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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Loss

(10) Accumulated Other Comprehensive Loss

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

 

December 31

 

2023

 

 

2022

 

Foreign currency translation

 

$

(261.2

)

 

$

(369.7

)

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

 

 

(133.6

)

 

 

(132.8

)

(Loss) gain on derivative instruments, net of income tax benefit of $(22.7) and $(5.3), respectively

 

 

(37.6

)

 

 

53.4

 

Gain on interest rate swap, net of income taxes of $0.3 and $0.4, respectively

 

 

1.1

 

 

 

1.4

 

Defined benefit pension plans, net of income tax benefit of $(23.0) and $(20.4), respectively

 

 

(36.0

)

 

 

(12.2

)

Retiree health care plan, net of income taxes of $2.0 and $1.9, respectively

 

 

1.3

 

 

 

1.2

 

Accumulated other comprehensive loss

 

$

(466.0

)

 

$

(458.7

)