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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 402.7     402.7    
Dividends (108.1)     (108.1)    
Foreign currency translation adjustments (20.7)       (20.7)  
Pension and post-retirement liability changes, net of tax 0.5       0.5  
Share of equity method investments other comprehensive income 0.7       0.7  
Stock-based compensation expense 16.4   16.4      
Change in cash flow hedges, net of tax (24.9)       (24.9)  
Treasury shares reissued for common stock 2.7   0.3     $ 2.4
Treasury shares reissued for common stock (in shares)           (100,000)
Treasury stock purchases (305.5)   0.0     $ (305.5)
Treasury stock purchases (in shares)           1,300,000
Ending balance at Sep. 30, 2022 (305.2) 0.9 1,150.4 3,013.9 (132.5) $ (4,337.9)
Ending balance (in shares) at Sep. 30, 2022           51,700,000
Beginning balance at Jun. 30, 2022 (401.3) 0.9 1,144.0 2,909.5 (117.9) $ (4,337.8)
Beginning balance (in shares) at Jun. 30, 2022           51,700,000
Net income 141.9     141.9    
Dividends (37.5)     (37.5)    
Foreign currency translation adjustments (11.6)       (11.6)  
Pension and post-retirement liability changes, net of tax 0.5       0.5  
Stock-based compensation expense 5.8   5.8      
Change in cash flow hedges, net of tax (3.5)       (3.5)  
Treasury shares reissued for common stock 0.9   0.6     $ 0.3
Treasury stock purchases (0.4)   0.0     $ (0.4)
Treasury stock purchases (in shares)           0
Ending balance at Sep. 30, 2022 (305.2) 0.9 1,150.4 3,013.9 (132.5) $ (4,337.9)
Ending balance (in shares) at Sep. 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 $ 445.6     445.6    
Dividends (115.9)     (115.9)    
Foreign currency translation adjustments 8.7       8.7  
Pension and post-retirement liability changes, net of tax 0.2       0.2  
Stock-based compensation expense 23.5   23.5      
Change in cash flow hedges, net of tax 3.6       3.6  
Treasury shares reissued for common stock 2.9   0.2     $ 2.7
Treasury shares reissued for common stock (in shares)           (100,000)
Treasury stock purchases (7.1)         $ (7.1)
Ending balance at Sep. 30, 2023 $ 159.5 0.9 1,178.9 3,400.3 (77.0) $ (4,343.6)
Ending balance (in shares) at Sep. 30, 2023 51,633,264         51,600,000
Share of equity method investments other comprehensive income $ 1.1       1.1  
Beginning balance at Jun. 30, 2023 62.6 0.9 1,169.3 3,309.0 (75.8) $ (4,340.8)
Beginning balance (in shares) at Jun. 30, 2023           51,700,000
Net income 130.4     130.4    
Dividends (39.1)     (39.1)    
Foreign currency translation adjustments (5.7)       (5.7)  
Pension and post-retirement liability changes, net of tax 0.3       0.3  
Stock-based compensation expense 9.7   9.7      
Change in cash flow hedges, net of tax 3.1       3.1  
Treasury shares reissued for common stock 1.1   (0.1)     $ 1.2
Treasury shares reissued for common stock (in shares)           (100,000)
Treasury stock purchases (4.0)         $ (4.0)
Ending balance at Sep. 30, 2023 $ 159.5 $ 0.9 $ 1,178.9 $ 3,400.3 (77.0) $ (4,343.6)
Ending balance (in shares) at Sep. 30, 2023 51,633,264         51,600,000
Share of equity method investments other comprehensive income $ 1.1       $ 1.1