XML 40 R27.htm IDEA: XBRL DOCUMENT v3.4.0.3
Equity (Tables)
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
Schedule of Changes In Equity
Changes in equity for the three months ended March 31, 2016 and March 31, 2015 are as follows:
(In millions)
PolyOne
Shareholders'
Equity
 
Noncontrolling
Interests
 
Total
Equity
Balance at December 31, 2015
$
704.2

 
$
1.0

 
$
705.2

Net income
39.1

 
(0.1
)
 
39.0

Other comprehensive income
 
 
 
 
 
Translation adjustments
(0.2
)
 
—

 
(0.2
)
Total comprehensive income
38.9

 
(0.1
)
 
38.8

Cash dividend declared
(9.8
)
 
—

 
(9.8
)
Repurchase of common shares
(39.6
)
 
—

 
(39.6
)
Share-based incentive plan activity
(1.1
)
 
—

 
(1.1
)
Balance at March 31, 2016
$
692.6

 
$
0.9

 
$
693.5

 
 
 
 
 
 
Balance at December 31, 2014
$
776.3

 
$
0.9

 
$
777.2

Net income
30.2

 
—

 
30.2

Other comprehensive income
 
 
 
 

Translation adjustments
(17.9
)
 
—

 
(17.9
)
Total comprehensive income
12.3

 
—

 
12.3

Cash dividend declared
(8.9
)
 
—

 
(8.9
)
Repurchase of common shares
(19.6
)
 
—

 
(19.6
)
Share-based incentive plan activity
(1.9
)
 
—

 
(1.9
)
Balance at March 31, 2015
$
758.2

 
$
0.9

 
$
759.1
Schedule of Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss year-to-date as of March 31, 2016 and 2015 were as follows:
(In millions)
Cumulative Translation Adjustment
 
Pension and Other Post-Retirement Benefits
 
Unrealized Gain in Available-for-Sale Securities
 
Total
Balance at January 1, 2016
$
(76.8
)
 
$
5.2

 
$
0.3

 
$
(71.3
)
Translation adjustments
(0.2
)
 
—

 
—

 
(0.2
)
Balance at March 31, 2016
$
(77.0
)
 
$
5.2

 
$
0.3

 
$
(71.5
)
 
 
 
 
 
 
 
 
Balance at January 1, 2015
$
(47.7
)
 
$
5.2

 
$
0.2

 
$
(42.3
)
Translation adjustments
(17.9
)
 
—

 
—

 
(17.9
)
Balance at March 31, 2015
$
(65.6
)
 
$
5.2

 
$
0.2

 
$
(60.2
)