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Consolidated Statements of Stockholders' Deficit - USD ($)
$ in Millions
Total
Common Stock Issued
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock at Cost
Beginning balance at Dec. 31, 2021 $ (269.0) $ 0.9 $ 1,133.7 $ 2,719.3 $ (88.1) $ (4,034.8)
Beginning balance (in shares) at Dec. 31, 2021           50,500,000
Net income 260.8     260.8    
Dividends (70.6)     (70.6)    
Foreign currency translation adjustments (9.1)       (9.1)  
Pension and post-retirement liability changes, net of tax 0.0       0.0  
Share of equity method investments other comprehensive income 0.7       0.7  
Stock-based compensation expense 10.6   10.6      
Change in cash flow hedges, net of tax (21.4)       (21.4)  
Treasury shares reissued for common stock 1.8   (0.3)     $ 2.1
Treasury shares reissued for common stock (in shares)           (100,000)
Treasury stock purchases (305.1)   0.0     $ (305.1)
Treasury stock purchases (in shares)           1,300,000
Ending balance at Jun. 30, 2022 (401.3) 0.9 1,144.0 2,909.5 (117.9) $ (4,337.8)
Ending balance (in shares) at Jun. 30, 2022           51,700,000
Beginning balance at Mar. 31, 2022 (410.2) 0.9 1,110.4 2,769.8 (80.5) $ (4,210.8)
Beginning balance (in shares) at Mar. 31, 2022           51,100,000
Net income 177.2     177.2    
Dividends (37.5)     (37.5)    
Foreign currency translation adjustments (7.9)       (7.9)  
Pension and post-retirement liability changes, net of tax 0.3       0.3  
Share of equity method investments other comprehensive income 0.7       0.7  
Stock-based compensation expense 5.9   5.9      
Change in cash flow hedges, net of tax (30.5)       (30.5)  
Treasury shares reissued for common stock 0.9   0.7     $ 0.2
Treasury stock purchases (100.2)   27.0     $ (127.2)
Treasury stock purchases (in shares)           600,000
Ending balance at Jun. 30, 2022 (401.3) 0.9 1,144.0 2,909.5 (117.9) $ (4,337.8)
Ending balance (in shares) at Jun. 30, 2022           51,700,000
Beginning balance at Dec. 31, 2022 $ (203.1) 0.9 1,155.2 3,070.6 (90.6) $ (4,339.2)
Beginning balance (in shares) at Dec. 31, 2022 51,700,260         51,700,000
Net income $ 315.2     315.2    
Dividends (76.8)     (76.8)    
Foreign currency translation adjustments 14.3       14.3  
Pension and post-retirement liability changes, net of tax 0.0       0.0  
Stock-based compensation expense 13.8   13.8      
Change in cash flow hedges, net of tax 0.5       0.5  
Treasury shares reissued for common stock 1.9   0.3     $ 1.6
Treasury stock purchases (3.2)         (3.2)
Ending balance at Jun. 30, 2023 $ 62.6 0.9 1,169.3 3,309.0 (75.8) $ (4,340.8)
Ending balance (in shares) at Jun. 30, 2023 51,658,951         51,700,000
Beginning balance at Mar. 31, 2023 $ (125.9) 0.9 1,161.1 3,130.9 (78.6) $ (4,340.2)
Beginning balance (in shares) at Mar. 31, 2023           51,700,000
Net income 217.2     217.2    
Dividends (39.1)     (39.1)    
Foreign currency translation adjustments 7.5       7.5  
Pension and post-retirement liability changes, net of tax (0.3)       (0.3)  
Stock-based compensation expense 7.7   7.7      
Change in cash flow hedges, net of tax (4.4)       (4.4)  
Treasury shares reissued for common stock 1.1   0.5     $ 0.6
Treasury stock purchases (1.2)         (1.2)
Ending balance at Jun. 30, 2023 $ 62.6 $ 0.9 $ 1,169.3 $ 3,309.0 $ (75.8) $ (4,340.8)
Ending balance (in shares) at Jun. 30, 2023 51,658,951         51,700,000