Summary of Changes in Accumulated Other Comprehensive Loss |
The following table summarizes changes in accumulated other comprehensive loss by component during the years ended December 31, 2020, 2019, and 2018:
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Changes in Accumulated Other Comprehensive Loss by Component |
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Foreign Currency Translation Adjustments |
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Unrealized Gain (Loss) on Derivatives |
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Balance as of December 31, 2017 |
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$ |
(170.6 |
) |
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$ |
5.2 |
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$ |
(165.4 |
) |
Other comprehensive loss before reclassifications, net of tax |
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(41.0 |
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(3.6 |
) |
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(44.6 |
) |
Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1) |
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— |
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0.2 |
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0.2 |
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Total other comprehensive loss, net of reclassifications |
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(41.0 |
) |
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(3.4 |
) |
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(44.4 |
) |
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Balance as of December 31, 2018 |
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(211.6 |
) |
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1.8 |
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(209.8 |
) |
Other comprehensive loss before reclassifications, net of tax |
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— |
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(1.9 |
) |
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(1.9 |
) |
Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1) |
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— |
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(0.8 |
) |
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(0.8 |
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Total other comprehensive loss, net of reclassifications |
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— |
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(2.7 |
) |
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(2.7 |
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Balance as of December 31, 2019 |
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(211.6 |
) |
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(0.9 |
) |
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(212.5 |
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Other comprehensive income before reclassifications, net of tax |
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33.2 |
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1.7 |
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34.9 |
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Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1) |
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— |
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(4.6 |
) |
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(4.6 |
) |
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Total other comprehensive income (loss), net of reclassifications |
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33.2 |
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(2.9 |
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30.3 |
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Balance as of December 31, 2020 |
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$ |
(178.4 |
) |
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$ |
(3.8 |
) |
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$ |
(182.2 |
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(1) |
See Note 2, , and Note 11, Derivative Instruments and Hedging Activities , for information regarding the location in the consolidated statements of income of gains (losses) reclassified from accumulated other comprehensive loss to income during the years ended December 31, 2020, 2019, and 2018. |
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