The following tables show a summary of changes in accumulated other comprehensive income (loss), net of tax, by component for the three and six months ended June 30, 2025 and 2024 (in millions):
| | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation | | Interest Rate Swaps | | Foreign Currency Derivative Contracts | | Total | Balance as of January 1, 2025 | $ | (20.9) | | | $ | 22.5 | | | $ | (1.8) | | | $ | (0.2) | | | Other comprehensive income (loss) before reclassifications | 7.2 | | | (4.1) | | | 1.6 | | | 4.7 | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | | (4.2) | | | — | | | (4.2) | | Balance as of March 31, 2025 | (13.7) | | | 14.2 | | | (0.2) | | | 0.3 | | | Other comprehensive income (loss) before reclassifications | 15.5 | | | (0.8) | | | 15.3 | | | 30.0 | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | | (4.3) | | | (2.4) | | | (6.7) | | Balance as of June 30, 2025 | $ | 1.8 | | | $ | 9.1 | | | $ | 12.7 | | | $ | 23.6 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation | | Interest Rate Swaps | | Foreign Currency Derivative Contracts | | Total | Balance as of January 1, 2024 | $ | (10.0) | | | $ | 27.8 | | | $ | 2.8 | | | $ | 20.6 | | | Other comprehensive income (loss) before reclassifications | (4.0) | | | 14.5 | | | (2.5) | | | 8.0 | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | | (6.2) | | | (0.1) | | | (6.3) | | Balance as of March 31, 2024 | (14.0) | | | 36.1 | | | 0.2 | | | 22.3 | | | Other comprehensive income (loss) before reclassifications | (1.5) | | | 5.1 | | | (3.5) | | | 0.1 | | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | | (6.3) | | | 1.4 | | | (4.9) | | Balance as of June 30, 2024 | $ | (15.5) | | | $ | 34.9 | | | $ | (1.9) | | | $ | 17.5 | | | | | | | | | | | | | | | | | | | | | | | | | |
The amounts in the summary of changes in accumulated other comprehensive income (loss) tables, above, are net of tax expense/(benefits) as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended
June 30, | | Six months ended
June 30, | | 2025 | | 2024 | | 2025 | | 2024 | | Interest rate swaps | $ | (1.5) | | | $ | (0.3) | | | $ | (4.0) | | | $ | 2.2 | | | Foreign currency derivative contracts | 2.5 | | | (0.4) | | | 2.8 | | | (0.9) | |
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