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Noncontrolling Interests
6 Months Ended
Jun. 30, 2018
Noncontrolling Interests  
Noncontrolling Interests

 

15.    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,

 

 

 

2018

 

2017

 

2018

 

2017

 

Balance at beginning of period

 

$

8.8

 

$

6.9

 

$

8.1

 

$

6.7

 

Net income

 

0.3

 

0.6

 

0.7

 

0.7

 

Foreign currency translation adjustments

 

(0.4

)

0.4

 

(0.3

)

0.5

 

Impact of ASC 606 adoption

 

 

(0.5

)

0.2

 

(0.5

)

 

 

 

 

 

 

 

 

 

 

Balance at end of period

 

$

8.7

 

$

7.4

 

$

8.7

 

$

7.4