ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

12 Months Ended

Dec. 31, 2024

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

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


	Year Ended December 31,
	2024		2023		2022
Foreign currency translation, beginning	$	(89.8)	$	(157.0)	$	39.8
Other comprehensive income (loss)(1)	(114.1)		67.2		(196.8)
Foreign currency translation, ending	(203.9)		(89.8)		(157.0)
Interest rate swaps, beginning	87.7		110.2		8.7
Unrealized gain (loss) deferred during the period(2)(3)	(13.1)		(22.5)		101.5
Interest rate swaps, ending	74.6		87.7		110.2
Pension, beginning	(2.4)		0.6		(12.9)
Actuarial gain (loss), net of income taxes(4)	(4.5)		(3.0)		13.5
Pension, ending	(6.9)		(2.4)		0.6
Foreign currency exchange forwards, beginning	—		—		—
Unrealized gain (loss) deferred during the period(5)	(12.6)		—		—
Foreign currency exchange forwards, ending	(12.6)		—		—
Accumulated other comprehensive (loss) income	$	(148.8)	$	(4.5)	$	(46.2)

(1)For the year ended December 31, 2024 and 2023 foreign currency translation included tax effects of $2.0 and $(0.7), respectively, refer to "Note 9 - Income taxes" for additional information.

(2)During the year ended December 31, 2024, 2023, and 2022, $41.7, $38.9, and $2.4 respectively, was reclassified into earnings.

(3)For the year ended December 31, 2024 and 2023 interest rate swaps included tax effects of $4.0 and $6.9, respectively.

(4)For the year ended December 31, 2024 and 2023 pension included tax effects of $(0.3) and $0.7, respectively.

(5)For the year ended December 31, 2024 cash flow hedges included tax effects of $3.8.