XML 82 R60.htm IDEA: XBRL DOCUMENT v3.24.2
Shareholder's Equity - Change in Shareholders' Equity (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance $ 2,680.6 $ 2,881.0 $ 2,776.2 $ 2,684.9 $ 2,881.0 $ 2,684.9
Beginning balance (in shares)   1,800,000     1,800,000  
Net income 111.3 $ 115.3 155.1 140.0 $ 226.6 $ 295.1
Activity related to stock-based compensation $ 11.1 14.4 $ 18.0 11.0    
Share purchased under share repurchase program (in shares) 509,336   492,710   1,239,015 676,070
Shares purchased under share repurchase program $ (187.1) (267.0) $ (173.4) (60.1) $ (454.1) $ (233.5)
Dividends declared (14.5) (14.6) (14.1) (14.2)    
Other comprehensive (loss) income, net of tax (24.6) (48.5) (15.1) 14.6 (73.1) (0.5)
Ending balance $ 2,576.8 $ 2,680.6 $ 2,746.7 $ 2,776.2 $ 2,576.8 $ 2,746.7
Ending balance (in shares) 2,700,000       2,700,000  
Dividends declared per share (in dollars per share) $ 0.20 $ 0.20 $ 0.19 $ 0.19    
Common Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance (in shares) 75,300,000 75,300,000 75,300,000 75,300,000 75,300,000 75,300,000
Beginning balance $ 18.8 $ 18.8 $ 18.8 $ 18.8 $ 18.8 $ 18.8
Ending balance (in shares) 75,300,000 75,300,000 75,300,000 75,300,000 75,300,000 75,300,000
Ending balance $ 18.8 $ 18.8 $ 18.8 $ 18.8 $ 18.8 $ 18.8
Capital in Excess of Par Value            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance 55.2 120.2 181.4 232.2 120.2 232.2
Activity related to stock-based compensation (21.7) (65.0) (23.2) (50.8)    
Ending balance 33.5 55.2 158.2 181.4 33.5 158.2
Treasury Stock            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance $ (825.2) $ (637.6) $ (369.2) $ (370.9) $ (637.6) $ (370.9)
Beginning balance (in shares) 2,300,000 1,800,000 1,100,000 1,200,000 1,800,000 1,200,000
Activity related to stock-based compensation $ 32.8 $ 79.4 $ 41.2 $ 61.8    
Activity related to stock -based compensation (in shares) (100,000) (200,000) (200,000) (300,000)    
Share purchased under share repurchase program (in shares) 500,000 700,000 500,000 200,000    
Shares purchased under share repurchase program $ (187.1) $ (267.0) $ (173.4) $ (60.1)    
Ending balance $ (979.5) $ (825.2) $ (501.4) $ (369.2) $ (979.5) $ (501.4)
Ending balance (in shares) 2,700,000 2,300,000 1,400,000 1,100,000 2,700,000 1,400,000
Retained Earnings            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance $ 3,624.1 $ 3,523.4 $ 3,113.6 $ 2,987.8 $ 3,523.4 $ 2,987.8
Net income 111.3 115.3 155.1 140.0    
Dividends declared (14.5) (14.6) (14.1) (14.2)    
Ending balance 3,720.9 3,624.1 3,254.6 3,113.6 3,720.9 3,254.6
Accumulated Other Comprehensive Loss            
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Beginning balance (192.3) (143.8) (168.4) (183.0) (143.8) (183.0)
Other comprehensive (loss) income, net of tax (24.6) (48.5) (15.1) 14.6    
Ending balance $ (216.9) $ (192.3) $ (183.5) $ (168.4) $ (216.9) $ (183.5)