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Capital Stock, Accumulated Other Comprehensive Loss and Equity (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Share Repurchases
Share repurchases are shown below (in millions except for shares and per share amounts):
For the year ended December 31,
Aggregate Repurchases (1)
 
Cash paid for Repurchases
 
Number of Shares
 
Average Price per Share (2)
2019
$
380.4

 
$
384.7

 
2,819,081
 
$
134.95

2018
$
705.2

 
$
704.9

 
4,308,418
 
$
163.69

2017
$
454.4

 
$
450.5

 
3,014,131
 
$
150.77

(1)
2018 and 2019 include purchases prior to the increased authorization.
(2)
Excludes commissions
Dividends Declared and Paid Dividends declared and paid are shown below (in millions):
For the year ended December 31,
2019
 
2018
 
2017
Dividends declared
$
186.3

 
$
185.8

 
$
140.3

Dividends paid
$
186.3

 
$
186.3

 
$
137.7
Summary of Changes in Accumulated Other Comprehensive Loss, Net of Tax
A summary of changes in accumulated other comprehensive loss, net of tax is shown below (in millions):
For the year ended December 31,
2019
 
2018
 
2017
Defined benefit plans:
 
 
 
 
 
Balance at beginning of year
$
(172.8
)
 
$
(184.0
)
 
$
(192.8
)
Reclassification adjustments (net of tax expense of $2.0 million in 2019, $2.4 million in 2018 and $1.1 million in 2017)
5.0

 
9.0

 
4.9

Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $15.7 million in 2019, ($0.6) million in 2018 and ($0.4) million in 2017)
(49.8
)
 
2.2

 
3.9

Balance at end of year
$
(217.6
)
 
$
(172.8
)
 
$
(184.0
)
Derivative instruments and hedge activities:
 
 
 
 
 
Balance at beginning of year
$
(9.7
)
 
$
(22.9
)
 
$
(45.1
)
Reclassification adjustments (net of tax benefit (expense) of $10.2 million in 2019, $4.1 million in 2018 and ($3.1) million in 2017)
(38.0
)
 
(15.2
)
 
6.4

Other comprehensive income recognized during the period (net of tax expense of $15.7 million in 2019, $7.4 million in 2018 and $12.8 million in 2017)
57.5

 
28.4

 
15.8

Balance at end of year
$
9.8

 
$
(9.7
)
 
$
(22.9
)
Currency translation adjustments:
 
 
 
 
 
Balance at beginning of year
$
(523.3
)
 
$
(306.5
)
 
$
(597.7
)
Other comprehensive income (loss) recognized during the period (net of tax benefit of $0.9 million in 2019, $2.3 million in 2018 and $— million in 2017)
(41.6
)
 
(216.8
)
 
291.2

Balance at end of year
$
(564.9
)
 
$
(523.3
)
 
$
(306.5
)