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Condensed Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Capital In Excess Of Par
Retained Earnings
Treasury Shares, at cost
Accumulated Other Comprehensive Loss
Non controlling Interests
Beginning balance (in shares) at Dec. 31, 2021   227.4          
Beginning balance at Dec. 31, 2021 $ 1,538.7 $ 251.8 $ 1,515.5 $ 827.2 $ (687.2) $ (414.4) $ 45.8
Comprehensive income:              
Net income 40.9     41.5     (0.6)
Net realized and unrealized gain (loss) on derivatives, net of tax 16.9         16.9  
Long-term employee benefit plans, net of tax 0.5         0.5  
Foreign currency translation, net of tax (3.9)         (4.4) 0.5
Comprehensive income (loss) 54.4     41.5   13.0 (0.1)
Recognition of stock-based compensation 5.3   5.3        
Shares issued under compensation plans (in shares)   0.4          
Shares issued under compensation plans (1.9) $ 0.4 (2.3)        
Changes in ownership of noncontrolling interests (0.1)   (0.3)       0.2
Common stock purchases (in shares)   (6.4)          
Common stock purchases (175.1)       (175.1)    
Dividends declared to noncontrolling interests (0.1)           (0.1)
Ending balance (in shares) at Mar. 31, 2022   221.4          
Ending balance at Mar. 31, 2022 1,421.2 $ 252.2 1,518.2 868.7 (862.3) (401.4) 45.8
Beginning balance (in shares) at Dec. 31, 2021   227.4          
Beginning balance at Dec. 31, 2021 1,538.7 $ 251.8 1,515.5 827.2 (687.2) (414.4) 45.8
Comprehensive income:              
Net income 148.3            
Comprehensive income (loss) (31.3)            
Ending balance (in shares) at Sep. 30, 2022   220.6          
Ending balance at Sep. 30, 2022 1,319.4 $ 252.4 1,526.9 975.2 (887.3) (593.9) 46.1
Beginning balance (in shares) at Mar. 31, 2022   221.4          
Beginning balance at Mar. 31, 2022 1,421.2 $ 252.2 1,518.2 868.7 (862.3) (401.4) 45.8
Comprehensive income:              
Net income 44.1     44.1      
Net realized and unrealized gain (loss) on derivatives, net of tax 10.0         10.0  
Long-term employee benefit plans, net of tax 0.4         0.4  
Foreign currency translation, net of tax (81.4)         (82.2) 0.8
Comprehensive income (loss) (26.9)     44.1   (71.8) 0.8
Recognition of stock-based compensation 3.7   3.7        
Shares issued under compensation plans (in shares)   0.1          
Shares issued under compensation plans (0.2) $ 0.1 (0.3)        
Common stock purchases (in shares)   (1.0)          
Common stock purchases (25.0)       (25.0)    
Ending balance (in shares) at Jun. 30, 2022   220.5          
Ending balance at Jun. 30, 2022 1,372.8 $ 252.3 1,521.6 912.8 (887.3) (473.2) 46.6
Comprehensive income:              
Net income 63.3     62.4     0.9
Net realized and unrealized gain (loss) on derivatives, net of tax 2.6         2.6  
Long-term employee benefit plans, net of tax 0.6         0.6  
Foreign currency translation, net of tax (125.3)         (123.9) (1.4)
Comprehensive income (loss) (58.8)     62.4   (120.7) (0.5)
Recognition of stock-based compensation 5.0   5.0        
Shares issued under compensation plans (in shares)   0.1          
Shares issued under compensation plans 0.4 $ 0.1 0.3        
Ending balance (in shares) at Sep. 30, 2022   220.6          
Ending balance at Sep. 30, 2022 1,319.4 $ 252.4 1,526.9 975.2 (887.3) (593.9) 46.1
Beginning balance (in shares) at Dec. 31, 2022   220.6          
Beginning balance at Dec. 31, 2022 1,499.5 $ 252.4 1,536.5 1,018.8 (887.3) (466.9) 46.0
Comprehensive income:              
Net income 60.5     60.5      
Net realized and unrealized gain (loss) on derivatives, net of tax (1.9)         (1.9)  
Long-term employee benefit plans, net of tax 0.2         0.2  
Foreign currency translation, net of tax 45.3         46.1 (0.8)
Comprehensive income (loss) 104.1     60.5   44.4 (0.8)
Recognition of stock-based compensation 6.3   6.3        
Shares issued under compensation plans (in shares)   0.9          
Shares issued under compensation plans 5.4 $ 0.9 4.5        
Ending balance (in shares) at Mar. 31, 2023   221.5          
Ending balance at Mar. 31, 2023 1,615.3 $ 253.3 1,547.3 1,079.3 (887.3) (422.5) 45.2
Beginning balance (in shares) at Dec. 31, 2022   220.6          
Beginning balance at Dec. 31, 2022 1,499.5 $ 252.4 1,536.5 1,018.8 (887.3) (466.9) 46.0
Comprehensive income:              
Net income 194.9            
Comprehensive income (loss) $ 173.2            
Shares issued under compensation plans (in shares) 0.5            
Ending balance (in shares) at Sep. 30, 2023   220.1          
Ending balance at Sep. 30, 2023 $ 1,648.6 $ 253.7 1,561.2 1,213.1 (937.3) (486.6) 44.5
Beginning balance (in shares) at Mar. 31, 2023   221.5          
Beginning balance at Mar. 31, 2023 1,615.3 $ 253.3 1,547.3 1,079.3 (887.3) (422.5) 45.2
Comprehensive income:              
Net income 61.1     60.9     0.2
Net realized and unrealized gain (loss) on derivatives, net of tax 0.1         0.1  
Long-term employee benefit plans, net of tax 0.6         0.6  
Foreign currency translation, net of tax 1.5         2.1 (0.6)
Comprehensive income (loss) 63.3     60.9   2.8 (0.4)
Recognition of stock-based compensation 7.3   7.3        
Shares issued under compensation plans (in shares)   0.2          
Shares issued under compensation plans 3.1 $ 0.2 2.9        
Ending balance (in shares) at Jun. 30, 2023   221.7          
Ending balance at Jun. 30, 2023 1,689.0 $ 253.5 1,557.5 1,140.2 (887.3) (419.7) 44.8
Comprehensive income:              
Net income 73.3     72.9     0.4
Net realized and unrealized gain (loss) on derivatives, net of tax (0.3)         (0.3)  
Long-term employee benefit plans, net of tax 0.2         0.2  
Foreign currency translation, net of tax (67.4)         (66.8) (0.6)
Comprehensive income (loss) 5.8     72.9   (66.9) (0.2)
Recognition of stock-based compensation 5.7   5.7        
Shares issued under compensation plans (in shares)   0.2          
Shares issued under compensation plans (1.8) $ 0.2 (2.0)        
Common stock purchases (in shares)   (1.8)          
Common stock purchases (50.0)       (50.0)    
Dividends declared to noncontrolling interests (0.1)           (0.1)
Ending balance (in shares) at Sep. 30, 2023   220.1          
Ending balance at Sep. 30, 2023 $ 1,648.6 $ 253.7 $ 1,561.2 $ 1,213.1 $ (937.3) $ (486.6) $ 44.5