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Accumulated Other Comprehensive Loss (AOCL) (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the components of AOCL, net of tax and noncontrolling interest, for the nine months ended September 30, 2024 and 2023 are as follows (in thousands):
September 30, 2024
Cumulative Foreign Currency Translation
Unrealized (Losses) Gains on Derivative Instruments
Total Accumulated Other Comprehensive Loss Attributable to Corpay
Balance at December 31, 2023$(1,258,282)$(30,817)$(1,289,099)
Other comprehensive (loss) income before reclassifications
(120,204)(31,461)(151,665)
Amounts reclassified from AOCL— (38,100)(38,100)
Tax effect — 16,890 16,890 
Other comprehensive (loss) income, net of tax
(120,204)(52,671)(172,875)
Balance at September 30, 2024$(1,378,486)$(83,488)$(1,461,974)
Other comprehensive loss attributable to the Company's noncontrolling interest, which are not included in the table above, for the nine months ended September 30, 2024 consisted of foreign currency translation losses of $2.6 million.
September 30, 2023
Cumulative Foreign Currency Translation
Unrealized Gains (Losses) on Derivative Instruments
Total Accumulated Other Comprehensive (Loss) Income Attributable to Corpay
Balance at December 31, 2022$(1,518,640)$8,990 $(1,509,650)
Other comprehensive (loss) income before reclassifications
(16,387)71,500 55,113 
Amounts reclassified from AOCL120,269 (24,603)95,666 
Tax effect — (3,063)(3,063)
Other comprehensive income, net of tax
103,882 43,834 147,716 
Balance at September 30, 2023$(1,414,758)$52,824 $(1,361,934)