Accumulated Other Comprehensive Earnings

12 Months Ended

Dec. 31, 2017

Equity [Abstract]

Accumulated Other Comprehensive Earnings

18. Accumulated Other Comprehensive Earnings

The after-tax components of our accumulated comprehensive earnings (loss) attributable to controlling interests consist of the following:

	Pension Liability			Foreign Currency Translation			Fair Value of Derivative Instruments			Accumulated Comprehensive Earnings (Loss)
Balance as of January 1, 2015	$	(44.2	)	$	(216.3	)	$	(0.1	)	$	(260.6	)
Net change in period		1.3			(261.1	)		(2.1	)		(261.9	)
Balance as of December 31, 2015		(42.9	)		(477.4	)		(2.2	)		(522.5	)
Net change in period		(4.4	)		(231.8	)		(4.9	)		(241.1	)
Balance as of December 31, 2016		(47.3	)		(709.2	)		(7.1	)		(763.6	)
Net change in period		4.3			183.4			16.0			203.7
Balance as of December 31, 2017	$	(43.0	)	$	(525.8	)	$	8.9		$	(559.9	)

The foreign currency translation in 2017, 2016 and 2015 primarily relates to the net impact of changes in the value of the local currencies relative to the U.S. dollar for our operations in Australia, Canada, the Caribbean, India, New Zealand and the U.K.

During 2017, 2016 and 2015, $5.0 million, $5.3 million and $6.2 million, respectively, of expense related to the pension liability was reclassified from accumulated other comprehensive earnings (loss) to compensation expense in the statement of earnings. During 2017, 2016 and 2015, $5.2 million of expense, $8.2 million of expense and $0.7 million of income, respectively, related to the fair value of derivative investments, was reclassified from accumulated other comprehensive earnings (loss) to the statement of earnings. During 2017, 2016 and 2015, no amounts related to foreign currency translation were reclassified from accumulated other comprehensive earnings (loss) to the statement of earnings.