Annual report pursuant to Section 13 and 15(d)

Shareholders' Deficit (Tables)

v3.22.4
Shareholders' Deficit (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
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, 2022, 2021, and 2020:

 

 

 

Changes in Accumulated Other Comprehensive Loss by Component

 

 

 

Foreign Currency
Translation
Adjustments

 

 

Unrealized (Loss) Gain on Derivatives

 

 

Total

 

 

 

(in millions)

 

Balance as of December 31, 2019

 

$

(211.6

)

 

$

(0.9

)

 

$

(212.5

)

Other comprehensive income before reclassifications, net of tax

 

 

33.2

 

 

 

1.7

 

 

 

34.9

 

Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1)

 

 

 

 

 

(4.6

)

 

 

(4.6

)

Total other comprehensive income (loss), net of reclassifications

 

 

33.2

 

 

 

(2.9

)

 

 

30.3

 

Balance as of December 31, 2020

 

 

(178.4

)

 

 

(3.8

)

 

 

(182.2

)

Other comprehensive (loss) income before reclassifications, net of tax

 

 

(33.2

)

 

 

0.2

 

 

 

(33.0

)

Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1)

 

 

 

 

 

3.4

 

 

 

3.4

 

Total other comprehensive (loss) income, net of reclassifications

 

 

(33.2

)

 

 

3.6

 

 

 

(29.6

)

Balance as of December 31, 2021

 

 

(211.6

)

 

 

(0.2

)

 

 

(211.8

)

Other comprehensive loss before reclassifications, net of tax

 

 

(36.6

)

 

 

(4.8

)

 

 

(41.4

)

Amounts reclassified from accumulated other comprehensive loss to income, net of tax(1)

 

 

 

 

 

3.0

 

 

 

3.0

 

Total other comprehensive loss, net of reclassifications

 

 

(36.6

)

 

 

(1.8

)

 

 

(38.4

)

Balance as of December 31, 2022

 

$

(248.2

)

 

$

(2.0

)

 

$

(250.2

)

 

(1) See Note 2, Basis of Presentation, and Note 11, Derivative Instruments and Hedging Activities, for information regarding the location within the consolidated statements of income of gains (losses) reclassified from accumulated other comprehensive loss to income during the years ended December 31, 2022, 2021, and 2020.