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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury at Cost
Balance at Dec. 31, 2022 $ 3,185.7 $ 0.7 $ 806.0 $ 3,315.0 $ (92.3) $ (843.7)
Net income 447.2 0.0 0.0 447.2 0.0 0.0
Pension and post-employment benefits, net of tax (1.2) 0.0 0.0 0.0 (1.2) 0.0
Currency translation adjustments (7.5) 0.0 0.0 0.0 (7.5) 0.0
Derivative instruments, net of tax (8.9) 0.0 0.0 0.0 (8.9) 0.0
Cash dividends (80.3) 0.0 0.0 (80.3) 0.0 0.0
Repurchases of Common Stock (22.6) 0.0 0.0 0.0 0.0 (22.6)
Exercise of stock options 9.0 0.0 1.5 0.0 0.0 7.5
Stock-based compensation expense 25.7 0.0 25.7 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (5.9) 0.0 0.0 5.9
Shares tendered for taxes on stock-based compensation (3.9) 0.0 0.0 0.0 0.0 (3.9)
Other 0.1 0.0 (0.4) 0.0 0.0 0.5
Balance at Sep. 30, 2023 3,543.3 0.7 826.9 3,681.9 (109.9) (856.3)
Balance at Jun. 30, 2023 3,396.8 0.7 816.1 3,524.9 (83.2) (861.7)
Net income 183.7 0.0 0.0 183.7 0.0 0.0
Pension and post-employment benefits, net of tax (0.4) 0.0 0.0 0.0 (0.4) 0.0
Currency translation adjustments (22.4) 0.0 0.0 0.0 (22.4) 0.0
Derivative instruments, net of tax (3.9) 0.0 0.0 0.0 (3.9) 0.0
Cash dividends (26.7) 0.0 0.0 (26.7) 0.0 0.0
Exercise of stock options 6.2 0.0 1.0 0.0 0.0 5.2
Stock-based compensation expense 10.1 0.0 10.1 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (0.3) 0.0 0.0 0.3
Shares tendered for taxes on stock-based compensation (0.1) 0.0 0.0 0.0 0.0 (0.1)
Balance at Sep. 30, 2023 3,543.3 0.7 826.9 3,681.9 (109.9) (856.3)
Balance at Dec. 31, 2023 3,705.3 0.7 823.0 3,805.8 (72.0) (852.2)
Net income 528.3 0.0 0.0 528.3 0.0 0.0
Pension and post-employment benefits, net of tax (1.3) 0.0 0.0 0.0 (1.3) 0.0
Currency translation adjustments 1.0 0.0 0.0 0.0 1.0 0.0
Cash dividends (90.1) 0.0 0.0 (90.1) 0.0 0.0
Repurchases of Common Stock (65.6) 0.0 0.0 0.0 0.0 (65.6)
Exercise of stock options 4.1 0.0 0.9 0.0 0.0 3.2
Stock-based compensation expense 29.4 0.0 29.4 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (12.1) 0.0 0.0 12.1
Shares tendered for taxes on stock-based compensation (9.4) 0.0 0.0 0.0 0.0 (9.4)
Other 0.3 0.0 (0.2) 0.0 0.0 0.5
Balance at Sep. 30, 2024 4,102.0 0.7 841.0 4,244.0 (72.3) (911.4)
Balance at Jun. 30, 2024 3,924.9 0.7 833.0 4,093.6 (101.7) (900.7)
Net income 180.3 0.0 0.0 180.3 0.0 0.0
Pension and post-employment benefits, net of tax (0.4) 0.0 0.0 0.0 (0.4) 0.0
Currency translation adjustments 29.9 0.0 0.0 0.0 29.9 0.0
Derivative instruments, net of tax (0.1) 0.0 0.0 0.0 (0.1) 0.0
Cash dividends (29.9) 0.0 0.0 (29.9) 0.0 0.0
Repurchases of Common Stock (11.0) 0.0 0.0 0.0 0.0 (11.0)
Exercise of stock options 0.0 0.0 0.0 0.0 0.0 0.0
Stock-based compensation expense 9.0 0.0 9.0   0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (1.1) 0.0 0.0 1.1
Shares tendered for taxes on stock-based compensation (0.8) 0.0 0.0 0.0 0.0 (0.8)
Other 0.1 0.0 0.1 0.0 0.0 0.0
Balance at Sep. 30, 2024 $ 4,102.0 $ 0.7 $ 841.0 $ 4,244.0 $ (72.3) $ (911.4)