Accumulated Other Comprehensive (Loss) Income

3 Months Ended

Mar. 31, 2020

Accumulated Other Comprehensive (Loss) Income

A summary of changes in accumulated other comprehensive (loss) income, net of taxes (where applicable) by component for the three months ended March 31, 2020, and 2019 is presented below:


(in millions)	Foreign Currency Translation Adjustments		Unrealized Holding Gains on Securities		Defined Benefit Pension Plans		Total
Balance, January 1, 2020	$	(22.6)	$	33.5	$	(8.1)	$	2.8
Other comprehensive loss before reclassifications	(3.4)		(101.7)		—		(105.1)
Amounts reclassified from accumulated other comprehensive loss	—		(5.3)		—		(5.3)
Net current-period other comprehensive loss	(3.4)		(107.0)		—		(110.4)
Cumulative effect of adoption of ASU 2016-13	—		5.7		—		5.7
Balance at March 31, 2020	$	(26.0)	$	(67.8)	$	(8.1)	$	(101.9)


(in millions)	Foreign Currency Translation Adjustments		Unrealized Holding Gains on Securities		Defined Benefit Pension Plans		Total
Balance, January 1, 2019	$	(22.4)	$	(49.0)	$	(6.7)	$	(78.1)
Other comprehensive income before reclassifications	0.2		47.7		—		47.9
Amounts reclassified from accumulated other comprehensive income	—		2.6		—		2.6
Net current-period other comprehensive income	0.2		50.3		—		50.5
Balance at March 31, 2019	$	(22.2)	$	1.3	$	(6.7)	$	(27.6)

The amounts reclassified from accumulated other comprehensive (loss) income shown in the above table have been included in the following captions in our Consolidated Statements of (Loss) Income:


	For the Three Months Ended March 31,
(in millions)	2020		2019
Unrealized gains and losses on securities:
Net realized investment (gains) loss	$	(3.4)	$	3.1
Benefit for income taxes	(1.9)		(0.5)
Net of taxes	$	(5.3)	$	2.6