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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Loss

11. Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss were as follows:

 

 

 

Foreign

Currency

Translation

Adjustment

 

 

Unrealized Gain

(Loss) from

Invested

Customer Funds

 

 

Pension

Liability

Adjustment

 

 

Total

 

 

 

(Dollars in millions)

 

Balance as of December 31, 2020

 

$

(159.7

)

 

$

38.4

 

 

$

(154.7

)

 

$

(276.0

)

Other comprehensive income (loss) before income

   taxes and reclassifications

 

 

24.0

 

 

 

(22.1

)

 

 

0.1

 

 

 

2.0

 

Income tax benefit (expense)

 

 

 

 

 

5.8

 

 

 

(2.0

)

 

 

3.8

 

Reclassifications to earnings

 

 

 

 

 

 

 

 

7.5

 

 

 

7.5

 

Other comprehensive (loss) income

 

 

24.0

 

 

 

(16.3

)

 

 

5.6

 

 

 

13.3

 

Balance as of June 30, 2021

 

$

(135.7

)

 

$

22.1

 

 

$

(149.1

)

 

$

(262.7

)