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STATEMENT OF CHANGES IN EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Jun. 30, 2023
Equity [Abstract]  
Summary of Statement of Changes in Equity and Accumulated Other Comprehensive Income (Loss)
 Three Months Ended June 30, 2023
 Total
Equity
Retained
Earnings
Common Stock
& Additional
Contributed
Capital
Treasury
Stock
Noncontrolling
Interest
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, April 1, 2023$1,667.1 $3,039.6 $567.9 $(1,869.2)$.6 $(71.8)
Net earnings54.2 54.2 — — — — 
Dividends declared (See Note 6)
(61.2)(62.6)1.4 — — — 
Treasury stock purchased(.1)— — (.1)— — 
Treasury stock issued1.4 — (1.0)2.4 — — 
Foreign currency translation adjustments4.2 — — — — 4.2 
Cash flow hedges, net of tax(1.0)— — — — (1.0)
Defined benefit pension plans, net of tax.1 — — — — .1 
Stock-based compensation transactions, net of tax3.9 — 3.9 — — — 
Ending balance, June 30, 2023$1,668.6 $3,031.2 $572.2 $(1,866.9)$.6 $(68.5)
 Three Months Ended June 30, 2022
 Total
Equity
Retained
Earnings
Common Stock
& Additional
Contributed
Capital
Treasury
Stock
Noncontrolling
Interest
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, April 1, 2022$1,671.4 $3,006.0 $558.4 $(1,848.4)$.6 $(45.2)
Net earnings95.2 95.2 — — — — 
Dividends declared (See Note 6)
(58.6)(59.9)1.3 — — — 
Treasury stock purchased(35.2)— — (35.2)— — 
Treasury stock issued1.2 — (1.0)2.2 — — 
Foreign currency translation adjustments(61.0)— — — — (61.0)
Cash flow hedges, net of tax(2.8)— — — — (2.8)
Defined benefit pension plans, net of tax(.2)— — — — (.2)
Stock-based compensation transactions, net of tax4.6 — 4.6 — — — 
Ending balance, June 30, 2022$1,614.6 $3,041.3 $563.3 $(1,881.4)$.6 $(109.2)
 Six Months Ended June 30, 2023
 Total
Equity
Retained
Earnings
Common Stock & Additional
Contributed
Capital
Treasury
Stock
Noncontrolling
Interest
Accumulated
Other
Comprehensive
Income (Loss)
Beginning balance, January 1, 2023$1,641.4 $3,046.0 $570.5 $(1,882.3)$.7 $(93.5)
Net earnings107.7 107.7 — — — — 
Dividends declared (See Note 6)
(119.7)(122.5)2.8 — — — 
Treasury stock purchased(5.3)— — (5.3)— — 
Treasury stock issued3.4 — (17.3)20.7 — — 
Foreign currency translation adjustments22.9 — — — (.1)23.0 
Cash flow hedges, net of tax1.7 — — — — 1.7 
Defined benefit pension plans, net of tax.3 — — — — .3 
Stock-based compensation transactions, net of tax16.2 — 16.2 — — — 
Ending balance, June 30, 2023$1,668.6 $3,031.2 $572.2 $(1,866.9)$.6 $(68.5)
 Six Months Ended June 30, 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 earnings185.6 185.6 — — — — 
Dividends declared (See Note 6)
(114.7)(117.3)2.6 — — — 
Treasury stock purchased(56.8)— — (56.8)— — 
Treasury stock issued6.9 — (15.1)22.0 — — 
Foreign currency translation adjustments(69.8)— — — — (69.8)
Cash flow hedges, net of tax(1.8)— — — — (1.8)
Defined benefit pension plans, net of tax.7 — — — — .7 
Stock-based compensation transactions, net of tax15.9 — 15.9 — — — 
Ending balance, June 30, 2022$1,614.6 $3,041.3 $563.3 $(1,881.4)$.6 $(109.2)
Summary of Changes in Each Component of Accumulated Other Comprehensive Income (Loss)
The following tables set forth the components of and changes in each component of accumulated other comprehensive income (loss) for each of the periods presented:
Three Months Ended June 30,
Foreign Currency
Translation
Adjustments
Cash Flow
Hedges
Defined Benefit
Pension Plans
Accumulated
Other
Comprehensive
Income (Loss)
Balance, April 1, 2023$(64.7)$11.1 $(18.2)$(71.8)
Other comprehensive income (loss)4.2 (1.8)(.4)2.0 
Reclassifications, pretax— .8 .5 1.3 
Balance, June 30, 2023$(60.5)$10.1 $(18.1)$(68.5)
Balance, April 1, 2022$(20.5)$12.9 $(37.6)$(45.2)
Other comprehensive income (loss)(61.0)(2.9)(1.0)(64.9)
Reclassifications, pretax— (.4).7 .3 
Income tax effect— .5 .1 .6 
Balance, June 30, 2022$(81.5)$10.1 $(37.8)$(109.2)
Six Months Ended June 30,
Foreign Currency
Translation
Adjustments
Cash Flow
Hedges
Defined Benefit
Pension Plans
Accumulated
Other
Comprehensive
Income (Loss)
Balance, January 1, 2023$(83.5)$8.4 $(18.4)$(93.5)
Other comprehensive income (loss)22.9 .8 (.5)23.2 
Reclassifications, pretax— 1.4 .9 2.3 
Income tax effect— (.5)(.1)(.6)
Attributable to noncontrolling interest.1 — — .1 
Balance, June 30, 2023$(60.5)$10.1 $(18.1)$(68.5)
Balance, January 1, 2022$(11.7)$11.9 $(38.5)$(38.3)
Other comprehensive income (loss)(69.8)(.5)(1.0)(71.3)
Reclassifications, pretax— (1.6)1.4 (.2)
Income tax effect— .3 .3 .6 
Balance, June 30, 2022$(81.5)$10.1 $(37.8)$(109.2)