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Equity
9 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Equity Equity
Accumulated other comprehensive income (loss)
Summarized below is the roll forward of accumulated other comprehensive income (loss), net of tax.
(in Millions)Foreign currency adjustments
Derivative Instruments (1)
Pension and other postretirement benefits (2)
Total
Accumulated other comprehensive income (loss), net of tax at December 31, 2021$(62.5)$(22.2)$(240.8)$(325.5)
2022 Activity
Other comprehensive income (loss) before reclassifications(211.4)(36.4)(0.1)(247.9)
Amounts reclassified from accumulated other comprehensive income (loss)4.2 20.4 6.8 31.4 
Net current period other comprehensive income (loss)$(207.2)$(16.0)$6.7 $(216.5)
Accumulated other comprehensive income (loss), net of tax at September 30, 2022$(269.7)$(38.2)$(234.1)$(542.0)

(in Millions)Foreign currency adjustments
Derivative Instruments (1)
Pension and other postretirement benefits (2)
Total
Accumulated other comprehensive income (loss), net of tax at December 31, 2020$24.0 $(71.8)$(234.4)$(282.2)
Cumulative Effect of Accounting Changes (See Note 1)— — 1.51.5
Accumulated other comprehensive income (loss), net of tax at December 31, 2020$24.0 $(71.8)$(232.9)$(280.7)
2021 Activity
Other comprehensive income (loss) before reclassifications (61.1)34.1 (2.2)(29.2)
Amounts reclassified from accumulated other comprehensive income (loss)— 11.8 6.9 18.7 
Net current period other comprehensive income (loss)$(61.1)$45.9 $4.7 $(10.5)
Accumulated other comprehensive income (loss), net of tax at September 30, 2021$(37.1)$(25.9)$(228.2)$(291.2)
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(1)    See Note 18 for more information.
(2)    See Note 16 for more information.

Certain amounts have been adjusted to reflect the change in pension accounting method, as described in Note 1 to our condensed consolidated financial statements.
Reclassifications of accumulated other comprehensive income (loss)
The table below provides details about the reclassifications from accumulated other comprehensive income (loss) and the affected line items in the condensed consolidated statements of income (loss) for each of the periods presented:
Details about Accumulated Other Comprehensive Income Components
Amounts Reclassified from Accumulated Other Comprehensive Income (Loss) (1)
Affected Line Item in the Condensed Consolidated Statements of Income (Loss)
Three Months Ended September 30,Nine Months Ended September 30,
(in Millions)2022202120222021
Foreign currency translation adjustments:
Divestiture of Russia operations (2)
$— $— $(4.2)$— Restructuring and other charges (income)
Derivative instruments
Gain (loss) on foreign currency contracts$(17.6)$(1.9)$(32.7)$(14.3)Costs of sales and services
Gain (loss) on foreign currency contracts0.5 1.7 4.0 2.0 Selling, general and administrative expenses
Gain (loss) on interest rate contracts(1.0)(1.0)(3.0)(3.1)Interest expense, net
Total before tax$(18.1)$(1.2)$(31.7)$(15.4)
6.1 0.6 11.3 3.6 Provision for income taxes
Amount included in net income (loss)$(12.0)$(0.6)$(20.4)$(11.8)
Pension and other postretirement benefits (3)
Amortization of prior service costs$— $(0.1)$— $(0.2)Selling, general and administrative expenses
Amortization of unrecognized net actuarial and other gains (losses)0.1 (2.7)(8.1)(8.1)Non-operating pension and postretirement charges (income)
Recognized loss due to curtailment and settlement(0.1)(0.4)(0.5)(0.4)Non-operating pension and postretirement charges (income); Discontinued operations, net of income taxes
Total before tax$ $(3.2)$(8.6)$(8.7)
— 0.7 1.8 1.8 Provision for income taxes; Discontinued operations, net of income taxes
Amount included in net income (loss)$ $(2.5)$(6.8)$(6.9)
Total reclassifications for the period$(12.0)$(3.1)$(31.4)$(18.7)Amount included in net income
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(1)Amounts in parentheses indicate charges to the condensed consolidated statements of income (loss).
(2)The reclassification of historical cumulative translation adjustments was the result of the exit from our Russian operations. See Note 9 within these consolidated financial statements for more information.
(3)Pension and other postretirement benefits amounts include the impact from both continuing and discontinued operations. For detail on the continuing operations components of pension and other postretirement benefits, see Note 16. Certain amounts have been adjusted to reflect the change in pension accounting method, as described in Note 1 to our condensed consolidated financial statements.
Dividends and Share Repurchases
During the nine months ended September 30, 2022 and September 30, 2021, we paid dividends of $200.6 million and $186.2 million, respectively. On October 20, 2022, we paid dividends totaling $66.9 million to our shareholders of record as of September 30, 2022. This amount is included in "Accrued and other liabilities" on the condensed consolidated balance sheet as of September 30, 2022.

In February 2022, the Board of Directors authorized the repurchase of up to $1 billion of the Company's common stock. The $1 billion share repurchase program is replacing the previous authorization in its entirety. During the nine months ended September 30, 2022, no shares were repurchased under the publicly announced repurchase program. At September 30, 2022, $1.0 billion remained unused under our Board-authorized repurchase program. In October, 0.9 million shares were repurchased under the publicly announced repurchase program, totaling $100 million. This repurchase program does not include a specific timetable or price targets and may be suspended or terminated at any time. Shares may be purchased through open market or privately negotiated transactions at the discretion of management based on its evaluation of market conditions and other factors. We also reacquire shares from time to time from employees in connection with the vesting, exercise and forfeiture of awards under our equity compensation plans.