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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Dividends Paid

DIVIDENDS

 

2019

 

 

2018

 

 

2017

 

Cash dividend paid per share

 

$

2.48

 

 

$

2.46

 

 

$

2.38

 

Cash dividend declared per share

 

$

2.48

 

 

$

2.48

 

 

$

2.40

 

 

Other Comprehensive Loss

OTHER COMPREHENSIVE LOSS / ENDING BALANCE1)

 

2019

 

 

2018

 

 

2017

 

Cumulative translation adjustments

 

$

(364.9

)

 

$

(381.2

)

 

$

(230.5

)

Net loss of cash flow hedge derivatives

 

 

 

 

 

 

 

 

(0.8

)

Net pension liability

 

 

(84.0

)

 

 

(55.0

)

 

 

(56.2

)

Distribution to Veoneer

 

 

 

 

 

13.0

 

 

 

 

Total (ending balance)

 

$

(448.9

)

 

$

(423.2

)

 

$

(287.5

)

Deferred taxes on the pension liability

 

$

24.6

 

 

$

15.4

 

 

$

16.5

 

 

1)

The components of Other Comprehensive Loss are net of any related income tax effects.

Share Repurchase Program

SHARES

 

2019

 

 

2018

 

 

2017

 

Shares repurchased (shares in millions)

 

 

 

 

 

 

 

 

1.4

 

Cash paid for shares

 

$

 

 

$

 

 

$

157.0