XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.1
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The tables below present the changes in AOCI by component and the reclassifications out of AOCI for the three months ended March 31, 2023 and 2022:
Three Months Ended March 31, 2023
Foreign Currency Translation AdjustmentsNet Investment HedgesCash Flow HedgesPension and Postretirement BenefitsTotal
Balance at December 31, 2022$(1,018.1)$(4.3)$0.3 $(30.1)$(1,052.2)
Other comprehensive income other than reclassifications(7.6)— (1.0)— (8.6)
Reclassifications into earnings:
Amortization of net actuarial loss and prior service cost, net of tax of $0.1(1)
— — — 0.3 0.3 
Total reclassifications into earnings— — — 0.3 0.3 
Balance at March 31, 2023
$(1,025.7)$(4.3)$(0.7)$(29.8)$(1,060.5)

Three Months Ended March 31, 2022
Foreign Currency Translation AdjustmentsNet Investment HedgesCash Flow HedgesPension and Postretirement BenefitsTotal
Balance at December 31, 2021
$(1,062.2)$(4.3)$— $(19.0)$(1,085.5)
Other comprehensive loss other than reclassifications
50.9 — 0.1 — 51.0 
Reclassifications into earnings:
Amortization of net actuarial loss and prior service cost, net of tax of $0.2(1)
— — — 1.3 1.3 
Total reclassifications into earnings— — — 1.3 1.3 
Balance at March 31, 2022
$(1,011.3)$(4.3)$0.1 $(17.7)$(1,033.2)
For further details on Other Comprehensive income, (loss) other than reclassifications see the Consolidated Statements of Comprehensive Income (Loss).
(1) Gross amount reclassified to other income (expense), net in our Consolidated Statements of Operations, and related taxes reclassified to income taxes in our Consolidated Statements of Operations.
Foreign exchange net gain of $1.8 and loss of $2.4 for the three months ended March 31, 2023 and 2022, respectively, resulting from the translation of actuarial losses and prior service cost recorded in AOCI, are included in foreign currency translation adjustments in our Consolidated Statements of Comprehensive Income (Loss).