Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2020

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income

Accumulated Other Comprehensive (Loss) Income

A summary of changes in accumulated other comprehensive (loss) income, net of taxes (where applicable) by component for the nine months ended September 30, 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	(12.3)		55.9		—		43.6
Amounts reclassified from accumulated other comprehensive loss	—		(15.2)		—		(15.2)
Net current-period other comprehensive loss	(12.3)		40.7		—		28.4
Cumulative effect of adoption of ASU 2016-13	—		5.7		—		5.7
Balance, September 30, 2020	$	(34.9)	$	79.9	$	(8.1)	$	36.9

(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	(0.1)		76.2		—		76.1
Amounts reclassified from accumulated other comprehensive income	—		6.7		—		6.7
Net current-period other comprehensive income	(0.1)		82.9		—		82.8
Balance, September 30, 2019	$	(22.5)	$	33.9	$	(6.7)	$	4.7

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 September 30,				For the Nine Months Ended September 30,
(in millions)	2020		2019		2020		2019
Unrealized gains and losses on securities:
Net realized investment (gains) loss	$	4.5	$	2.8	$	(15.4)	$	7.7
Provision (benefit) for income taxes	(0.5)		(0.3)		0.2		(1.0)
Net of taxes	$	4.0	$	2.5	$	(15.2)	$	6.7