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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Deferred Compensation Equity
Accumulated Other Comprehensive Income (loss).
Retained Earnings
Shares in Treasury
Balance at the beginning of the period at Dec. 31, 2016 $ 2,466.9 $ 78.7 $ 335.3 $ 10.3 $ (122.2) $ 2,547.4 $ (382.6)
Balance (in shares) at Dec. 31, 2016   64,200,000         14,200,000
Increase (Decrease) in Shareholders' Equity              
Net income 365.5         365.5  
Other comprehensive income (loss), net of tax 36.5       36.5    
Cash dividends - $1.44, $1.54 and $1.80 per share for the years ended 2017, 2018 and 2019, respectively (92.1)         (92.1)  
Repurchases of common stock (268.4)           $ (268.4)
Repurchase of common stock (in shares)   (2,700,000)         2,700,000
Issuance and deferrals, net for stock based compensation (1) [1] 19.9   18.4 0.1     $ 1.4
Issuance and deferrals, net for stock-based compensation (in shares) [1]   300,000         (300,000)
Balance at the end of the period at Dec. 31, 2017 2,528.3 $ 78.7 353.7 10.4 (85.7) 2,820.8 $ (649.6)
Balance (in shares) at Dec. 31, 2017   61,800,000         16,600,000
Increase (Decrease) in Shareholders' Equity              
Net income 611.1         611.1  
Other comprehensive income (loss), net of tax (29.9)       (29.9)    
Cash dividends - $1.44, $1.54 and $1.80 per share for the years ended 2017, 2018 and 2019, respectively (93.5)         (93.5)  
Repurchases of common stock (467.0)           $ (467.0)
Repurchase of common stock (in shares)   (4,400,000)         4,400,000
Issuance and deferrals, net for stock based compensation (1) [1] 41.9   30.1 (2.4)     $ 14.2
Issuance and deferrals, net for stock-based compensation (in shares) [1]   500,000         (500,000)
Balance at the end of the period at Dec. 31, 2018 $ 2,597.4 $ 78.7 383.8 8.0 (122.1) 3,351.4 $ (1,102.4)
Balance (in shares) at Dec. 31, 2018 57,957,912 57,900,000         20,500,000
Increase (Decrease) in Shareholders' Equity              
Net income $ 472.8         472.8  
Other comprehensive income (loss), net of tax (2.0)       (2.0)    
Cash dividends - $1.44, $1.54 and $1.80 per share for the years ended 2017, 2018 and 2019, respectively (102.9)         (102.9)  
Repurchases of common stock (374.9)           $ (374.9)
Repurchase of common stock (in shares)   (2,800,000)         2,800,000
Issuance and deferrals, net for stock based compensation (1) [1] 52.4   29.9 (5.1)     $ 27.6
Issuance and deferrals, net for stock-based compensation (in shares) [1]   600,000         (600,000)
Balance at the end of the period at Dec. 31, 2019 $ 2,642.8 $ 78.7 $ 413.7 $ 2.9 $ (124.1) $ 3,721.3 $ (1,449.7)
Balance (in shares) at Dec. 31, 2019 55,692,544 55,700,000         22,700,000
[1] Issuances and deferrals, net for stock-based compensation reflects share activity related to option exercises, net of tax, restricted and performance shares vested and net issuances and deferrals associated with deferred compensation equity.