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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Components of Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of tax, were as follows:

 

 

 

June 30,

 

 

December 31,

 

 

 

2021

 

 

2020

 

Foreign currency translation

 

$

(140.3

)

 

$

(72.1

)

Translation loss on derivative instruments, net of income tax benefit of $(24.7) and $(34.9), respectively

 

 

(45.8

)

 

 

(81.2

)

Translation loss on long-term intercompany loans

 

 

(127.1

)

 

 

(133.3

)

Defined benefit pension plans, net of income tax benefit of $(35.5) and $(38.2), respectively

 

 

(109.5

)

 

 

(111.4

)

Retiree health care plan, net of income taxes of $1.7 and $1.8, respectively

 

 

0.4

 

 

 

0.7

 

Accumulated other comprehensive loss

 

$

(422.3

)

 

$

(397.3

)