| Accumulated Other Comprehensive Earnings or Loss Accumulated other comprehensive earnings (loss) included in our consolidated balance sheets and statements of equity reflects the aggregate impact of foreign currency translation adjustments and pension-related adjustments and other various adjustments. The changes in the components of accumulated other comprehensive earnings (loss), net of taxes, are summarized as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Liberty Latin America shareholders | | | | | | | Foreign currency translation adjustments | | Pension- related adjustments and other | | Accumulated other comprehensive loss | | Non-controlling interests | | Total accumulated other comprehensive loss | | | in millions | | Balance at January 1, 2023 | $ | (83.7) | | | $ | (65.5) | | | $ | (149.2) | | | $ | (11.0) | | | $ | (160.2) | | | Other comprehensive earnings (loss) | 24.9 | | | (73.7) | | | (48.8) | | | 1.1 | | | (47.7) | | | Balance at December 31, 2023 | (58.8) | | | (139.2) | | | (198.0) | | | (9.9) | | | (207.9) | | | Other comprehensive earnings | 25.6 | | | 18.2 | | | 43.8 | | | 0.3 | | | 44.1 | | | Balance at December 31, 2024 | (33.2) | | | (121.0) | | | (154.2) | | | (9.6) | | | (163.8) | | | Other comprehensive earnings (loss) | 33.2 | | | (3.6) | | | 29.6 | | | 1.6 | | | 31.2 | | | Balance at December 31, 2025 | $ | — | | | $ | (124.6) | | | $ | (124.6) | | | $ | (8.0) | | | $ | (132.6) | |
The components of other comprehensive earnings (loss), net of taxes, are reflected in our consolidated statements of comprehensive earnings (loss). The following table summarizes the tax effects related to each component of other comprehensive earnings (loss), net, of amounts reclassified to our consolidated statements of operations: | | | | | | | | | | | | | | | | | | | Pre-tax amount | | Tax benefit | | Net-of-tax amount | | | in millions | | Year ended December 31, 2025: | | | | | | | Foreign currency translation adjustments | $ | 34.7 | | | $ | — | | | $ | 34.7 | | | Pension-related adjustments and other | (3.8) | | | 0.3 | | | (3.5) | | | Other comprehensive earnings | 30.9 | | | 0.3 | | | 31.2 | | | Other comprehensive earnings attributable to noncontrolling interests (a) | (1.6) | | | — | | | (1.6) | | | Other comprehensive earnings attributable to Liberty Latin America shareholders | $ | 29.3 | | | $ | 0.3 | | | $ | 29.6 | | | | | | | | | Year ended December 31, 2024: | | | | | | | Foreign currency translation adjustments | $ | 25.9 | | | $ | — | | | $ | 25.9 | | | Pension-related adjustments and other | 18.2 | | | — | | | 18.2 | | | Other comprehensive earnings | 44.1 | | | — | | | 44.1 | | | Other comprehensive earnings attributable to noncontrolling interests (a) | (0.3) | | | — | | | (0.3) | | | Other comprehensive earnings attributable to Liberty Latin America shareholders | $ | 43.8 | | | $ | — | | | $ | 43.8 | | | | | | | | | Year ended December 31, 2023: | | | | | | | Foreign currency translation adjustments | $ | 25.9 | | | $ | — | | | $ | 25.9 | | | Pension-related adjustments and other | (73.6) | | | — | | | (73.6) | | | Other comprehensive loss | (47.7) | | | — | | | (47.7) | | | Other comprehensive earnings attributable to noncontrolling interests (a) | (1.1) | | | — | | | (1.1) | | | Other comprehensive loss attributable to Liberty Latin America shareholders | $ | (48.8) | | | $ | — | | | $ | (48.8) | |
(a)Amounts represent the noncontrolling interest owners’ share of our foreign currency translation adjustments, pension-related adjustments, and other adjustments.
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