Equity

9 Months Ended

Sep. 30, 2016

Equity [Abstract]

Equity

8. Equity

The Company’s equity as of December 31, 2015 and September 30, 2016, and changes during the nine months ended September 30, 2016, were as follows:

	RR Donnelley
	Stockholders'			Noncontrolling
	Equity			Interest			Total Equity
Balance at December 31, 2015	$	682.7		$	13.9		$	696.6
Net earnings		18.2			0.8			19.0
Other comprehensive (loss) income		(22.5	)		0.2			(22.3	)
Share-based compensation		13.4			—			13.4
Issuance of share-based awards, net of withholdings and other		(4.2	)		—			(4.2	)
Cash dividends paid		(163.2	)		—			(163.2	)
Distributions to noncontrolling interests		—			(0.9	)		(0.9	)
Balance at September 30, 2016	$	524.4		$	14.0		$	538.4

On May 31, 2016, the Company reduced the par value of the authorized shares of RR Donnelley’s common stock from $1.25 per share to $0.01 per share.

The Company’s equity as of December 31, 2014 and September 30, 2015, and changes during the nine months ended September 30, 2015, were as follows:

	RR Donnelley
	Stockholders'			Noncontrolling
	Equity			Interest			Total Equity
Balance at December 31, 2014	$	593.8		$	26.6		$	620.4
Net earnings (loss)		80.1			(13.0	)		67.1
Other comprehensive loss		(31.0	)		(1.0	)		(32.0	)
Share-based compensation		13.6			—			13.6
Issuance of common stock		154.2			—			154.2
Issuance of share-based awards, net of withholdings and other		(3.4	)		—			(3.4	)
Cash dividends paid		(158.4	)		—			(158.4	)
Noncontrolling interests in acquired business		—			4.6			4.6
Noncontrolling interests in disposed businesses		—			(2.4	)		(2.4	)
Distributions to noncontrolling interests		—			(1.0	)		(1.0	)
Balance at September 30, 2015	$	648.9		$	13.8		$	662.7

During the three months ended June 30, 2015, the Company issued stock in conjunction with the Courier acquisition with a closing date value of $154.2 million.