STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2022

Summary of Statement of Changes in Equity and Accumulated Other Comprehensive Income (Loss)


	Three Months Ended March 31, 2022
	Total Equity		Retained Earnings		Common Stock & Additional Contributed Capital		Treasury Stock		Noncontrolling Interest		Accumulated Other Comprehensive Income (Loss)
Beginning balance, January 1, 2022	$	1,648.6	$	2,973.0	$	559.9	$	(1,846.6)	$	.6	$	(38.3)


Net earnings	90.4		90.4		—		—		—		—

Dividends declared (See Note 5)	(56.1)		(57.4)		1.3		—		—		—

Treasury stock purchased	(21.6)		—		—		(21.6)		—		—
Treasury stock issued	5.7		—		(14.1)		19.8		—		—
Foreign currency translation adjustments	(8.8)		—		—		—		—		(8.8)
Cash flow hedges, net of tax	1.0		—		—		—		—		1.0
Defined benefit pension plans, net of tax	.9		—		—		—		—		.9
Stock-based compensation transactions, net of tax	11.3		—		11.3		—		—		—

Ending balance, March 31, 2022	$	1,671.4	$	3,006.0	$	558.4	$	(1,848.4)	$	.6	$	(45.2)


	Three Months Ended March 31, 2021
	Total Equity		Retained Earnings		Common Stock & Additional Contributed Capital		Treasury Stock		Noncontrolling Interest		Accumulated Other Comprehensive Income (Loss)
Beginning balance, January 1, 2021	$	1,425.1	$	2,797.2	$	545.2	$	(1,865.4)	$	.5	$	(52.4)


Net earnings	87.5		87.5		—		—		—		—
Dividends declared (See Note 5)	(53.4)		(54.8)		1.4		—		—		—

Treasury stock purchased	(8.9)		—		—		(8.9)		—		—
Treasury stock issued	3.3		—		(19.6)		22.9		—		—
Foreign currency translation adjustments	(14.3)		—		—		—		—		(14.3)
Cash flow hedges, net of tax	1.1		—		—		—		—		1.1
Defined benefit pension plans, net of tax	.8		—		—		—		—		.8
Stock-based compensation transactions, net of tax	15.0		—		15.0		—		—		—

Ending balance, March 31, 2021	$	1,456.2	$	2,829.9	$	542.0	$	(1,851.4)	$	.5	$	(64.8)

Summary of Changes in Each Component of Accumulated Other Comprehensive Income (Loss)

The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:


			Three Months Ended March 31,
			Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance, January 1, 2022			$	(11.7)	$	11.9	$	(38.5)	$	(38.3)
Other comprehensive income (loss)			(8.8)		2.4		—		(6.4)
Reclassifications, pretax 1			—		(1.2)		.7		(.5)
Income tax effect			—		(.2)		.2		—

Balance, March 31, 2022			$	(20.5)	$	12.9	$	(37.6)	$	(45.2)

Balance, January 1, 2021			$	6.4	$	1.4	$	(60.2)	$	(52.4)
Other comprehensive income (loss)			(14.3)		2.0		(.2)		(12.5)
Reclassifications, pretax 2			—		(.5)		1.3		.8
Income tax effect			—		(.4)		(.3)		(.7)

Balance, March 31, 2021			$	(7.9)	$	2.5	$	(59.4)	$	(64.8)

	1	2022 pretax reclassifications are comprised of:
		Net trade sales	$	—	$	(1.8)	$	—	$	(1.8)
		Cost of goods sold; selling and administrative expenses	—		(.3)		—		(.3)
		Interest expense	—		.9		—		.9
		Other income (expense), net	—		—		.7		.7

		Total reclassifications, pretax	$	—	$	(1.2)	$	.7	$	(.5)

	2	2021 pretax reclassifications are comprised of:
		Net trade sales	$	—	$	(1.8)	$	—	$	(1.8)
		Cost of goods sold; selling and administrative expenses	—		.2		—		.2
		Interest expense	—		1.1		—		1.1
		Other income (expense), net	—		—		1.3		1.3
		Total reclassifications, pretax	$	—	$	(.5)	$	1.3	$	.8