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Accumulated Other Comprehensive Loss (AOCI) (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the components of AOCI for the six months ended June 30, 2020 and 2019 are as follows (in thousands):
Cumulative Foreign Currency Translation Unrealized Gains/Losses on Derivative InstrumentsTotal Accumulated Other Comprehensive (Loss) Income
Balance at January 1, 2020$(929,713) $(42,752) $(972,465) 
Other comprehensive loss before reclassifications (566,861) (85,554) (652,415) 
Amounts reclassified from AOCI —  14,729  14,729  
Tax effect —  28,176  28,176  
Other comprehensive loss(566,861) (42,649) (609,510) 
Balance at June 30, 2020$(1,496,574) $(85,401) $(1,581,975) 


Cumulative Foreign Currency Translation Unrealized Gains/Losses on Derivative InstrumentsTotal Accumulated Other Comprehensive (Loss) Income
Balance at January 1, 2019$(913,858) $—  $(913,858) 
Other comprehensive income (loss) before reclassifications 32,035  (69,097) (37,062) 
Amounts reclassified from AOCI —  602  602  
Tax effect —  22,121  22,121  
Other comprehensive income (loss)32,035  (46,374) (14,339) 
Balance at June 30, 2019$(881,823) $(46,374) $(928,197)