Changes in accumulated other comprehensive loss by component

6 Months Ended

Jun. 30, 2020

Changes in accumulated other comprehensive loss by component

Changes in accumulated other comprehensive loss by component

3. Changes in accumulated other comprehensive loss by component

The changes in accumulated other comprehensive (loss) income by component were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Foreign currency translation
Balance at beginning of period	$	(151.8)	$	(144.2)	$	(140.6)	$	(146.4)
Other comprehensive income (loss):
Foreign currency translation adjustments(1)		4.9		2.7		(6.3)		4.9
Balance at end of period	$	(146.9)	$	(141.5)	$	(146.9)	$	(141.5)
Pension
Balance at beginning and end of period (2)	$	(1.7)	$	(1.4)	$	(1.7)	$	(1.4)
Cash flow hedges
Balance at beginning of period	$	1.3	$	1.5	$	1.6	$	1.6
Other comprehensive (loss) income:
Net change from periodic revaluations		(0.1)		0.1		(0.7)		0.1
Tax benefit		—		—		0.2		—
Total other comprehensive (loss) income before reclassifications, net of tax		(0.1)		0.1		(0.5)		0.1
Net amount reclassified to earnings:
Interest rate swaps(3)		0.1		(0.2)		0.3		(0.4)
Tax (expense) benefit		—		—		(0.1)		0.1
Total amount reclassified from accumulated other comprehensive income, net of tax		0.1		(0.2)		0.2		(0.3)
Total other comprehensive loss		—		(0.1)		(0.3)		(0.2)
Balance at end of period	$	1.3	$	1.4	$	1.3	$	1.4

(1) In all periods presented, there were no tax impacts related to rate changes and no amounts were reclassified to earnings.

(2) Quarterly activity was immaterial.

(3) This amount was included in interest expense, net on the accompanying condensed consolidated statements of operations.