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Accumulated Other Comprehensive Loss
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Loss

16.  Accumulated Other Comprehensive Loss

The after-tax components of our accumulated other comprehensive loss attributable to controlling interests consist of the following:  

 

 

 

 

 

 

 

Foreign

 

 

Fair Value of

 

 

Accumulated

 

 

 

Pension

 

 

Currency

 

 

Derivative

 

 

Comprehensive

 

 

 

Liability

 

 

Translation

 

 

Investments

 

 

Loss

 

Balance as of December 31, 2019

 

$

(56.5

)

 

$

(674.8

)

 

$

(28.3

)

 

$

(759.6

)

Net change in period

 

 

1.2

 

 

 

(130.6

)

 

 

(93.2

)

 

 

(222.6

)

Balance as of June 30, 2020

 

$

(55.3

)

 

$

(805.4

)

 

$

(121.5

)

 

$

(982.2

)

 

The foreign currency translation during the six-month period ended June 30, 2020 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, 2020 and 2019, $3.1 million and $3.6 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 six-month periods ended June 30, 2020 and 2019, $2.5 million and $1.9 million of income, respectively, related to the fair value of derivative investments, was reclassified from accumulated other comprehensive loss to the statement of earnings.  During the six‑month periods ended June 30, 2020 and 2019, no amounts related to foreign currency translation were reclassified from accumulated other comprehensive loss to the statement of earnings.