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Shareholders' Equity
 9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Shareholders' Equity
7. Shareholders' Equity
Cash Dividends
During the nine months ended September 30, 2022, the Company's Board of Directors declared quarterly cash dividends of $0.12, $0.12, and $0.14 per common share representing $7.6 million, $7.4 million, and $8.6 million in total dividends, which were paid on April 8, 2022, July 1, 2022, and October 7, 2022, respectively. During the nine months ended September 30, 2021, quarterly cash dividends were declared of $0.12 per common share representing $7.5 million, $7.6 million, and $7.5 million in total dividends, which were paid on April 9, 2021, July 1, 2021, and October 8, 2021, respectively.
Accumulated Other Comprehensive Income (Loss)
Our Accumulated other comprehensive income (loss), consists of foreign currency translation adjustments related to our subsidiaries that have a functional currency other than the U.S. dollar and unrealized gains (losses) from derivative instruments designated as cash flow hedges. The after-tax changes in Accumulated other comprehensive income (loss) by component were as follows (in millions):
Foreign Currency Translation AdjustmentsCash Flow HedgesAccumulated Other Comprehensive Income (Loss)
Balance as of January 1, 2022$(134.0)$(2.7)$(136.7)
Other comprehensive income (loss) before reclassifications(77.5)(98.4)(175.9)
Amounts reclassified from accumulated other comprehensive income (loss)— 121.3 121.3 
Less: Net other comprehensive (income) loss attributable to noncontrolling interest— — — 
Balance as of September 30, 2022$(211.4)$20.2 $(191.2)
Balance as of January 1, 2021$(120.3)$(12.3)$(132.6)
Other comprehensive income (loss) before reclassifications(10.6)152.6 142.0 
Amounts reclassified from accumulated other comprehensive income (loss)— (153.1)(153.1)
Less: Net other comprehensive (income) loss attributable to noncontrolling interest— — — 
Balance as of September 30, 2021$(130.9)$(12.8)$(143.6)