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Foreign Currency Translation (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Summary of Impact of Translating Financial Statements of Company's International Subsidiaries

Below is a summary of the impact of translating the June 30, 2023 and June 30, 2022 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

Other Comprehensive Income (Loss) for

 

 

 

Exchange Rate as of

 

 

Six Months Ended

 

Country

 

June 30, 2023

 

 

December 31, 2022

 

 

June 30, 2023

 

June 30, 2022

 

Brazil

 

 

4.83

 

 

 

5.29

 

 

$

6.6

 

$

2.4

 

Chile

 

 

803.01

 

 

 

852.00

 

 

 

4.1

 

 

(5.2

)

Peru

 

 

3.67

 

 

 

3.81

 

 

 

0.9

 

 

1.0

 

All other

 

 

 

 

 

 

 

 

0.6

 

 

0.5

 

 

 

 

 

 

 

 

 

$

12.2

 

$

(1.3

)

As noted above, beginning July 1, 2018, Argentina was deemed highly inflationary. For the six months ended June 30, 2023 and 2022 the Company recorded a foreign currency exchange loss of $8.0, excluding the impact of the Blue Chip Swap transactions noted above, and a loss of $2.0, respectively, due to the translation of Argentina's financial results to U.S. dollars.