Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Income (Loss)

v3.24.0.1
Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2023
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, 2020 $ (1.5) $ (2.1) $ (3.6)
Other comprehensive income (loss) before reclassifications (1) 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 (2) (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 
Other comprehensive income (loss) before reclassifications (3) 0.6  (0.1) 0.5 
Amounts reclassified out of accumulated other comprehensive income (loss) (4) (0.5) —  (0.5)
Net current-period other comprehensive income (loss) 0.1  (0.1) — 
Balance at December 31, 2023 $ (0.8) $ 2.4  $ 1.6 
(1)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.
(2)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.
(3)Net of tax expense of $0.2 million related to losses on cash flow hedges and no tax expense or benefit related to the defined benefit pension plan.
(4)Net of tax benefit of $0.2 million related to gains on cash flow hedges.

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.”