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Equity (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Schedule of basic and diluted earnings per share
The computation of basic and diluted earnings per share is as follows (in millions, except per share amounts): 
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Income from continuing operations attributable to DST Systems, Inc.
$
34.3

 
$
95.5

 
$
73.9

 
$
188.6

Income from discontinued operations
18.7

 
12.0

 
37.2

 
26.7

Net income attributable to DST Systems, Inc.
$
53.0

 
$
107.5

 
$
111.1

 
$
215.3

 
 
 
 
 
 
 
 
Weighted average common shares outstanding
33.3

 
36.6

 
33.6

 
36.9

Incremental shares from restricted stock units and stock options
0.3

 
0.4

 
0.3

 
0.4

Weighted average diluted shares outstanding
33.6

 
37.0

 
33.9

 
37.3

 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
1.03

 
$
2.61

 
$
2.20

 
$
5.11

Discontinued operations
0.56

 
0.33

 
1.11

 
0.73

Basic earnings per share
$
1.59

 
$
2.94

 
$
3.31

 
$
5.84

 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
Continuing operations attributable to DST Systems, Inc.
$
1.03

 
$
2.58

 
$
2.18

 
$
5.06

Discontinued operations
0.55

 
0.33

 
1.10

 
0.72

Diluted earnings per share
$
1.58

 
$
2.91

 
$
3.28

 
$
5.78

Schedule of accumulated other comprehensive income
Accumulated other comprehensive income (loss) balances consist of the following (in millions), net of tax:
 
Unrealized Gain on Available-for-Sale Securities
 
Unrealized Gain (Loss) on Cash Flow Hedges
 
Foreign Currency
Translation
Adjustments
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance, December 31, 2015
$
84.0

 
$
(0.1
)
 
$
(42.0
)
 
$
41.9

Net current period other comprehensive income (loss)
(22.4
)
 
0.2

 
(23.2
)
 
(45.4
)
Balance, June 30, 2016
$
61.6

 
$
0.1

 
$
(65.2
)
 
$
(3.5
)
Additions to and reclassification out of accumulated other comprehensive income
Additions to and reclassifications out of accumulated other comprehensive income attributable to the Company are as follows (in millions):
 
Three Months Ended
 
June 30,
 
2016
 
2015
 
Pretax
 
Net of Tax
 
Pretax
 
Net of Tax
Available-for-sale securities
 
 
 
 
 
 
 
Unrealized gains (losses) on available-for-sale securities
$
(9.9
)
 
$
(6.1
)
 
$
11.8

 
$
8.4

Reclassification of (gains) losses into net earnings on available-for-sale securities (1)

 

 
(86.9
)
 
(54.5
)
Net change in available-for-sale securities
(9.9
)
 
(6.1
)
 
(75.1
)
 
(46.1
)
Cash flow hedges
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedges

 

 
(0.1
)
 

Reclassification of (gains) losses into net earnings on foreign currency cash flow hedges (2)
(0.1
)
 

 
0.1

 
0.1

Net change in cash flow hedges
(0.1
)
 

 

 
0.1

Cumulative translation adjustments (3)
(20.0
)
 
(20.1
)
 
5.9

 
5.9

Total other comprehensive loss
$
(30.0
)
 
$
(26.2
)
 
$
(69.2
)
 
$
(40.1
)
 
Six Months Ended
 
June 30,
 
2016
 
2015
 
Pretax
 
Net of Tax
 
Pretax
 
Net of Tax
Available-for-sale securities
 
 
 
 
 
 
 
Unrealized gains (losses) on available-for-sale securities
$
(34.2
)
 
$
(21.2
)
 
$
(6.4
)
 
$
(3.8
)
Reclassification of (gains) losses into net earnings on available-for-sale securities (1)
(1.9
)
 
(1.2
)
 
(160.9
)
 
(99.7
)
Net change in available-for-sale securities
(36.1
)
 
(22.4
)
 
(167.3
)
 
(103.5
)
Cash flow hedges
 
 
 
 
 
 
 
Unrealized gains (losses) on cash flow hedges
0.5

 
0.3

 

 

Reclassification of (gains) losses into net earnings on foreign currency cash flow hedges (2)
(0.2
)
 
(0.1
)
 
0.2

 
0.2

Net change in cash flow hedges
0.3

 
0.2

 
0.2

 
0.2

Cumulative translation adjustments (3)
(23.2
)
 
(23.2
)
 
(4.4
)
 
(4.4
)
Total other comprehensive loss
$
(59.0
)
 
$
(45.4
)
 
$
(171.5
)
 
$
(107.7
)
_______________________________________________________________    
(1)
Realized gains and losses on available-for-sale securities are recognized in Other income, net on the Condensed Consolidated Statement of Income.
(2)
Reclassification to net earnings of foreign currency cash flow hedges are recognized in Costs and expenses on the Condensed Consolidated Statement of Income.
(3) Cumulative translation adjustments are inclusive of amounts derived from assets and liabilities held for sale.