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Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Earnings (Loss)
17.
Accumulated Other Comprehensive Loss
The
after-tax
components of our accumulated other comprehensive loss attributable to controlling interests consist of the following:
  
Pension
Liability
 
  
Foreign
Currency
Translation
 
  
Fair Value of
Derivative
Investments
 
  
Accumulated
Comprehensive
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
   
3.4
     
(84.9
 )    
(57.8
 )    
(139.3
 )
                                 
Balance as of September 30, 2019
  $
(57.8
 )   $
(803.9
 )   $
(63.4
 )   $
(925.1
 )
                                 
The foreign currency translation during the nine-month period ended September 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 nine-month periods ended September 30, 2019 and 2018, $5.4 million and $3.7 million, respectively, of expense related to the pension liability was reclassified from accumulated other comprehensive loss to compensation expense in the statement of earnings. During the nine-month periods ended September 30, 2019 and 2018, $3.0 million of income and $4.2 million of expense, respectively, related to the fair value of derivative investments, was reclassified from accumulated other comprehensive loss to the statement of earnings. During the
nine-month
periods ended September 30, 2019 and 2018, no amounts related to foreign currency translation were reclassified from accumulated other comprehensive loss to the statement of earnings.