Equity (Tables)

3 Months Ended

Mar. 31, 2019

The changes in the equity components for the three month period ended March 31, 2019 were as follows (dollars in millions).

	Common stock		Additional paid in capital		Retained earnings			Accumulated other comprehensive (loss) income			Treasury stock			Total parent shareholders' equity			Non- controlling interest		Total equity
Balance at December 31, 2018	$	102.8	$	1,329.3	$	2,041.8		$	(423.2	)	$	(1,167.0	)	$	1,883.7		$	13.1	$	1,896.8
Comprehensive Income:
Net income		—		—		111.4			—			—			111.4			0.1		111.5
Foreign currency translation		—		—		—			20.5			—			20.5			0.3		20.8
Net change in cash flow hedges		—		—		—			—			—			—			—		—
Defined benefit pension plan		—		—		—			0.1			—			0.1			—		0.1
Total Comprehensive Income		—		—	111.4			20.6				—			132.0			0.4		132.4
Stock-based compensation		—		—		—			—			1.6			1.6			—		1.6
Cash dividends declared		—		—		(54.3	)		—			—			(54.3	)		—		(54.3	)
Distribution to Veoneer		—		—		(2.5	)		—			—			(2.5	)		—		(2.5	)
Balance at March 31, 2019	$	102.8	$	1,329.3	$	2,096.4		$	(402.6	)	$	(1,165.4	)	$	1,960.5		$	13.5	$	1,974.0

Schedule of Components of Accumulated Comprehensive Income (Loss)

The following tables present details about components of accumulated comprehensive income (loss) for the three month periods ended March 31, 2019 and March 31, 2018 (dollars in millions).

	Three Months ended
	March 31, 2019								March 31, 2018
	Equity attributable to								Equity attributable to
	Controlling interest			Non-controlling interest		Total			Controlling interest			Non-controlling interest			Total
Balance at beginning of period	$	1,883.7		$	13.1	$	1,896.8		$	4,035.1		$	134.3		$	4,169.4
Total Comprehensive Income:
Net income (loss)		111.4			0.1		111.5			126.7			(4.3	)		122.4
Foreign currency translation		20.5			0.3		20.8			85.8			5.8			91.6
Net change in cash flow hedges		—			—		—			0.4			—			0.4
Defined benefit pension plan		0.1			—		0.1			0.6			—			0.6
Total Comprehensive Income		132.0			0.4		132.4			213.5			1.5			215.0
Common Stock incentives		1.6			—		1.6			8.6			—			8.6
Cash dividends declared		(54.3	)		—		(54.3	)		(54.2	)		—			(54.2	)
Distribution of Veoneer		(2.5	)		—		(2.5	)		—			—			—
Adjustment due to adoption of ASC 606		—			—		—			3.2			—			3.2
Balance at end of period	$	1,960.5		$	13.5	$	1,974.0		$	4,206.2		$	135.8		$	4,342.0