Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2025

Note 10 — Accumulated Other Comprehensive Loss

Comprehensive loss represents net loss and other gains and losses affecting stockholders’ equity that are not reflected in the Condensed Consolidated Statements of Operations. The components of accumulated other comprehensive loss as of September 30, 2025 and December 31, 2024 were as follows:


(In millions)	Unrecognized Net Defined Benefit and Postretirement Plan Costs			Change in Fair Value of Derivatives Products (1)			Foreign Currency Translation			Total
Balance at December 31, 2024	$	(0.7	)	$	(4.4	)	$	(109.9	)	$	(115.0	)
Other comprehensive (loss) income before reclassifications		(1.5	)		18.7			85.6			102.8
Amounts reclassified from accumulated other comprehensive loss		0.7			0.3		—				1.0
Other comprehensive (loss) income		(0.8	)		19.0			85.6			103.8
Balance at September 30, 2025	$	(1.5	)	$	14.6		$	(24.3	)	$	(11.2	)

(1)

Includes forward foreign exchange contracts, interest rate derivatives and commodity swaps.

The amount of net (gains) losses reclassified to earnings from the unrecognized net defined benefit and postretirement plan costs and derivative products components of accumulated other comprehensive loss for the quarters and nine months ended September 30, 2025 and 2024 were as follows:


	Quarter Ended September 30, 2025						Quarter Ended September 30, 2024						Nine Months Ended September 30, 2025						Nine Months Ended September 30, 2024
(In millions)	Pre-tax (gain) loss			Net of tax (gain) loss			Pre-tax (gain) loss			Net of tax (gain) loss			Pre-tax loss (gain)			Net of tax loss (gain)			Pre-tax (gain) loss			Net of tax (gain) loss
Defined Benefit and Postretirement Plan Costs	$	—		$	—		$	(0.2	)	$	(0.2	)	$	0.9		$	0.7		$	(0.4	)	$	(0.4	)

Derivative Products
Foreign currency forward exchange contracts		(4.5	)		(3.3	)		0.2			0.3			(6.3	)		(4.7	)		2.2			1.6
Commodity swaps		(1.3	)		(1.0	)		0.4			0.4			(1.7	)		(1.3	)		0.4			0.3
Interest rate swaps		(0.8	)		(0.7	)		4.5			3.4			8.2			6.3			(0.6	)		(0.4	)
Total Derivative Products	$	(6.6	)	$	(5.0	)	$	5.1		$	4.1		$	0.2		$	0.3		$	2.0		$	1.5

HEXCEL CORP /DE/ 10-Q