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Noncontrolling Interests
6 Months Ended
Jun. 30, 2017
Noncontrolling Interests  
Noncontrolling Interests

 

13.Noncontrolling Interests

 

Noncontrolling interests represent the minority shareholders’ proportionate share of the Company’s majority owned subsidiaries. The following table sets forth the changes in noncontrolling interests (in millions):

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

 

2017

 

2016

 

2017

 

2016

 

Balance at beginning of period

 

$

6.9

 

$

7.0

 

$

6.7

 

$

6.8

 

Net income

 

0.6

 

0.3

 

0.7

 

0.3

 

Foreign currency translation adjustments

 

0.4

 

(0.2

)

0.5

 

 

Cash payments to noncontrolling interests

 

(0.5

)

 

(0.5

)

 

 

 

 

 

 

 

 

 

 

 

Balance at end of period

 

$

7.4

 

$

7.1

 

$

7.4

 

$

7.1