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Comprehensive Income
6 Months Ended
Jun. 30, 2020
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Comprehensive Income
Comprehensive Income
The following tables present the tax effects allocated to each component of Other comprehensive income (loss):
 
For the Three Months Ended June 30,
 
2019
 
2020
 
Pre-Tax
 
Tax Benefit
 
Net of Tax
 
Pre-Tax
 
Tax Expense
 
Net of Tax
Foreign currency translation gain (loss)
$
12.1

 
$
(6.9
)
 
$
5.2

 
$
(23.9
)
 
$
0.7

 
$
(23.2
)
Change in net realized and unrealized loss on derivative financial instruments
(0.7
)
 

 
(0.7
)
 
(1.6
)
 
0.3

 
(1.3
)
Other comprehensive income (loss)
$
11.4

 
$
(6.9
)
 
$
4.5

 
$
(25.5
)
 
$
1.0

 
$
(24.5
)

 
For the Six Months Ended June 30,
 
2019
 
2020
 
Pre-Tax
 
Tax Expense
 
Net of Tax
 
Pre-Tax
 
Tax Benefit
(Expense)
 
Net of Tax
Foreign currency translation gain (loss)
$
6.6

 
$
6.1

 
$
12.7

 
$
(64.9
)
 
$
(11.2
)
 
$
(76.1
)
Change in net realized and unrealized gain (loss) on derivative securities
0.5

 

 
0.5

 
(2.8
)
 
0.5

 
(2.3
)
Other comprehensive income (loss)
$
7.1

 
$
6.1

 
$
13.2

 
$
(67.7
)
 
$
(10.7
)
 
$
(78.4
)
The components of accumulated other comprehensive loss, net of taxes, were as follows:
 
Foreign
Currency
Translation
Adjustment
 
Realized and
Unrealized Gains (Losses)
on Derivative Financial Instruments
 
Total
Balance, as of December 31, 2019
$
(177.1
)
 
$
1.2

 
$
(175.9
)
Other comprehensive loss before reclassifications
(76.1
)
 
(2.6
)
 
(78.7
)
Amounts reclassified

 
0.3

 
0.3

Net other comprehensive loss
(76.1
)
 
(2.3
)
 
(78.4
)
Balance, as of June 30, 2020
$
(253.2
)
 
$
(1.1
)
 
$
(254.3
)