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Accumulated Other Comprehensive Earnings (Loss)
 6 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Earnings (Loss)
17.
Accumulated Other Comprehensive Earnings (Loss)
The after-tax components of our accumulated other comprehensive earnings (loss) attributable to controlling interests consist of the following:
  
Pension
Liability
   
Foreign
Currency
Translation
   
Fair Value of
Derivative
Investments
   
Accumulated
Comprehensive
Earnings (Loss)
 
Balance as of December 31, 2018
   $
(61.2
 )   $
(719.0
 )   $
(5.4
 )   $
(785.6
 )
Cumulative effect of adoption of new accounting standards
    
—  
      
—  
      
(0.2
 )    
(0.2
 )
Net change in period
    
2.4
      
13.8
      
(32.9
 )    
(16.7
 )
                                 
Balance as of June 30, 2019
   $
(58.8
 )   $
(705.2
 )   $
(38.5
 )   $
(802.5
 )
                                 
 
The foreign currency translation durin
g the
six-month
period ended June 30, 2019 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 the
six-month
periods ended June 30, 2019 and 2018, $3.6 million and $2.4 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 the
six-month
periods ended June 30, 2019 and 2018, $1.9 million of income and $3.1 million of expense, respectively, related to the fair value of derivative investments, was reclassified from accumulated other comprehensive earnings (loss) to the statement of earnings. During the
six-month
periods ended June 30, 2019 and 2018, no amounts related to foreign currency translation were reclassified from accumulated other comprehensive earnings (loss) to the statement of earnings.