Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2023

The components of accumulated other comprehensive loss are as follows:


	Foreign currency translation adjustments (1)		Pension liability adjustments, net of taxes		Accumulated other comprehensive loss
Balance at June 30, 2023	$	(48.2)	$	(7.2)	$	(55.4)
Other comprehensive loss before reclassifications, net of taxes	(48.1)		—		(48.1)
Amounts reclassified from accumulated other comprehensive loss, net of income taxes	—		0.2		0.2
Net current-period other comprehensive (loss) income, net of taxes	(48.1)		0.2		(47.9)
Balance at September 30, 2023	$	(96.3)	$	(7.0)	$	(103.3)

	Foreign currency translation adjustments		Pension liability adjustments, net of taxes		Accumulated other comprehensive loss
Balance at June 30, 2022	$	(52.3)	$	(6.3)	$	(58.6)
Other comprehensive loss before reclassifications, net of taxes	(32.1)		—		(32.1)
Amounts reclassified from accumulated other comprehensive income, net of taxes	—		0.1		0.1
Net current-period other comprehensive (loss) income, net of taxes	(32.1)		0.1		(32.0)
Balance at September 30, 2022	$	(84.4)	$	(6.2)	$	(90.6)

	Foreign currency translation adjustments		Pension liability adjustments, net of taxes		Accumulated other comprehensive loss
Balance at December 31, 2022	$	(50.5)	$	(7.5)	$	(58.0)
Other comprehensive loss before reclassifications, net of taxes	(45.8)		—		(45.8)
Amounts reclassified from accumulated other comprehensive loss, net of taxes	—		0.5		0.5
Net current-period other comprehensive (loss) income, net of taxes	(45.8)		0.5		(45.3)
Balance at September 30, 2023	$	(96.3)	$	(7.0)	$	(103.3)

	Foreign currency translation adjustments		Pension liability adjustments, net of taxes		Accumulated other comprehensive loss
Balance at December 31, 2021	$	(15.2)	$	(6.5)	$	(21.7)
Other comprehensive loss before reclassifications, net of taxes	(69.2)		—		(69.2)
Amounts reclassified from accumulated other comprehensive loss, net of taxes	—		0.3		0.3
Net current-period other comprehensive (loss) income, net of taxes	(69.2)		0.3		(68.9)
Balance at September 30, 2022	$	(84.4)	$	(6.2)	$	(90.6)

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(1)Foreign currency translation adjustments includes translation adjustments and net investment hedge, net of taxes. See Note 11, “Derivative Financial Instruments,” for further information related to the net investment hedge.