Quarterly report pursuant to Section 13 or 15(d)

Foreign Currency Translation (Tables)

v3.22.1
Foreign Currency Translation (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Impact of Translating Financial Statements of Company's International Subsidiaries

Below is a summary of the impact of translating the March 31, 2022 and March 31, 2021 financial statements of the Company’s international subsidiaries:

 

 

 

 

 

 

 

 

Other Comprehensive Income (Loss) for

 

 

 

Exchange Rate as of

 

 

Three Months Ended

 

Country

 

March 31, 2022

 

 

December 31, 2021

 

 

March 31, 2022

 

March 31, 2021

 

Brazil

 

 

4.8

 

 

 

5.6

 

 

$

8.0

 

$

(6.9

)

Chile

 

 

788.6

 

 

 

852.0

 

 

 

4.8

 

 

(1.0

)

Peru

 

 

3.8

 

 

 

4.0

 

 

 

1.6

 

 

(1.2

)

All other

 

 

 

 

 

 

 

 

 

 

(0.4

)

 

 

 

 

 

 

 

 

$

14.4

 

$

(9.5

)

As noted above, beginning July 1, 2018, Argentina was deemed highly inflationary. A foreign currency exchange gain of $0.5 and $0.2 was recorded for the three months ended March 31, 2022 and 2021, respectively, as a result of translating Argentina's financial results to U.S. dollars.