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Accumulated Other Comprehensive Income (Loss)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)

14. Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) were as follows:

 

 

 

Foreign

Currency

Translation

Adjustment

 

 

Unrealized Gain

(Loss) from

Invested

Customer Trust

Funds

 

 

Pension

Liability

Adjustment

 

 

Total

 

 

 

(Dollars in millions)

 

Balance as of December 31, 2018

 

$

(207.5

)

 

$

(18.3

)

 

$

(150.1

)

 

$

(375.9

)

Other comprehensive loss before income

   taxes and reclassifications

 

 

29.1

 

 

 

37.7

 

 

 

(0.3

)

 

 

66.5

 

Income tax benefit

 

 

 

 

 

(9.6

)

 

 

(2.4

)

 

 

(12.0

)

Reclassifications to earnings

 

 

 

 

 

 

 

 

10.1

 

 

 

10.1

 

Other comprehensive income

 

 

29.1

 

 

 

28.1

 

 

 

7.4

 

 

 

64.6

 

Cumulative-effect adjustment related to the adoption

   of ASU 2018-02

 

 

 

 

 

0.4

 

 

 

(27.5

)

 

 

(27.1

)

Balance as of December 31, 2019

 

 

(178.4

)

 

 

10.2

 

 

 

(170.2

)

 

 

(338.4

)

Other comprehensive loss before income

   taxes and reclassifications

 

 

18.7

 

 

 

38.4

 

 

 

8.0

 

 

 

65.1

 

Income tax benefit

 

 

 

 

 

(10.2

)

 

 

(5.7

)

 

 

(15.9

)

Reclassifications to earnings

 

 

 

 

 

 

 

 

13.2

 

 

 

13.2

 

Other comprehensive income

 

 

18.7

 

 

 

28.2

 

 

 

15.5

 

 

 

62.4

 

Balance as of December 31, 2020

 

$

(159.7

)

 

$

38.4

 

 

$

(154.7

)

 

$

(276.0

)