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

9 Months Ended

Sep. 30, 2023

Equity [Abstract]

Summary of Statement of Changes in Equity

	Three Months Ended September 30, 2023
	Total Equity		Retained Earnings		Common Stock & Additional Contributed Capital		Treasury Stock		Noncontrolling Interest		Accumulated Other Comprehensive Income (Loss)
Beginning balance, July 1, 2023	$	1,668.6	$	3,031.2	$	572.2	$	(1,866.9)	$	.6	$	(68.5)
Net earnings	52.9		52.8		—		—		.1		—
Dividends declared (See Note 6)	(61.3)		(62.7)		1.4		—		—		—
Treasury stock purchased	(.6)		—		—		(.6)		—		—
Treasury stock issued	1.2		—		(1.4)		2.6		—		—
Foreign currency translation adjustments	(26.2)		—		—		—		.1		(26.3)
Cash flow hedges, net of tax	(2.2)		—		—		—		—		(2.2)
Defined benefit pension plans, net of tax	.3		—		—		—		—		.3
Stock-based compensation transactions, net of tax	3.2		—		3.2		—		—		—
Ending balance, September 30, 2023	$	1,635.9	$	3,021.3	$	575.4	$	(1,864.9)	$	.8	$	(96.7)

	Three Months Ended September 30, 2022
	Total Equity		Retained Earnings		Common Stock & Additional Contributed Capital		Treasury Stock		Noncontrolling Interest		Accumulated Other Comprehensive Income (Loss)
Beginning balance, July 1, 2022	$	1,614.6	$	3,041.3	$	563.3	$	(1,881.4)	$	.6	$	(109.2)
Net earnings	71.5		71.4		—		—		.1		—
Dividends declared (See Note 6)	(58.4)		(59.7)		1.3		—		—		—
Treasury stock purchased	(3.5)		—		—		(3.5)		—		—
Treasury stock issued	1.4		—		—		1.4		—		—
Foreign currency translation adjustments	(61.7)		—		—		—		(.1)		(61.6)
Cash flow hedges, net of tax	(4.2)		—		—		—		—		(4.2)
Defined benefit pension plans, net of tax	.9		—		—		—		—		.9
Stock-based compensation transactions, net of tax	2.2		—		2.2		—		—		—
Ending balance, September 30, 2022	$	1,562.8	$	3,053.0	$	566.8	$	(1,883.5)	$	.6	$	(174.1)

	Nine Months Ended September 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 earnings	160.6		160.5		—		—		.1		—
Dividends declared (See Note 6)	(181.0)		(185.2)		4.2		—		—		—
Treasury stock purchased	(5.9)		—		—		(5.9)		—		—
Treasury stock issued	4.6		—		(18.7)		23.3		—		—
Foreign currency translation adjustments	(3.3)		—		—		—		—		(3.3)
Cash flow hedges, net of tax	(.5)		—		—		—		—		(.5)
Defined benefit pension plans, net of tax	.6		—		—		—		—		.6
Stock-based compensation transactions, net of tax	19.4		—		19.4		—		—		—
Ending balance, September 30, 2023	$	1,635.9	$	3,021.3	$	575.4	$	(1,864.9)	$	.8	$	(96.7)

	Nine Months Ended September 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 earnings	257.1		257.0		—		—		.1		—
Dividends declared (See Note 6)	(173.1)		(177.0)		3.9		—		—		—
Treasury stock purchased	(60.3)		—		—		(60.3)		—		—
Treasury stock issued	8.3		—		(15.1)		23.4		—		—
Foreign currency translation adjustments	(131.5)		—		—		—		(.1)		(131.4)
Cash flow hedges, net of tax	(6.0)		—		—		—		—		(6.0)
Defined benefit pension plans, net of tax	1.6		—		—		—		—		1.6
Stock-based compensation transactions, net of tax	18.1		—		18.1		—		—		—
Ending balance, September 30, 2022	$	1,562.8	$	3,053.0	$	566.8	$	(1,883.5)	$	.6	$	(174.1)

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 September 30,
	Foreign Currency Translation Adjustments		Cash Flow Hedges		Defined Benefit Pension Plans		Accumulated Other Comprehensive Income (Loss)
Balance, July 1, 2023	$	(60.5)	$	10.1	$	(18.1)	$	(68.5)
Other comprehensive income (loss)	(26.2)		(3.2)		.2		(29.2)
Reclassifications, pretax	—		.5		.2		.7
Income tax effect	—		.5		(.1)		.4
Attributable to noncontrolling interest	(.1)		—		—		(.1)
Balance, September 30, 2023	$	(86.8)	$	7.9	$	(17.8)	$	(96.7)
Balance, July 1, 2022	$	(81.5)	$	10.1	$	(37.8)	$	(109.2)
Other comprehensive income (loss)	(61.7)		(5.1)		.6		(66.2)
Reclassifications, pretax	—		(.1)		.6		.5
Income tax effect	—		1.0		(.3)		.7
Attributable to noncontrolling interest	.1		—		—		.1
Balance, September 30, 2022	$	(143.1)	$	5.9	$	(36.9)	$	(174.1)

	Nine Months Ended September 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)	(3.3)		(2.4)		(.3)		(6.0)
Reclassifications, pretax	—		1.9		1.1		3.0
Income tax effect	—		—		(.2)		(.2)
Balance, September 30, 2023	$	(86.8)	$	7.9	$	(17.8)	$	(96.7)
Balance, January 1, 2022	$	(11.7)	$	11.9	$	(38.5)	$	(38.3)
Other comprehensive income (loss)	(131.5)		(5.6)		(.4)		(137.5)
Reclassifications, pretax	—		(1.7)		2.0		.3
Income tax effect	—		1.3		—		1.3
Attributable to noncontrolling interest	.1		—		—		.1
Balance, September 30, 2022	$	(143.1)	$	5.9	$	(36.9)	$	(174.1)