| Accumulated Other Comprehensive Earnings (Loss) |
Accumulated Other Comprehensive Earnings (Loss)
Accumulated other comprehensive earnings (loss) included in our consolidated balance sheets and statements of equity reflect the aggregate impact of foreign currency translation adjustments and pension-related adjustments and other. The changes in the components of accumulated other comprehensive earnings (loss), net of taxes, are summarized as follows: | | | | | | | | | | | | | | | | | | | | | | Liberty Global shareholders | | | | | | Foreign currency translation adjustments | | Pension- related adjustments and other | | Accumulated other comprehensive earnings (loss) | | Noncontrolling interests | | Total accumulated other comprehensive earnings (loss) | | in millions | | | | | | | | | | | Balance at January 1, 2016 | $ | 979.2 |
| | $ | (83.3 | ) | | $ | 895.9 |
| | $ | (2.8 | ) | | $ | 893.1 |
| Other comprehensive loss | (1,251.8 | ) | | (16.5 | ) | | (1,268.3 | ) | | (3.1 | ) | | (1,271.4 | ) | Balance at December 31, 2016 | (272.6 | ) | | (99.8 | ) | | (372.4 | ) | | (5.9 | ) | | (378.3 | ) | Other comprehensive earnings | 1,942.8 |
| | 0.3 |
| | 1,943.1 |
| | 1.7 |
| | 1,944.8 |
| Impact of the Split-off Transaction | 56.4 |
| | 28.9 |
| | 85.3 |
| | — |
| | 85.3 |
| Balance at December 31, 2017 | 1,726.6 |
| | (70.6 | ) | | 1,656.0 |
| | (4.2 | ) | | 1,651.8 |
| Other comprehensive loss | (1,007.3 | ) | | (16.9 | ) | | (1,024.2 | ) | | 0.2 |
| | (1,024.0 | ) | Balance at December 31, 2018 | $ | 719.3 |
| | $ | (87.5 | ) | | $ | 631.8 |
| | $ | (4.0 | ) | | $ | 627.8 |
|
The components of other comprehensive earnings (loss), net of taxes, are reflected in our consolidated statements of comprehensive earnings (loss). The following table summarizes the tax effects related to each component of other comprehensive earnings (loss), net of amounts reclassified to our consolidated statements of operations: | | | | | | | | | | | | | | | | Pre-tax amount | | Tax benefit (expense) | | Net-of-tax amount | | | in millions | Year ended December 31, 2018: | | | | | | | Foreign currency translation adjustments | | $ | (897.9 | ) | | $ | — |
| | $ | (897.9 | ) | Pension-related adjustments and other | | (24.4 | ) | | 4.4 |
| | (20.0 | ) | Other comprehensive loss from continuing operations | | (922.3 | ) | | 4.4 |
| | (917.9 | ) | Other comprehensive loss from discontinued operations (a) | | (105.9 | ) | | (0.2 | ) | | (106.1 | ) | Other comprehensive loss | | (1,028.2 | ) | | 4.2 |
| | (1,024.0 | ) | Other comprehensive loss attributable to noncontrolling interests (b) | | (0.3 | ) | | 0.1 |
| | (0.2 | ) | Other comprehensive loss attributable to Liberty Global shareholders | | $ | (1,028.5 | ) | | $ | 4.3 |
| | $ | (1,024.2 | ) | | | | | | | | Year ended December 31, 2017: | | | | | | | Foreign currency translation adjustments | | $ | 1,898.7 |
| | $ | — |
| | $ | 1,898.7 |
| Pension-related adjustments and other | | 17.6 |
| | (1.9 | ) | | 15.7 |
| Other comprehensive earnings from continuing operations | | 1,916.3 |
| | (1.9 | ) | | 1,914.4 |
| Other comprehensive earnings from discontinued operations | | 30.1 |
| | 0.3 |
| | 30.4 |
| Other comprehensive earnings | | 1,946.4 |
| | (1.6 | ) | | 1,944.8 |
| Other comprehensive loss attributable to noncontrolling interests (b) | | (1.9 | ) | | 0.2 |
| | (1.7 | ) | Other comprehensive earnings attributable to Liberty Global shareholders | | $ | 1,944.5 |
| | $ | (1.4 | ) | | $ | 1,943.1 |
| | | | | | | | Year ended December 31, 2016: | | | | | | | Foreign currency translation adjustments (a) | | $ | (1,193.9 | ) | | $ | (1.7 | ) | | $ | (1,195.6 | ) | Pension-related adjustments | | (0.9 | ) | | (1.5 | ) | | (2.4 | ) | Other comprehensive loss from continuing operations | | (1,194.8 | ) | | (3.2 | ) | | (1,198.0 | ) | Other comprehensive loss from discontinued operations | | (74.8 | ) | | 1.4 |
| | (73.4 | ) | Other comprehensive loss | | (1,269.6 | ) | | (1.8 | ) | | (1,271.4 | ) | Other comprehensive earnings attributable to noncontrolling interests (b) | | 3.1 |
| | — |
| | 3.1 |
| Other comprehensive loss attributable to Liberty Global shareholders | | $ | (1,266.5 | ) | | $ | (1.8 | ) | | $ | (1,268.3 | ) |
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| | (a) | For additional information regarding the reclassification of foreign currency translation adjustments included in net earnings, see the 2018 and 2016 consolidated statements of comprehensive earnings and note 6. |
(b) Amounts represent the noncontrolling interest owners’ share of our pension-related adjustments.
|