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Consolidated Statements of Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Common Stock in Treasury
Accumulated Other Comprehensive Loss, Net of Taxes
Beginning Balance at Dec. 31, 2014 $ 1,162.8 $ 22.5 $ 1,787.0 $ 448.5 $ (481.4) $ (613.8)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Effect of contingent stock transactions 49.3 0.1 58.6   (9.4)  
Stock issued for share-based incentive compensation 50.3   23.2   27.1  
Repurchases of common stock (802.0)       (802.0)  
Unrecognized pension items, net of taxes (15.9)         (15.9)
Foreign currency translation adjustments (194.1)         (194.1)
Unrealized gain (loss) on derivative instruments, net of taxes 3.8         3.8
Settlement share transfer and excess tax benefit [1] 46.2   46.2      
Dividends on common stock 335.4 [2]     335.4    
Dividends on common stock (108.7)     (108.7)    
Ending Balance at Dec. 31, 2015 527.1 22.6 1,915.0 675.2 (1,265.7) (820.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Effect of contingent stock transactions 29.4 0.2 59.9 0.0 (30.7) 0.0
Stock issued for share-based incentive compensation 37.4 0.0 2.1   35.3  
Repurchases of common stock (217.0)       (217.0)  
Unrecognized pension items, net of taxes (10.7)         (10.7)
Foreign currency translation adjustments (137.9)         (137.9)
Unrealized gain (loss) on derivative instruments, net of taxes 19.5         19.5
Settlement share transfer and excess tax benefit (2.9)   (2.9)      
Dividends on common stock 486.4     486.4    
Dividends on common stock (121.6)     (121.6)    
Ending Balance at Dec. 31, 2016 609.7 22.8 1,974.1 1,040.0 (1,478.1) (949.1)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Effect of contingent stock transactions 23.0 0.2 45.0 0.0 (22.2) 0.0
Stock issued for share-based incentive compensation 22.3   0.5   21.8  
Repurchases of common stock (1,302.1)   (80.0)   (1,222.1) 0.0
Unrecognized pension items, net of taxes 173.3         173.3
Foreign currency translation adjustments 7.5         7.5
Unrealized gain (loss) on derivative instruments, net of taxes (76.6)   0.0     (76.6)
Settlement share transfer and excess tax benefit 0.0     0.0 0.0  
Dividends on common stock 814.9     814.9    
Dividends on common stock (119.7) 0.0 0.0 (119.7) 0.0 0.0
Ending Balance at Dec. 31, 2017 $ 152.3 $ 23.0 $ 1,939.6 $ 1,735.2 $ (2,700.6) $ (844.9)
[1] In 2015, we recorded an out-of-period adjustment of $46.2 million related to excess tax benefits from the Settlement agreement. Refer to Note 16, “Income Taxes” of the Notes to Consolidated Financial Statements for further details.
[2] During the first quarter of 2015, the Company received the tax refund of $235.2 million related to the Settlement agreement payment. See Note 16 “Income Taxes” of the Notes to Consolidated Financial Statements for further discussion of the out-of-period adjustment.