Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Loss

v3.23.3
Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE LOSS

12. ACCUMULATED OTHER COMPREHENSIVE LOSS

The following tables present changes in accumulated other comprehensive loss by component:

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at December 31, 2022

 

$

8.5

 

 

$

(67.9

)

 

$

(59.4

)

Other comprehensive loss before reclassifications

 

 

(2.6

)

 

 

(7.6

)

 

 

(10.2

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

4.0

 

 

 

—

 

 

 

4.0

 

Tax effect

 

 

(0.4

)

 

 

1.1

 

 

 

0.7

 

Net current period other comprehensive income (loss)

 

 

1.0

 

 

 

(6.5

)

 

 

(5.5

)

Balance at September 30, 2023

 

$

9.5

 

 

$

(74.4

)

 

$

(64.9

)

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized
Gains and
(Losses) on
Derivative Instruments

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at January 1, 2022

 

$

(1.4

)

 

$

(47.6

)

 

$

(49.0

)

Other comprehensive income (loss) before reclassifications

 

 

14.8

 

 

 

(59.7

)

 

 

(44.9

)

Amounts reclassified from accumulated other comprehensive loss, net of tax

 

 

(1.1

)

 

 

—

 

 

 

(1.1

)

Tax effect

 

 

(3.2

)

 

 

12.6

 

 

 

9.4

 

Net current period other comprehensive income (loss)

 

 

10.5

 

 

 

(47.1

)

 

 

(36.5

)

Balance at October 1, 2022

 

$

9.2

 

 

$

(94.7

)

 

$

(85.5

)