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Equity (Tables)
 6 Months Ended
Jun. 30, 2018
Stockholders' Equity Note [Abstract]  
Reconciliation of Ordinary Shares
Changes in ordinary shares and treasury shares for the six months ended June 30, 2018 are as follows:
In millions
Ordinary shares issued
 
Ordinary shares held in treasury
December 31, 2017
274.0

 
24.5

Shares issued under incentive plans, net
1.4

 
—

Repurchase of ordinary shares
(5.6
)
 
—

June 30, 2018
269.8

 
24.5
Components Of Shareholders Equity Rollforward
The components of Equity for the six months ended June 30, 2018 were as follows:
In millions
Shareholders’
equity
 
Noncontrolling
interests
 
Total
equity
Balance at December 31, 2017
$
7,140.3

 
$
66.6

 
$
7,206.9

Net earnings
568.5

 
8.2

 
576.7

Currency translation
(151.0
)
 
(2.7
)
 
(153.7
)
Derivatives qualifying as cash flow hedges, net of tax
1.8

 
—

 
1.8

Pension and OPEB adjustments, net of tax
23.4

 
—

 
23.4

Total comprehensive income (loss)
442.7

 
5.5

 
448.2

Share-based compensation
49.5

 
—

 
49.5

Adoption of ASC 606
2.4

 
—

 
2.4

Adoption of ASU 2016-16
(9.1
)
 
—

 
(9.1
)
Dividends declared to noncontrolling interests
—

 
(35.5
)
 
(35.5
)
Dividends declared to ordinary shareholders
(352.4
)
 
—

 
(352.4
)
Shares issued under incentive plans, net of tax benefit
13.8

 
—

 
13.8

Repurchase of ordinary shares
(500.1
)
 
—

 
(500.1
)
Balance at June 30, 2018
$
6,787.1

 
$
36.6

 
$
6,823.7

The components of Equity for the six months ended June 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
475.7

 
7.6

 
483.3

Currency translation
288.9

 
(0.8
)
 
288.1

Derivatives qualifying as cash flow hedges, net of tax
0.6

 
—

 
0.6

Pension and OPEB adjustments, net of tax
7.3

 
—

 
7.3

Total comprehensive income (loss)
772.5

 
6.8

 
779.3

Share-based compensation
40.1

 
—

 
40.1

Adoption of ASU 2016-09 (1)
15.1

 
—

 
15.1

Acquisition/divestiture of noncontrolling interests
(4.9
)
 
(1.9
)
 
(6.8
)
Dividends declared to noncontrolling interests
—

 
(7.0
)
 
(7.0
)
Dividends declared to ordinary shareholders
(204.8
)
 
—

 
(204.8
)
Shares issued under incentive plans, net of tax benefit
35.0

 
—

 
35.0

Repurchase of ordinary shares
(575.2
)
 
—

 
(575.2
)
Balance at June 30, 2017
$
6,721.6

 
$
72.4

 
$
6,794.0
Schedule of Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss)
The changes in Accumulated other comprehensive income (loss) for the six months ended June 30, 2018 are as follows:
In millions
 
Derivative Instruments
 
Pension and OPEB
 
Foreign Currency Translation
 
Total
Balance at December 31, 2017
 
$
4.7

 
$
(494.3
)
 
$
(289.2
)
 
$
(778.8
)
Other comprehensive income (loss) before reclassifications
 
1.4

 
4.8

 
(151.0
)
 
(144.8
)
Amounts reclassified from AOCI
 
0.7

 
25.1

 
—

 
25.8

Provision for income taxes
 
(0.3
)
 
(6.5
)
 
—

 
(6.8
)
Net current period other comprehensive income (loss)
 
$
1.8

 
$
23.4

 
$
(151.0
)
 
$
(125.8
)
Balance at June 30, 2018
 
$
6.5

 
$
(470.9
)
 
$
(440.2
)
 
$
(904.6
)
The changes in Accumulated other comprehensive income (loss) for the six months ended June 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
 
(0.6
)
 
(8.7
)
 
288.9

 
279.6

Amounts reclassified from AOCI
 
1.0

 
24.7

 
—

 
25.7

Provision for income taxes
 
0.2

 
(8.7
)
 
—

 
(8.5
)
Net current period other comprehensive income (loss)
 
$
0.6

 
$
7.3

 
$
288.9

 
$
296.8

Balance at June 30, 2017
 
$
3.5

 
$
(547.1
)
 
$
(450.1
)
 
$
(993.7
)
Equity
The reclassifications out of Accumulated other comprehensive income (loss) for the three and six months ended June 30 were as follows:
 
 
Three months ended
 
Six months ended
In millions
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Derivative Instruments
 
 
 
 
 
 
 
 
Reclassifications of deferred (gains) losses (1)
 
$
(0.3
)
 
$
0.6

 
$
0.7

 
$
1.0

Provision for (benefit from) income taxes
 
—

 
0.3

 
0.2

 
0.2

Reclassifications, net of taxes
 
$
(0.3
)
 
$
0.9

 
$
0.9

 
$
1.2

 
 
 
 
 
 
 
 
 
Pension and Postretirement benefits
 
 
 
 
 
 
 
 
Amortization of service costs (2)
 
$
—

 
$
(1.2
)
 
$
0.1

 
$
(2.4
)
Amortization of actuarial losses (2)
 
12.5

 
13.5

 
25.0

 
27.1

Provision for (benefit from) income taxes
 
(3.9
)
 
(3.7
)
 
(6.5
)
 
(8.7
)
Reclassifications, net of taxes
 
$
8.6

 
$
8.6

 
$
18.6

 
$
16.0

 
 
 
 
 
 
 
 
 
Total reclassifications, net of taxes
 
$
8.3

 
$
9.5

 
$
19.5

 
$
17.2

(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.
i