Note 13 - Accumulated Other Comprehensive Loss

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 13 — Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss, net of tax for the three months ended March 31, 2025 and 2024, were as follows (in millions):

		*Three months ended March 31,*
		*2025*												*2024*
						*Retirement*												*Retirement*
		*Foreign*				*benefit*								*Foreign*				*benefit*
		*currency*				*asset, net*				*Total*				*currency*				*asset, net*				*Total*
Beginning balance		$	(387.9	)		$	(97.3	)		$	(485.2	)		$	(478.9	)		$	(84.7	)		$	(563.6	)
Other comprehensive income (loss)			60.9				—				60.9				(23.6	)			—				(23.6	)
Reclassifications to net income⁽¹⁾			0.4				0.6				1.0				(22.0	)			0.4				(21.6	)
Total other comprehensive income (loss)			61.3				0.6				61.9				(45.6	)			0.4				(45.2	)
Less: other comprehensive loss (income) attributable to noncontrolling interests			(9.4	)			—				(9.4	)			1.1				—				1.1
Ending balance		$	(336.0	)		$	(96.7	)		$	(432.7	)		$	(523.4	)		$	(84.3	)		$	(607.7	)

(1) Reclassifications to net income are primarily related to the release of accumulated foreign currency translation reserves during the period in which a JHG entity liquidated.

The components of other comprehensive income (loss), net of tax for the three months ended March 31, 2025 and 2024, were as follows (in millions):

		*Three months ended March 31,*
		*2025*												*2024*
		*Pre-tax*				*Tax*				*Net*				*Pre-tax*				*Tax*				*Net*
		*amount*				*impact*				*amount*				*amount*				*impact*				*amount*
Foreign currency translation adjustments		$	58.8			$	2.1			$	60.9			$	(26.4	)		$	2.8			$	(23.6	)
Reclassifications to net income⁽¹⁾			1.0				—				1.0				(21.6	)			—				(21.6	)
Total other comprehensive income (loss)		$	59.8			$	2.1			$	61.9			$	(48.0	)		$	2.8			$	(45.2	)

(1) Reclassifications to net income are primarily related to the release of accumulated foreign currency translation reserves during the period in which a JHG entity liquidated.