Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.22.4
Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
The changes in accumulated other comprehensive income (loss) are as follows:
  Gains and (Losses) on Cash Flow Hedges Defined Benefit Pension Plan Total Accumulated Other Comprehensive Income (Loss)
  (In millions)
Balance at December 31, 2019 $ (1.4) $ (0.7) $ (2.1)
Other comprehensive income (loss) before reclassifications (1) 1.3  (1.4) (0.1)
Amounts reclassified out of accumulated other comprehensive income (loss) (2) (1.4) —  (1.4)
Net current-period other comprehensive income (loss) (0.1) (1.4) (1.5)
Balance at December 31, 2020 $ (1.5) $ (2.1) $ (3.6)
Other comprehensive income (loss) before reclassifications (3) 1.0  1.3  2.3 
Amounts reclassified out of accumulated other comprehensive income (loss) —  —  — 
Net current-period other comprehensive income (loss) 1.0  1.3  2.3 
Balance at December 31, 2021 $ (0.5) $ (0.8) $ (1.3)
Other comprehensive income (loss) before reclassifications (4) (0.4) 3.3  2.9 
Amounts reclassified out of accumulated other comprehensive income (loss) —  —  — 
Net current-period other comprehensive income (loss) (0.4) 3.3  2.9 
Balance at December 31, 2022 $ (0.9) $ 2.5  $ 1.6 
(1)Net of tax expense of $0.3 million related to gains on cash flow hedges and tax benefit of $0.5 million related to the defined benefit pension plan.
(2)Net of tax benefit of $0.6 million related to gains on cash flow hedges.
(3)Net of tax expense of $0.5 million related to gains on cash flow hedges and tax expense of $0.5 million related to the defined benefit pension plan.
(4)Net of tax benefit of $0.1 million related to losses on cash flow hedges and tax expense of $1.3 million related to the defined benefit pension plan.

See the heading “Derivative Instruments and Hedging Activities” in Note 6, “Long-Term Debt,” for further discussion of our cash flow hedges. For further discussion of our defined benefit pension plan, see Note 10, “Employee Benefit Plans.”