XML 21 R10.htm IDEA: XBRL DOCUMENT v3.24.3
CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Common Stock Outstanding, Beginning Balance at Dec. 31, 2022   82.7      
Common Stock, Shares [Abstract]          
Activity from stock incentive plans, shares   0.2      
Share repuchases, shares   (0.7)      
Share repurchases from net settlement of employee stock incentive plans, shares   (0.1)      
Common Stock Outstanding, Ending Balance at Sep. 30, 2023   82.1      
Common Stock, Shares [Abstract]          
Activity from stock incentive plans, shares   0.2      
Share repuchases, shares   (0.7)      
Share repurchases from net settlement of employee stock incentive plans, shares   (0.1)      
Total shareholders' equity, Beginning Balance at Dec. 31, 2022 $ 2,257.4   $ 2,509.7 $ (344.3) $ 9.3
Shareholders' Equity, Dollars [Abstract]          
Net income 321.4   319.0   2.4
Shares issued and activity from stock incentive plans 15.7 $ 0.2 15.5    
Shares repurchased under repurchase plan (60.5) (0.7) (59.8)    
Shares withheld related to net share settlement of stock incentive plans (6.7) (0.1) (6.6)    
Dividends Declared (72.0)   (72.0)    
Dividends to noncontrolling interest (1.7)       (1.7)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively 0.2     0.2  
Net foreign currency translation adjustment (34.7)     (34.7)  
Other 0.1       0.1
Total shareholders' equity, Ending Balance at Sep. 30, 2023 2,419.2 82.1 2,705.8 (378.8) 10.1
Shareholders' Equity, Dollars [Abstract]          
Net income 321.4   319.0   2.4
Shares issued and activity from stock incentive plans 15.7 0.2 15.5    
Shares repurchased under repurchase plan (60.5) (0.7) (59.8)    
Shares withheld related to net share settlement of stock incentive plans (6.7) $ (0.1) (6.6)    
Dividends Declared (72.0)   (72.0)    
Dividends to noncontrolling interest (1.7)       (1.7)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively 0.2     0.2  
Net foreign currency translation adjustment (34.7)     (34.7)  
Other 0.1       0.1
Common Stock Outstanding, Beginning Balance at Jul. 01, 2023   82.1      
Common Stock Outstanding, Ending Balance at Sep. 30, 2023   82.1      
Total shareholders' equity, Beginning Balance at Jul. 01, 2023 2,357.6 $ 82.1 2,614.0 (349.2) 10.7
Shareholders' Equity, Dollars [Abstract]          
Net income 111.8   110.8   1.0
Shares issued and activity from stock incentive plans 5.2   5.2    
Shares withheld related to net share settlement of stock incentive plans (0.3)   (0.3)    
Dividends Declared (23.9)   (23.9)    
Dividends to noncontrolling interest (1.6)       (1.6)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively 0.9     (0.9)  
Net foreign currency translation adjustment (30.5)     (30.5)  
Total shareholders' equity, Ending Balance at Sep. 30, 2023 2,419.2 $ 82.1 2,705.8 (378.8) 10.1
Shareholders' Equity, Dollars [Abstract]          
Net income 111.8   110.8   1.0
Shares issued and activity from stock incentive plans 5.2   5.2    
Shares withheld related to net share settlement of stock incentive plans (0.3)   (0.3)    
Dividends Declared (23.9)   (23.9)    
Dividends to noncontrolling interest (1.6)       (1.6)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively 0.9     (0.9)  
Net foreign currency translation adjustment $ (30.5)     (30.5)  
Common Stock Outstanding, Beginning Balance at Dec. 31, 2023 82.1 82.1      
Common Stock, Shares [Abstract]          
Activity from stock incentive plans, shares   0.3      
Share repuchases, shares   (0.8)      
Share repurchases from net settlement of employee stock incentive plans, shares   (0.1)      
Common Stock Outstanding, Ending Balance at Sep. 28, 2024 81.5 81.5      
Common Stock, Shares [Abstract]          
Activity from stock incentive plans, shares   0.3      
Share repuchases, shares   (0.8)      
Share repurchases from net settlement of employee stock incentive plans, shares   (0.1)      
Total shareholders' equity, Beginning Balance at Dec. 31, 2023 $ 2,539.1 $ 82.1 2,778.0   10.9
Shareholders' Equity, Dollars [Abstract]          
Net income 394.1   391.3   2.8
Shares issued and activity from stock incentive plans 20.1 0.3 19.8    
Shares repurchased under repurchase plan (104.9) (0.8) (104.1)    
Shares withheld related to net share settlement of stock incentive plans (13.2) (0.1) (13.1)    
Dividends Declared (78.6)   (78.6)    
Dividends to noncontrolling interest (2.3)       (2.3)
Purchase of noncontrolling interest (5.0)   (0.1)   (4.9)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively (3.6)     (3.6)  
Net foreign currency translation adjustment 10.0     10.0  
Total shareholders' equity, Ending Balance at Sep. 28, 2024 2,755.7 81.5 2,993.2 (325.5) 6.5
Shareholders' Equity, Dollars [Abstract]          
Net income 394.1   391.3   2.8
Shares issued and activity from stock incentive plans 20.1 0.3 19.8    
Shares repurchased under repurchase plan (104.9) (0.8) (104.1)    
Shares withheld related to net share settlement of stock incentive plans (13.2) $ (0.1) (13.1)    
Dividends Declared (78.6)   (78.6)    
Dividends to noncontrolling interest (2.3)       (2.3)
Purchase of noncontrolling interest (5.0)   (0.1)   (4.9)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively (3.6)     (3.6)  
Net foreign currency translation adjustment $ 10.0     10.0  
Common Stock Outstanding, Beginning Balance at Jun. 29, 2024   81.7      
Common Stock, Shares [Abstract]          
Share repuchases, shares   (0.2)      
Common Stock Outstanding, Ending Balance at Sep. 28, 2024 81.5 81.5      
Common Stock, Shares [Abstract]          
Share repuchases, shares   (0.2)      
Total shareholders' equity, Beginning Balance at Jun. 29, 2024 $ 2,589.2 $ 81.7 2,877.7 (382.8) 12.6
Shareholders' Equity, Dollars [Abstract]          
Net income 161.7   161.1   0.6
Shares issued and activity from stock incentive plans 6.1   6.1    
Shares repurchased under repurchase plan (25.3) (0.2) (25.1)    
Shares withheld related to net share settlement of stock incentive plans (0.4)   (0.4)    
Dividends Declared (26.1)   (26.1)    
Dividends to noncontrolling interest (1.8)       (1.8)
Purchase of noncontrolling interest (5.0)   (0.1)   (4.9)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively (1.9)     1.9  
Net foreign currency translation adjustment 59.2     59.2  
Total shareholders' equity, Ending Balance at Sep. 28, 2024 2,755.7 81.5 2,993.2 (325.5) 6.5
Shareholders' Equity, Dollars [Abstract]          
Net income 161.7   161.1   0.6
Shares issued and activity from stock incentive plans 6.1   6.1    
Shares repurchased under repurchase plan (25.3) $ (0.2) (25.1)    
Shares withheld related to net share settlement of stock incentive plans (0.4)   (0.4)    
Dividends Declared (26.1)   (26.1)    
Dividends to noncontrolling interest (1.8)       (1.8)
Purchase of noncontrolling interest (5.0)   $ (0.1)   $ (4.9)
Net change in postretirement benefit plans, net of tax impacts of $0.6, $(0.3), $1.2, and $1.8, respectively (1.9)     1.9  
Net foreign currency translation adjustment $ 59.2     $ 59.2