Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 203

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 203
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 for U.S. federal income tax purposes as follows:Record DatePayment DateDistributions Per ShareOrdinary DividendsReturn of Capital12/29/20231/4/2024$0.2400 $0.2400 $— 3/27/20244/4/20240.2400 0.2400 — 6/28/20247/5/20240.1200 0.1200 — 9/30/202410/3/20240.1200 0.1200 — Totals$0.7200 $0.7200 $— Accumulated Other Comprehensive Income (Loss)The following table summarizes the changes in each component of accumulated other comprehensive loss ("AOCI"), net of taxes:(Dollars in millions)Foreign Currency TranslationForeign Currency Derivative ContractsInterest Rate SwapsTotal Accumulated Other Comprehensive Loss(1)Balance at December 31, 2023$(125.7)$76.5 $3.2 $(46.0)Unrealized (losses) gains, arising during the period(37.1)30.9 — (6.2)Taxes on unrealized losses (gains), arising during the period0.6 (1.4)— (0.8)Amounts reclassified out of AOCI during the period, gross9.5 (0.8)(2.1)6.6 Amounts reclassified out of AOCI during the period, taxes(4.2)0.6 0.5 (3.1)Noncontrolling interest0.3 — — 0.3 Balance at December 31, 2024$(156.6)$105.8 $1.6 $(49.2)(1) Excludes $358.4 million of inception to date accumulated other comprehensive losses associated with noncontrolling interest holders of KWE that the Company was required to record as part of the KWE Transaction in October 2017.The local currencies for the Company's interests in foreign operations include the euro and the British pound sterling. The related amounts on our balance sheets are translated into U.S. dollars at the exchange rates at the respective financial statement date, while amounts on our statements of income are translated at the average exchange rates during the respective period. Unrealized gains on foreign currency translation is a result of the strengthening