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Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Cumulative effect of an accounting change
Common Stock
Capital In Excess Of Par
Retained Earnings
Retained Earnings
Cumulative effect of an accounting change
Treasury Shares, at cost
Accumulated Other Comprehensive Loss
Non controlling Interests
Beginning balance (in shares) at Dec. 31, 2019     234.9            
Beginning balance at Dec. 31, 2019 $ 1,409.6 $ (1.5) $ 249.9 $ 1,474.1 $ 443.2 $ (1.5) $ (417.5) $ (395.5) $ 55.4
Comprehensive income (loss):                  
Net income 52.4       52.2       0.2
Net realized and unrealized gain (loss) on derivatives, net of tax (34.7)             (34.7)  
Long-term employee benefit plans, net of tax (0.4)             (0.4)  
Foreign currency translation, net of tax (86.5)             (83.3) (3.2)
Total comprehensive income (loss) (69.2)       52.2     (118.4) (3.0)
Recognition of stock-based compensation 5.1     5.1          
Shares issued under compensation plans (in shares)     0.4            
Shares issued under compensation plans (1.1)   $ 0.5 (1.6)          
Changes in ownership of noncontrolling interests (1.6)     0.5         (2.1)
Dividends declared to noncontrolling interests (0.5)               (0.5)
Ending balance (in shares) at Mar. 31, 2020     235.3            
Ending balance at Mar. 31, 2020 1,340.8   $ 250.4 1,478.1 493.9   (417.5) (513.9) 49.8
Beginning balance (in shares) at Dec. 31, 2019     234.9            
Beginning balance at Dec. 31, 2019 1,409.6 $ (1.5) $ 249.9 1,474.1 443.2 $ (1.5) (417.5) (395.5) 55.4
Comprehensive income (loss):                  
Net income 51.7                
Total comprehensive income (loss) (25.8)                
Ending balance (in shares) at Sep. 30, 2020     235.5            
Ending balance at Sep. 30, 2020 1,384.7   $ 250.6 1,484.1 493.6   (418.4) (470.2) 45.0
Beginning balance (in shares) at Mar. 31, 2020     235.3            
Beginning balance at Mar. 31, 2020 1,340.8   $ 250.4 1,478.1 493.9   (417.5) (513.9) 49.8
Comprehensive income (loss):                  
Net income (83.2)       (82.8)       (0.4)
Net realized and unrealized gain (loss) on derivatives, net of tax (2.2)             (2.2)  
Long-term employee benefit plans, net of tax 0.4             0.4  
Foreign currency translation, net of tax 7.0             6.1 0.9
Total comprehensive income (loss) (78.0)       (82.8)     4.3 0.5
Recognition of stock-based compensation 6.1     6.1          
Shares issued under compensation plans (in shares)     0.1            
Shares issued under compensation plans 1.2   $ 0.1 1.1          
Changes in redeemable noncontrolling interests (10.6)     (5.8)         (4.8)
Common stock purchases (0.9)           (0.9)    
Ending balance (in shares) at Jun. 30, 2020     235.4            
Ending balance at Jun. 30, 2020 1,258.6   $ 250.5 1,479.5 411.1   (418.4) (509.6) 45.5
Comprehensive income (loss):                  
Net income 82.5       82.5        
Net realized and unrealized gain (loss) on derivatives, net of tax 6.0             6.0  
Long-term employee benefit plans, net of tax (0.5)             (0.5)  
Foreign currency translation, net of tax 33.4             33.9 (0.5)
Total comprehensive income (loss) 121.4       82.5     39.4 (0.5)
Recognition of stock-based compensation 4.7     4.7          
Shares issued under compensation plans (in shares)     0.1            
Shares issued under compensation plans 0.0   $ 0.1 (0.1)          
Ending balance (in shares) at Sep. 30, 2020     235.5            
Ending balance at Sep. 30, 2020 1,384.7   $ 250.6 1,484.1 493.6   (418.4) (470.2) 45.0
Beginning balance (in shares) at Dec. 31, 2020     234.8            
Beginning balance at Dec. 31, 2020 1,479.8   $ 250.9 1,487.1 563.3   (443.5) (424.8) 46.8
Comprehensive income (loss):                  
Net income 15.7       15.2       0.5
Net realized and unrealized gain (loss) on derivatives, net of tax 7.9             7.9  
Long-term employee benefit plans, net of tax 0.7             0.7  
Foreign currency translation, net of tax (37.6)             (37.4) (0.2)
Total comprehensive income (loss) (13.3)       15.2     (28.8) 0.3
Recognition of stock-based compensation 3.6     3.6          
Shares issued under compensation plans (in shares)     0.3            
Shares issued under compensation plans 0.1   $ 0.3 (0.2)          
Common stock purchases (in shares)     (2.3)            
Common stock purchases (63.7)           (63.7)    
Dividends declared to noncontrolling interests (0.7)               (0.7)
Ending balance (in shares) at Mar. 31, 2021     232.8            
Ending balance at Mar. 31, 2021 1,405.8   $ 251.2 1,490.5 578.5   (507.2) (453.6) 46.4
Beginning balance (in shares) at Dec. 31, 2020     234.8            
Beginning balance at Dec. 31, 2020 1,479.8   $ 250.9 1,487.1 563.3   (443.5) (424.8) 46.8
Comprehensive income (loss):                  
Net income 211.0                
Total comprehensive income (loss) $ 197.4                
Shares issued under compensation plans (in shares) 0.5                
Ending balance (in shares) at Sep. 30, 2021     228.3            
Ending balance at Sep. 30, 2021 $ 1,487.1   $ 251.7 1,510.7 774.0   (657.3) (438.3) 46.3
Beginning balance (in shares) at Mar. 31, 2021     232.8            
Beginning balance at Mar. 31, 2021 1,405.8   $ 251.2 1,490.5 578.5   (507.2) (453.6) 46.4
Comprehensive income (loss):                  
Net income 126.4       126.4        
Net realized and unrealized gain (loss) on derivatives, net of tax 5.9             5.9  
Long-term employee benefit plans, net of tax 1.0             1.0  
Foreign currency translation, net of tax 39.3             38.7 0.6
Total comprehensive income (loss) 172.6       126.4     45.6 0.6
Recognition of stock-based compensation 4.2     4.2          
Shares issued under compensation plans (in shares)     0.5            
Shares issued under compensation plans 12.7   $ 0.5 12.2          
Common stock purchases (in shares)     (1.9)            
Common stock purchases (60.0)           (60.0)    
Ending balance (in shares) at Jun. 30, 2021     231.4            
Ending balance at Jun. 30, 2021 1,535.3   $ 251.7 1,506.9 704.9   (567.2) (408.0) 47.0
Comprehensive income (loss):                  
Net income 68.9       69.1       (0.2)
Net realized and unrealized gain (loss) on derivatives, net of tax 6.3             6.3  
Long-term employee benefit plans, net of tax 0.8             0.8  
Foreign currency translation, net of tax (37.9)             (37.4) (0.5)
Total comprehensive income (loss) 38.1       69.1     (30.3) (0.7)
Recognition of stock-based compensation 3.9     3.9          
Shares issued under compensation plans (0.1)     (0.1)          
Common stock purchases (in shares)     (3.1)            
Common stock purchases (90.1)           (90.1)    
Ending balance (in shares) at Sep. 30, 2021     228.3            
Ending balance at Sep. 30, 2021 $ 1,487.1   $ 251.7 $ 1,510.7 $ 774.0   $ (657.3) $ (438.3) $ 46.3