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Comprehensive Income (Tables)
6 Months Ended
Jun. 30, 2024
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Tax Effects Allocated to Each Component of Other Comprehensive Income (Loss) The following table presents the tax effects allocated to each component of Other comprehensive income (loss):
For the Three Months Ended June 30,
2023
2024
Pre-Tax
Tax (Expense)
Benefit
Net of Tax
Pre-Tax
Tax
Benefit
Net of Tax
Foreign currency translation gain (loss)
$25.7
$(1.2)
$24.5
$(3.1)
$0.9
$(2.2)
Change in net realized and unrealized gain
(loss) on derivative financial instruments
0.5
0.0
0.5
0.1
0.0
0.1
Change in net unrealized gain (loss) on
available-for-sale debt securities
(0.8)
0.2
(0.6)
(0.0)
(0.0)
Other comprehensive income (loss)
$25.4
$(1.0)
$24.4
$(3.0)
$0.9
$(2.1)
For the Six Months Ended June 30,
2023
2024
Pre-Tax
Tax (Expense)
Benefit
Net of Tax
Pre-Tax
Tax (Expense)
Benefit
Net of Tax
Foreign currency translation gain
$55.2
$(3.9)
$51.3
$6.2
$(2.8)
$3.4
Change in net realized and unrealized gain
(loss) on derivative financial instruments
0.7
0.0
0.7
0.4
0.0
0.4
Change in net unrealized gain (loss) on
available-for-sale debt securities
(0.3)
0.1
(0.2)
0.5
(0.1)
0.4
Other comprehensive income
$55.6
$(3.8)
$51.8
$7.1
$(2.9)
$4.2
Schedule of Components of Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss, net of taxes, were as follows:
Foreign
Currency
Translation
Adjustment
Realized and
Unrealized
Gains (Losses)
on Derivative
Financial
Instruments
Unrealized
Gains (Losses)
on Investment
Available-for-
Sale Debt
Securities
Total
Balance, as of December 31, 2023
$(255.3)
$(0.1)
$(0.5)
$(255.9)
Other comprehensive income before reclassifications
3.4
0.1
0.4
3.9
Amounts reclassified
0.3
0.3
Net other comprehensive income
3.4
0.4
0.4
4.2
Balance, as of June 30, 2024
$(251.9)
$0.3
$(0.1)
$(251.7)