Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2022

Accumulated Other Comprehensive Income (Loss)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Activity in accumulated other comprehensive income (loss) is as follows:


	Three months ended March 31, 2022		Three months ended March 31, 2021
Foreign currency translation, beginning	$	39.8	$	104.9
Other comprehensive income (loss)	(36.3)		36.1
Foreign currency translation, ending	3.5		68.8
Interest rate swaps, beginning	8.7		(32.8)
Unrealized gain (loss) deferred during the period (1)	54.2		33.9
Interest rate swaps, ending	62.9		1.1
Pension, beginning	(12.9)		(19.7)
Actuarial gain (losses) recognized during the period, net of income taxes	0.1		(0.8)
Pension, ending	(12.8)		(20.5)
Tax receivable agreement, beginning	—		(0.9)
Unrealized gain (loss) during the period (2)	—		4.1
Tax receivable agreement, ending	—		3.2
Accumulated other comprehensive income (loss)	$	53.6	$	52.6

(1)During the three months ended March 31, 2022 and 2021, $2.6 and $2.7, respectively, was reclassified into earnings.

(2)The fair value movement on the Tax Receivable Agreement attributable to our own credit risk spread was recorded in "Other comprehensive income (loss)" prior to the amended Tax Receivable Agreement.