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Equity
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Equity

10. Equity

The Company’s equity as of December 31, 2016 and September 30, 2017, and changes during the nine months ended September 30, 2017, were as follows:

 

 

 

RRD

 

 

 

 

 

 

 

 

 

 

 

Stockholders'

 

 

Noncontrolling

 

 

 

 

 

 

 

Equity

 

 

Interest

 

 

Total Equity

 

Balance at December 31, 2016

 

$

(105.7

)

 

$

13.5

 

 

$

(92.2

)

Net earnings

 

 

18.4

 

 

 

0.7

 

 

 

19.1

 

Other comprehensive (loss) income

 

 

(70.8

)

 

 

0.4

 

 

 

(70.4

)

Share-based compensation

 

 

6.4

 

 

 

 

 

 

6.4

 

Spinoff adjustments

 

 

5.9

 

 

 

 

 

 

5.9

 

Issuance of share-based awards, net of withholdings and other

 

 

(1.7

)

 

 

 

 

 

(1.7

)

Cash dividends paid

 

 

(29.4

)

 

 

 

 

 

(29.4

)

Distributions to noncontrolling interests

 

 

 

 

 

(0.7

)

 

 

(0.7

)

Balance at September 30, 2017

 

$

(176.9

)

 

$

13.9

 

 

$

(163.0

)

During the nine months ended September 30, 2017, the Company recorded certain spinoff related adjustments within equity primarily resulting from the final pension asset valuation as required by the Separation and Distribution Agreement.