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Changes in Accumulated Other Comprehensive Income/(Loss) by Component (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Reconciliation of Changes in Accumulated Other Comprehensive Income/(Loss) by Component

The following is a reconciliation of changes in accumulated other comprehensive income/(loss) by component for the periods presented:

 

 

 

Gains and

(Losses) on

Cash Flow

Hedges

 

 

Defined

Benefit

Pension

Plans

 

 

Cumulative

Foreign

Currency

Translation

Adjustment

 

 

Total

 

Accumulated Other Comprehensive Income (Loss) by Component, January 1, 2021

 

$

(21.5

)

 

$

(3.7

)

 

$

46.3

 

 

$

21.1

 

Reclassification of interest rate swap to income, net of tax

 

 

2.4

 

 

 

 

 

 

 

 

 

2.4

 

Foreign currency translation adjustments, net of tax

 

 

 

 

 

 

 

 

(43.0

)

 

 

(43.0

)

Net current-period Other Comprehensive Income (Loss)

 

 

2.4

 

 

 

 

 

 

(43.0

)

 

 

(40.6

)

Accumulated Other Comprehensive Income (Loss) by Component, March 31, 2021

 

$

(19.1

)

 

$

(3.7

)

 

$

3.3

 

 

$

(19.5

)

 

 

 

Gains and

(Losses) on

Cash Flow

Hedges

 

 

Defined

Benefit

Pension

Plans

 

 

Cumulative

Foreign

Currency

Translation

Adjustment

 

 

Total

 

Accumulated Other Comprehensive Loss by Component, January 1, 2020

 

$

(16.5

)

 

$

(1.5

)

 

$

(71.9

)

 

$

(89.9

)

Change in fair value of interest rate swap, net of tax

 

 

(11.7

)

 

 

 

 

 

 

 

 

(11.7

)

Pension adjustments, net of tax

 

 

 

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Change in fair value of net investment hedge, net of tax

 

 

 

 

 

 

 

 

31.3

 

 

 

31.3

 

Foreign currency translation adjustments, net of tax

 

 

 

 

 

 

 

 

(58.4

)

 

 

(58.4

)

Net current-period Other Comprehensive Loss

 

 

(11.7

)

 

 

(0.1

)

 

 

(27.1

)

 

 

(38.9

)

Accumulated Other Comprehensive Loss by Component, March 31, 2020

 

$

(28.2

)

 

$

(1.6

)

 

$

(99.0

)

 

$

(128.8

)