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Equity (Tables)
 9 Months Ended
Sep. 30, 2017
Stockholders' Equity Note [Abstract]  
Reconciliation of Ordinary Shares
Changes in ordinary shares and treasury shares for the nine months ended September 30, 2017 are as follows:
In millions
Ordinary shares issued
 
Ordinary shares held in treasury
December 31, 2016
271.7

 
12.7

Shares issued under incentive plans, net
2.1

 
—

Repurchase of ordinary shares
—

 
10.6

September 30, 2017
273.8

 
23.3
Components Of Shareholders Equity Rollforward
The components of Equity for the nine months ended September 30, 2017 were as follows:
In millions
Shareholders’
equity
 
Noncontrolling
interests
 
Total
equity
Balance at December 31, 2016
$
6,643.8

 
$
74.5

 
$
6,718.3

Net earnings
842.7

 
12.5

 
855.2

Currency translation
401.4

 
(1.0
)
 
400.4

Derivatives qualifying as cash flow hedges, net of tax
1.1

 
—

 
1.1

Pension and OPEB adjustments, net of tax
11.1

 
—

 
11.1

Total comprehensive income (loss)
1,256.3

 
11.5

 
1,267.8

Share-based compensation
53.2

 
—

 
53.2

Adoption of ASU 2016-09 (See Note 2)
15.1

 
—

 
15.1

Acquisition/ divestiture of noncontrolling interest
(5.0
)
 
(2.3
)
 
(7.3
)
Dividends declared to noncontrolling interests
—

 
(15.5
)
 
(15.5
)
Dividends declared to ordinary shareholders
(318.0
)
 
—

 
(318.0
)
Shares issued under incentive plans, net of tax benefit
41.9

 
—

 
41.9

Repurchase of ordinary shares
(911.1
)
 
—

 
(911.1
)
Balance at September 30, 2017
$
6,776.2

 
$
68.2

 
$
6,844.4

The components of Equity for the nine months ended September 30, 2016 were as follows:
In millions
Shareholders’
equity
 
Noncontrolling
interests
 
Total
equity
Balance at December 31, 2015
$
5,816.7

 
$
62.5

 
$
5,879.2

Net earnings
1,277.4

 
12.5

 
1,289.9

Currency translation
42.9

 
5.8

 
48.7

Derivatives qualifying as cash flow hedges, net of tax
3.0

 
—

 
3.0

Pension and OPEB adjustments, net of tax
41.6

 
—

 
41.6

Total comprehensive income (loss)
1,364.9

 
18.3

 
1,383.2

Share-based compensation
49.7

 
—

 
49.7

Dividends declared to noncontrolling interests
—

 
(13.8
)
 
(13.8
)
Dividends declared to ordinary shareholders
(247.5
)
 
—

 
(247.5
)
Shares issued under incentive plans, net of tax benefit
30.5

 
—

 
30.5

Repurchase of ordinary shares
(250.1
)
 
—

 
(250.1
)
Other
(0.1
)
 
—

 
(0.1
)
Balance at September 30, 2016
$
6,764.1

 
$
67.0

 
$
6,831.1
Schedule of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss)
The changes in Accumulated other comprehensive income (loss) for the nine months ended September 30, 2017 are as follows:
In millions
 
Derivative Instruments
 
Pension and OPEB
 
Foreign Currency Translation
 
Total
Balance at December 31, 2016
 
$
2.9

 
$
(554.4
)
 
$
(739.0
)
 
$
(1,290.5
)
Other comprehensive income (loss) before reclassifications
 
(1.3
)
 
(13.8
)
 
401.4

 
386.3

Amounts reclassified from AOCI
 
2.4

 
37.7

 
—

 
40.1

Provision for income taxes
 
—

 
(12.8
)
 
—

 
(12.8
)
Net current period other comprehensive income (loss)
 
$
1.1

 
$
11.1

 
$
401.4

 
$
413.6

Balance at September 30, 2017
 
$
4.0

 
$
(543.3
)
 
$
(337.6
)
 
$
(876.9
)
The changes in Accumulated other comprehensive income (loss) for the nine months ended September 30, 2016 are as follows:
In millions
 
Derivative Instruments
 
Pension and OPEB
 
Foreign Currency Translation
 
Total
Balance at December 31, 2015
 
$
5.1

 
$
(630.4
)
 
$
(495.6
)
 
$
(1,120.9
)
Other comprehensive income (loss) before reclassifications
 
7.0

 
13.0

 
42.9

 
62.9

Amounts reclassified from AOCI
 
(3.9
)
 
42.9

 
—

 
39.0

Provision for income taxes
 
(0.1
)
 
(14.3
)
 
—

 
(14.4
)
Net current period other comprehensive income (loss)
 
$
3.0

 
$
41.6

 
$
42.9

 
$
87.5

Balance at September 30, 2016
 
$
8.1

 
$
(588.8
)
 
$
(452.7
)
 
$
(1,033.4
)
Equity
i
The reclassifications out of Accumulated other comprehensive income (loss) for the three and nine months ended September 30 were as follows:
 
 
Three months ended
 
Nine months ended
In millions
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Derivative Instruments
 
 
 
 
 
 
 
 
Reclassifications of deferred (gains) losses (1)
 
$
1.4

 
$
(2.2
)
 
$
2.4

 
$
(3.9
)
Provision for (benefit from) income taxes
 
0.1

 
0.1

 
0.3

 
0.3

Reclassifications, net of taxes
 
$
1.5

 
$
(2.1
)
 
$
2.7

 
$
(3.6
)
 
 
 
 
 
 
 
 
 
Pension and Postretirement benefits
 
 
 
 
 
 
 
 
Amortization of service costs (2)
 
$
(1.3
)
 
$
(1.7
)
 
$
(3.7
)
 
$
(3.7
)
Amortization of actuarial losses (2)
 
14.3

 
16.3

 
41.4

 
46.6

Provision for (benefit from) income taxes
 
(4.1
)
 
(4.7
)
 
(12.8
)
 
(14.3
)
Reclassifications, net of taxes
 
$
8.9

 
$
9.9

 
$
24.9

 
$
28.6

 
 
 
 
 
 
 
 
 
Total reclassifications, net of taxes
 
$
10.4

 
$
7.8

 
$
27.6

 
$
25.0

(1) Reclassifications of interest rate swaps and locks are reflected within Interest expense; reclassifications of currency derivatives designated as hedges are reflected in Cost of goods sold.
(2) Reclassifications of the service cost component of pension and postretirement benefit costs are reflected within Operating income; the remaining components are included within Other income/(expense), net.