The Company’s equity as of December 31, 2012 and June 30, 2013, and changes during the six months ended June 30, 2013, were as follows:

	RR Donnelley Shareholders’ Equity			Noncontrolling Interest			Total Equity
Balance at December 31, 2012	$	52.8		$	15.9		$	68.7
Net earnings (loss)		92.5			(0.7	)		91.8
Other comprehensive income (loss)		(14.8	)		0.1			(14.7	)
Share-based compensation		11.1			-			11.1
Issuance of share-based awards, net of withholdings and other		(6.7	)		-			(6.7	)
Dividends paid		(94.0	)		-			(94.0	)
Distributions to noncontrolling interests		-			(1.1	)		(1.1	)
Balance at June 30, 2013	$	40.9		$	14.2		$	55.1

The Company’s equity as of December 31, 2011 and June 30, 2012, and changes during the six months ended June 30, 2012, were as follows:

	RR Donnelley Shareholders’ Equity			Noncontrolling Interest			Total Equity
Balance at December 31, 2011	$	1,042.7		$	19.5		$	1,062.2
Net earnings		126.2			0.7			126.9
Other comprehensive loss		(17.9	)		—			(17.9	)
Share-based compensation		14.8			—			14.8
Issuance of share-based awards, net of withholdings and other		(11.8	)		—			(11.8	)
Dividends paid		(93.3	)		—			(93.3	)
Distributions to noncontrolling interests		—			(1.2	)		(1.2	)
Balance at June 30, 2012	$	1,060.7		$	19.0		$	1,079.7