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Comprehensive Income
12 Months Ended
Dec. 31, 2024
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 Year Ended December 31, 2022
 
Pre-Tax
Tax Benefit
Net of Tax
Foreign currency translation loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(144.1)
$2.8
$(141.3)
Change in net realized and unrealized gain (loss) on derivative financial
instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(0.5)
0.0
(0.5)
Change in net unrealized gain (loss) on available-for-sale debt securities . . . .
(1.3)
0.3
(1.0)
Other comprehensive loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(145.9)
$3.1
$(142.8)
 
For the Year Ended December 31, 2023
 
Pre-Tax
Tax (Expense)
Benefit
Net of Tax
Foreign currency translation gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$44.8
$(3.7)
$41.1
Change in net realized and unrealized gain (loss) on derivative financial
instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0.3
0.0
0.3
Change in net unrealized gain (loss) on available-for-sale debt securities . . . .
0.5
0.0
0.5
Other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$45.6
$(3.7)
$41.9
 
For the Year Ended December 31, 2024
 
Pre-Tax
Tax Expense
Net of Tax
Foreign currency translation gain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$11.0
$(9.5)
$1.5
Change in net realized and unrealized gain (loss) on derivative financial
instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0.5
0.5
Change in net unrealized gain (loss) on available-for-sale debt securities . . . .
0.5
(0.4)
0.1
Other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$12.0
$(9.9)
$2.1
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
Unrealized
Gains
(Losses) on
Available-
for-Sale
Debt
Securities
Total
Balance, as of December 31, 2022 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(296.4)
$(0.4)
$(1.0)
$(297.8)
Other comprehensive income before reclassifications . . . . . . . . . . . . . . .
41.1
1.9
0.5
43.5
Amounts reclassified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(1.6)
(1.6)
Net other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
41.1
0.3
0.5
41.9
Balance, as of December 31, 2023 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(255.3)
$(0.1)
$(0.5)
$(255.9)
Other comprehensive income (loss) before reclassifications . . . . . . . . . .
1.5
(0.2)
0.1
1.4
Amounts reclassified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
0.7
0.7
Net other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.5
0.5
0.1
2.1
Balance, as of December 31, 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$(253.8)
$0.4
$(0.4)
$(253.8)