The following table presents AOCI activity in equity: | | | | | | | | | | | | | | | | | | | Foreign Currency Translation Adjustments | | Net Unrealized Gains (Losses) on Cash Flow Hedges(1) | | Total AOCI | Gross balance as of December 31, 2020(2) | $ | (98.8) | | | $ | (32.8) | | | $ | (131.6) | | Other comprehensive income (loss) before reclassifications | 45.9 | | | (37.0) | | | 8.9 | | Amounts reclassified from AOCI | — | | | 84.0 | | | 84.0 | | Other comprehensive income - 2021 | 45.9 | | | 47.0 | | | 92.9 | | | $ | (52.9) | | | $ | 14.2 | | | (38.7) | | Less: AOCI attributable to non-controlling interests | | | | | 0.1 | | Balance as of December 31, 2021 | | | | | $ | (38.6) | | | | | | | | Gross balance as of December 31, 2021(2) | $ | (52.9) | | | $ | 14.2 | | | $ | (38.7) | | Other comprehensive income (loss) before reclassifications | (22.1) | | | 171.2 | | | 149.1 | | Amounts reclassified from AOCI | — | | | 68.0 | | | 68.0 | | Other comprehensive income - 2022 | (22.1) | | | 239.2 | | | 217.1 | | | $ | (75.0) | | | $ | 253.4 | | | 178.4 | | Less: AOCI attributable to non-controlling interests | | | | | (0.4) | | Balance as of December 31, 2022 | | | | | $ | 178.0 | |
_________________________________ (1) Amounts shown for our foreign exchange forward contracts include gains and losses realized upon contract settlement but not yet recognized into earnings from AOCI. (2) Beginning balance is presented on a gross basis, excluding the allocation of AOCI attributable to non-controlling interests.
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