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Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of Stockholders Equity
The following tables present the change in total shareholders’ equity for the six months ended June 30, 2017 and 2016, respectively.
 
Total Axalta
Noncontrolling
Interests
Total
Balance at December 31, 2016
$
1,125.1

$
121.5

$
1,246.6

Net income
43.3

3.7

47.0

Other comprehensive income, net of tax
71.9

1.0

72.9

Recognition of stock-based compensation
21.3


21.3

Exercise of stock options
12.9


12.9

Treasury share repurchase
(8.3
)

(8.3
)
Dividends paid to noncontrolling interests

(0.9
)
(0.9
)
Balance June 30, 2017
$
1,266.2

$
125.3

$
1,391.5

 
Total Axalta
Noncontrolling
Interests
Total
Balance at December 31, 2015
$
1,065.7

$
67.5

$
1,133.2

Cumulative effect of an accounting change (1)
43.9


43.9

Balance at January 1, 2016
1,109.6

67.5

1,177.1

Net income
82.6

2.5

85.1

Other comprehensive income, net of tax
0.4

(0.2
)
0.2

Recognition of stock-based compensation
21.6


21.6

Exercise of stock options
5.9


5.9

Dividends paid to noncontrolling interests

(1.5
)
(1.5
)
Balance June 30, 2016
$
1,220.1

$
68.3

$
1,288.4


(1) January 1, 2016 balance was adjusted at December 31, 2016 to reflect the impact of the adoption of ASU 2016-09, as discussed in Note 1.