NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Affected line in the accompanying consolidated statements of
||Income tax expense|
|OCI attributable to non-controlling interests
||Net income attributable to non-controlling interests|
The years ended December 31, 2018, 2017 and 2016, reflect amounts of losses reclassified from AOCI into
earnings, representing the effective portion of the hedging relationships, and are recorded in interest expense-net.
See Note 9Derivatives and Hedging Activities for more information on net investment hedge activity.
There is no tax impact on the foreign translation adjustments due to the Tax Reform impact on distributions,
enacted in 2017.
18. RELATED PARTY TRANSACTIONS
In connection with the Companys separation from Fifth Third on June 30, 2009, the Company entered into various agreements which
provide for services provided to or received from Fifth Third. Subsequent to the separation from Fifth Third, the Company continues to enter into various business agreements with Fifth Third. Transactions under these agreements are discussed below
and throughout these notes to the accompanying Consolidated Financial Statements. Fifth Third currently holds 3.30% of the voting interests in Worldpay, Inc. and 3.30% ownership interest in Worldpay Holding.
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