Accumulated Other Comprehensive Loss (Tables)

9 Months Ended

Sep. 30, 2020

Accumulated Other Comprehensive Loss

Schedule of the changes in accumulated other comprehensive loss, net of tax

Changes in accumulated other comprehensive loss, net of tax for the three and nine months ended September 30, 2020 and 2019, were as follows (in millions):

	Three months ended September 30,
	2020						2019
	Foreign		Retirement benefit				Foreign		Retirement benefit
	currency		asset, net		Total		currency		asset, net		Total
Beginning balance	$	(521.0)	$	19.3	$	(501.7)	$	(448.7)	$	24.7	$	(424.0)
Other comprehensive income (loss)		97.6		(0.2)		97.4		(57.7)		—		(57.7)
Amounts reclassified from accumulated other comprehensive loss		(0.2)		0.3		0.1		—		—		—
Total other comprehensive income (loss)		97.4		0.1		97.5		(57.7)		—		(57.7)
Less: other comprehensive loss (income) attributable to noncontrolling interests		(11.0)		—		(11.0)		0.5		—		0.5
Ending balance	$	(434.6)	$	19.4	$	(415.2)	$	(505.9)	$	24.7	$	(481.2)

	Nine months ended September 30,
	2020						2019
	Foreign		Retirement benefit				Foreign		Retirement benefit
	currency		asset, net		Total		currency		asset, net		Total
Beginning balance	$	(386.2)	$	19.1	$	(367.1)	$	(448.2)	$	24.7	$	(423.5)
Other comprehensive income (loss)		(39.5)		—		(39.5)		(58.2)		—		(58.2)
Amounts reclassified from accumulated other comprehensive loss		(1.6)		0.3		(1.3)		—		—		—
Total other comprehensive income (loss)		(41.1)		0.3		(40.8)		(58.2)		—		(58.2)
Less: other comprehensive loss (income) attributable to noncontrolling interests		(7.3)		—		(7.3)		0.5		—		0.5
Ending balance	$	(434.6)	$	19.4	$	(415.2)	$	(505.9)	$	24.7	$	(481.2)

Components of other comprehensive income (loss), net of tax

The components of other comprehensive income (loss), net of tax for the three and nine months ended September 30, 2020 and 2019, were as follows (in millions):

	Three months ended September 30,
	2020						2019
	Pre-tax		Tax		Net		Pre-tax		Tax		Net
	amount		impact		Amount		amount		impact		Amount
Foreign currency translation adjustments	$	98.2	$	(0.6)	$	97.6	$	(58.3)	$	0.6	$	(57.7)
Retirement benefit asset, net		(0.2)		—		(0.2)		—		—		—
Reclassifications to net income		0.1		—		0.1		—		—		—
Total other comprehensive income (loss)	$	98.1	$	(0.6)	$	97.5	$	(58.3)	$	0.6	$	(57.7)

	Nine months ended September 30,
	2020						2019
	Pre-tax		Tax		Net		Pre-tax		Tax		Net
	amount		impact		Amount		amount		impact		Amount
Foreign currency translation adjustments	$	(41.0)	$	1.5	$	(39.5)	$	(60.7)	$	2.5	$	(58.2)
Reclassifications to net income		(1.3)		—		(1.3)		—		—		—
Total other comprehensive income (loss)	$	(42.3)	$	1.5	$	(40.8)	$	(60.7)	$	2.5	$	(58.2)