The changes in the components of AOCL, net of tax and noncontrolling interest, for the six months ended June 30, 2026 and 2025 are as follows (in thousands):


	June 30, 2026
	Cumulative Foreign Currency Translation		Unrealized (Losses) Gains on Derivative Instruments		Total Accumulated Other Comprehensive Loss Attributable to Corpay
Balance at December 31, 2025	$	(1,295,581)	$	(96,573)	$	(1,392,154)
Other comprehensive (loss) income before reclassifications	(19,009)		59,839		40,830
Amounts reclassified from AOCL	6,249		5,516		11,765
Tax effect	—		(16,992)		(16,992)
Other comprehensive (loss) income, net of tax	(12,760)		48,363		35,603
Balance at June 30, 2026	$	(1,308,341)	$	(48,210)	$	(1,356,551)


	June 30, 2025
	Cumulative Foreign Currency Translation		Unrealized Gains (Losses) on Derivative Instruments		Total Accumulated Other Comprehensive Loss Attributable to Corpay
Balance at December 31, 2024	$	(1,749,040)	$	35,044	$	(1,713,996)
Other comprehensive income (loss) before reclassifications	421,994		(188,668)		233,326
Amounts reclassified from AOCL	—		(7,784)		(7,784)
Tax effect	—		52,068		52,068
Other comprehensive income (loss), net of tax	421,994		(144,384)		277,610
Balance at June 30, 2025	$	(1,327,046)	$	(109,340)	$	(1,436,386)

Amounts reclassified from AOCL that relate to foreign currency translation during the six months ended June 30, 2026 are related to the Company's PayByPhone business disposed of during the first quarter of 2026. See Note 15 for further information. Income tax effects are released from accumulated other comprehensive loss to retained earnings, when applicable, on an individual item basis as those items are reclassified into income. Other comprehensive loss attributable to the Company's noncontrolling interest, which are not included in the tables above, for the six months ended June 30, 2026 and 2025 consisted of foreign currency translation gains of $2.3 million and $3.5 million, respectively.