
	June 30, 2026
	Gross Balance		Tax Effect		Net Balance
Foreign currency translation
Translation of foreign subsidiaries	$	2.7	$	—	$	2.7
Realized gain on cross-currency swaps designated as net investment hedges	10.0		(2.4)		7.6
Unrealized loss on cross-currency swaps designated as net investment hedges	(20.7)		5.0		(15.7)
Total foreign currency translation	(8.0)		2.6		(5.4)
Unrealized loss on cross-currency swap designated as fair value hedge	(0.1)		—		(0.1)
Total	$	(8.1)	$	2.6	$	(5.5)


	December 31, 2025
	Gross Balance		Tax Effect		Net Balance
Foreign currency translation
Translation of foreign subsidiaries	$	7.5	$	—	$	7.5
Realized gain on cross-currency swaps designated as net investment hedges	10.0		(2.4)		7.6
Unrealized loss on cross-currency swaps designated as net investment hedges	(24.9)		6.1		(18.8)
Total foreign currency translation	(7.4)		3.7		(3.7)
Unrealized loss on cross-currency swap designated as fair value hedge	(0.1)		—		(0.1)
Total	$	(7.5)	$	3.7	$	(3.8)

The following tables present the changes in accumulated other comprehensive loss by component for the six months ended June 30, 2026 and 2025:


	Six Months Ended June 30, 2026
	Foreign currency translation		Fair value hedge adjustments		Total
Beginning balance	$	(3.7)	$	(0.1)	$	(3.8)
Other comprehensive loss before reclassifications	(0.3)		—		(0.3)
Amounts reclassified from accumulated other comprehensive loss	(0.3)		—		(0.3)
Tax effects	(1.1)		—		(1.1)
Ending balance	$	(5.4)	$	(0.1)	$	(5.5)


	Six Months Ended June 30, 2025
	Foreign currency translation		Unrealized loss on interest rate swaps		Total
Beginning balance	$	(6.2)	$	—	$	(6.2)
Other comprehensive loss before reclassifications	(7.2)		(1.2)		(8.4)

Tax effects	6.6		0.4		7.0
Ending balance	$	(6.8)	$	(0.8)	$	(7.6)