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OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income/(Loss)
The components of accumulated other comprehensive income/(loss) were as follows:

For the three months ended June 30, 2023
$ in millionsForeign currency translationEmployee benefit plansTotal
Other comprehensive income/(loss), net of tax:
Currency translation differences on investments in foreign subsidiaries
63.8 — 63.8 
Other comprehensive income/(loss), net— 0.8 0.8 
Other comprehensive income/(loss), net of tax63.8 0.8 64.6 
Beginning balance(759.9)(123.0)(882.9)
Other comprehensive income/(loss), net of tax63.8 0.8 64.6 
Ending balance(696.1)(122.2)(818.3)

For the three months ended June 30, 2022
$ in millionsForeign currency translationEmployee benefit plansTotal
Other comprehensive income/(loss), net of tax:
Currency translation differences on investments in foreign subsidiaries
(292.9)— (292.9)
Other comprehensive income/(loss), net0.3 0.3 
Other comprehensive income/(loss), net of tax(292.9)0.3 (292.6)
Beginning balance(419.1)(89.4)(508.5)
Other comprehensive income/(loss), net of tax(292.9)0.3 (292.6)
Ending balance(712.0)(89.1)(801.1)

For the six months ended June 30, 2023
$ in millionsForeign currency translationEmployee benefit plansTotal
Other comprehensive income/(loss), net of tax:
Currency translation differences on investments in foreign subsidiaries
118.9 — 118.9 
Other comprehensive income/(loss), net— 5.2 5.2 
Other comprehensive income/(loss), net of tax118.9 5.2 124.1 
Beginning balance(815.0)(127.4)(942.4)
Other comprehensive income/(loss), net of tax118.9 5.2 124.1 
Ending balance(696.1)(122.2)(818.3)

For the six months ended June 30, 2022
$ in millionsForeign currency translationEmployee benefit plansTotal
Other comprehensive income/(loss), net of tax:
Currency translation differences on investments in foreign subsidiaries
(360.1)— (360.1)
Other comprehensive income/(loss), net0.5 0.5 
Other comprehensive income/(loss), net of tax(360.1)0.5 (359.6)
Beginning balance(351.9)(89.6)(441.5)
Other comprehensive income/(loss), net of tax(360.1)0.5 (359.6)
Ending balance(712.0)(89.1)(801.1)