Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2021

Accumulated Other Comprehensive Income (Loss)

A summary of changes in accumulated other comprehensive income (loss), net of taxes (where applicable) by component for the year ended December 31, 2021 and 2020 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 income (loss) before reclassifications	(15.3)		78.7		(0.5)		62.9
Amounts reclassified from accumulated other comprehensive loss	—		(12.8)		—		(12.8)
Net current-period other comprehensive income (loss)	(15.3)		65.9		(0.5)		50.1
Cumulative effect of adoption of ASU 2016-13	—		5.7		—		5.7
Balance, December 31, 2020	(37.9)		105.1		(8.6)		58.6
Other comprehensive (loss) income before reclassifications	2.6		(77.4)		1.5		(73.3)
Amounts reclassified from accumulated other comprehensive income	—		(8.0)		—		(8.0)
Net current-period other comprehensive (loss) income	2.6		(85.4)		1.5		(81.3)
Balance, December 31, 2021	$	(35.3)	$	19.7	$	(7.1)	$	(22.7)

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 Income (Loss):


	For the Years Ended December 31,
(in millions)	2021		2020		2019
Unrealized gains and losses on securities:
Net realized investment losses (gains)	$	(12.2)	$	(12.8)	$	9.9
(Benefit) provision for income taxes	4.2		—		(1.2)
Net of taxes	$	(8.0)	$	(12.8)	$	8.7