Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2026

Changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2026 were as follows:


	Foreign Currency Translation		Defined Benefit Plans		Cash Flow Hedges		Available-for-sale Securities		Total
Balance at December 31, 2025	$	(24.4)	$	(3.6)	$	(1.7)	$	—	$	(29.7)
Other comprehensive income (loss) before reclassifications	(13.6)		0.1		12.4		—		(1.1)
Reclassifications:

Realized gains - net(1)	—		—		2.0		—		2.0
Exchange of noncontrolling interest for Class A common stock	(3.1)		(0.4)		0.7		—		(2.8)
Income taxes	—		—		(2.3)		—		(2.3)
Total other comprehensive income (loss)	(16.7)		(0.3)		12.8		—		(4.2)
Balance at June 30, 2026	$	(41.1)	$	(3.9)	$	11.1	$	—	$	(33.9)

(1)Amounts represent net gains and losses associated with cash flow hedges and available-for-sale securities that were reclassified to net earnings.

Changes in accumulated other comprehensive income (loss) for the six months ended June 30, 2025 were as follows:


	Foreign Currency Translation		Defined Benefit Plans		Cash Flow Hedges		Available-for-sale Securities		Total
Balance at December 31, 2024	$	(39.7)	$	(5.5)	$	3.8	$	0.6	$	(40.8)
Other comprehensive income (loss) before reclassifications	17.3		(0.1)		(8.7)		(2.6)		5.9
Reclassifications:

Realized gains - net(1)	—		—		4.3		1.9		6.2
Income taxes	—		0.1		0.9		0.1		1.1
Total other comprehensive income (loss)	17.3		—		(3.5)		(0.6)		13.2
Balance at June 30, 2025	$	(22.4)	$	(5.5)	$	0.3	$	—	$	(27.6)

(1)Amounts represent net gains and losses associated with cash flow hedges and available-for-sale securities that were reclassified to net earnings. Refer to "Note 12. Derivative Instruments" for additional information.