.1

 

 

 

1.4

 

Defined benefit pension plans, net of income tax benefit of $(20.1) and $(20.4), respectively

 

 

(14.5

)

 

 

(12.2

)

Retiree health care plan, net of income taxes of $1.8 and $1.9, respectively

 

 

0.7

 

 

 

1.2

 

Accumulated other comprehensive loss

 

$

(483.1

)

 

$

(458.7

)