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Equity (Tables)
 3 Months Ended
Mar. 31, 2015
Stockholders' Equity Note [Abstract]  
Schedule of share repurchase activity
The Company’s recent share repurchase activity under the prior $800.0 million share repurchase authorization is presented in the following table:
 
Three Months Ended
 
March 31,
 
2015
 
2014
Number of shares repurchased (1) (2)
4,084,590

 
2,699,714

Cash paid for repurchased shares during the quarter (in thousands) (2)
$
324,042

 
$
195,850

 
(1)
The average cost of the repurchased shares was $81.83 and $70.34 for the three months ended March 31, 2015 and 2014, respectively. The total cost of shares repurchased in the three months ended March 31, 2015 was $334.2 million.

(2)
The cash paid for the three months ended March 31, 2015 includes $2.7 million for share repurchase transactions that occurred in late December 2014 that were paid in early January 2015. It excludes $12.9 million for share repurchase transactions that occurred in late March 2015 that was paid in early April 2015.


Schedule of the changes in AOCI by component (net of tax)
The following tables disclose information about changes in accumulated other comprehensive loss ("AOCL") by component and the related amounts reclassified out of AOCL to income during the years indicated (net of tax, in thousands) (1):

For the three months ended March 31, 2015:
 
Interest Rate
Swaps
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – December 31, 2014

$
(1,740
)
 
$
(6,028
)
 
$
(13,402
)
 
$
(21,170
)
Changes during the period:
 

 
 

 
 

 
 

Change in AOCL before reclassifications to income
(1,857
)
 
—

 
(20,107
)
 
(21,964
)
Reclassifications from AOCL to income during the period (2), (3)
753

 
53

 
—

 
806

Other comprehensive (loss) income for the period
(1,104
)
 
53

 
(20,107
)
 
(21,158
)
Balance – March 31, 2015
$
(2,844
)
 
$
(5,975
)
 
$
(33,509
)
 
$
(42,328
)

For the three months ended March 31, 2014:
 
Interest Rate
Swap
 
Defined
Benefit
Pension Plans
 
Foreign
Currency
Translation
Adjustments
 
Total
Balance – December 31, 2013
$
(3,903
)
 
$
(1,811
)
 
$
14,059

 
$
8,345

Changes during the period:
 
 
 
 
 
 
 
Change in AOCL before reclassifications to income

(132
)
 
—

 
(278
)
 
(410
)
Reclassifications from AOCL to income during the period (2), (3)

602

 
15

 
—

 
617

Other comprehensive income (loss) for the period
470

 
15

 
(278
)
 
207

Balance – March 31, 2014
$
(3,433
)
 
$
(1,796
)
 
$
13,781

 
$
8,552


 
(1)
Amounts in parentheses represent debits (deferred losses).

(2)
The reclassifications related to interest rate swaps (cash flow hedges) were recorded in Interest expense, net of tax effect. See Note 9 – Derivatives and Hedging for information regarding the hedges.

(3)
The reclassifications related to defined benefit pension plans were recorded in Selling, general and administrative expense, net of tax effect. See Note 11 – Employee Benefits for information regarding the Company’s defined benefit pension plans.