Equity

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Equity

Note 13 — EQUITY

Changes in equity for the nine months ended September 30, 2016 and September 30, 2015 are as follows:

(In millions)	PolyOne Shareholders' Equity			Noncontrolling Interests			Total Equity
Balance at December 31, 2015	$	704.2		$	1.0		$	705.2
Net income (loss)	131.4			(0.1		)	131.3
Other comprehensive income
Translation adjustments	(3.6		)	—			(3.6		)
Unrealized gain on available-for-sale securities	0.2			—			0.2
Total comprehensive income (loss)	128.0			(0.1		)	127.9
Cash dividend declared	(29.7		)	—			(29.7		)
Repurchase of common shares	(50.7		)	—			(50.7		)
Share-based incentive plan activity	3.6			—			3.6
Balance at September 30, 2016	$	755.4		$	0.9		$	756.3
Balance at December 31, 2014	$	776.3		$	0.9		$	777.2
Net income	141.5			0.2			141.7
Other comprehensive income
Translation adjustments	(23.8		)	—			(23.8		)
Total comprehensive income	117.7			0.2			117.9
Cash dividend declared	(26.8		)	—			(26.8		)
Repurchase of common shares	(121.5		)	—			(121.5		)
Share-based incentive plan activity	2.2			—			2.2
Balance at September 30, 2015	$	747.9		$	1.1		$	749.0

Changes in accumulated other comprehensive loss year-to-date as of September 30, 2016 and 2015 were as follows:

(In millions)	Cumulative Translation Adjustment			Pension and Other Post-Retirement Benefits		Unrealized Gain in Available-for-Sale Securities		Total
Balance at January 1, 2016	$	(76.8	)	$	5.2	$	0.3	$	(71.3	)
Translation adjustments	(3.6		)	—		—		(3.6		)
Unrealized gain on available-for-sale securities	—			—		0.2		0.2
Balance at September 30, 2016	$	(80.4	)	$	5.2	$	0.5	$	(74.7	)
Balance at January 1, 2015	$	(47.7	)	$	5.2	$	0.2	$	(42.3	)
Translation adjustments	(23.8		)	—		—		(23.8		)
Balance at September 30, 2015	$	(71.5	)	$	5.2	$	0.2	$	(66.1	)