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Accumulated Other Comprehensive Earnings
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Accumulated Other Comprehensive Earnings
21.
Accumulated Other Comprehensive Earnings
The
after-tax
components of our accumulated comprehensive earnings (loss) attributable to controlling interests consist of the following:
  
Pension
Liability
 
  
Foreign
Currency
Translation
 
  
Fair Value
of Derivative
Instruments
 
  
Accumulated
Comprehensive
Earnings (Loss)
 
Balance as of January 1, 2017
  $
(47.3
 )   $
(702.2
 )   $
(7.1
 )   $
(756.6
 )
Adoption of Topic 606
   
—  
      
(2.5
 )    
—  
      
(2.5
 )
Net change in period
   
4.3
     
183.4
     
16.0
     
203.7
 
                                 
Balance as of December 31, 2017
   
(43.0
 )    
(521.3
 )    
8.9
     
(555.4
 )
Reclassification to retained earnings of income tax effects related to the Tax Act
   
(7.9
 )    
—  
      
1.3
     
(6.6
 )
Net change in period
   
(10.3
 )    
(197.7
 )    
(15.6
 )    
(223.6
 )
                                 
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
   
4.7
     
44.2
     
(22.7
 )    
26.2
 
                                 
Balance as of December 31, 2019
  $
(56.5
 )   $
(674.8
 )   $
(28.3
 )   $
(759.6
 )
                                 
The foreign currency translation in 2019, 2018 and 2017 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 2019, 2018 and 2017, $7.0 million, $4.9 million and $5.0 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 2019, 2018 and 2017, $5.2 million of expense, $5.7 million of income and $5.2 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 2019, 2018 and 2017,
no
amounts related to foreign currency translation were reclassified from accumulated other comprehensive loss to the statement of earnings.