Equity

9 Months Ended

Sep. 30, 2021

Equity [Abstract]

Equity

10. Equity

Our equity as of December 31, 2020 and September 30, 2021, and changes during the three and nine months ended September 30, 2021, were as follows:

	Common		Additional Paid-in-			Treasury			Accumulated			Accumulated Other Comprehensive			Total RRD's Stockholders'			Noncontrolling			Total
	Stock		Capital			Stock			Deficit			Loss			Equity			Interests			Equity
Balance at December 31, 2020	$	0.9	$	3,263.6		$	(1,127.6	)	$	(2,240.7	)	$	(153.9	)	$	(257.7	)	$	13.9		$	(243.8	)
Net (loss) income										(1.3	)					(1.3	)		0.2			(1.1	)
Other comprehensive loss													(6.4	)		(6.4	)		(0.2	)		(6.6	)
Share-based compensation				0.2												0.2						0.2
Issuance of share-based awards, net of withholdings and other				(158.4	)		156.0									(2.4	)					(2.4	)
Distributions to noncontrolling interests																—			(0.7	)		(0.7	)
Balance at March 31, 2021	$	0.9	$	3,105.4		$	(971.6	)	$	(2,242.0	)	$	(160.3	)	$	(267.6	)	$	13.2		$	(254.4	)
Net (loss) income										(9.4	)					(9.4	)		0.2			(9.2	)
Other comprehensive income													17.4			17.4			0.1			17.5
Share-based compensation				2.4												2.4						2.4
Issuance of share-based awards, net of withholdings and other				(77.8	)		77.7									(0.1	)					(0.1	)
Balance at June 30, 2021	$	0.9	$	3,030.0		$	(893.9	)	$	(2,251.4	)	$	(142.9	)	$	(257.3	)	$	13.5		$	(243.8	)
Net income (loss)										28.3						28.3			(0.2	)		28.1
Other comprehensive loss													(9.2	)		(9.2	)					(9.2	)
Share-based compensation				1.3												1.3						1.3
Issuance of share-based awards, net of withholdings and other				(8.8	)		8.8									—						—
Balance at September 30, 2021	$	0.9	$	3,022.5		$	(885.1	)	$	(2,223.1	)	$	(152.1	)	$	(236.9	)	$	13.3		$	(223.6	)

On August 27, 2021, our Board of Directors approved an amendment to the Stockholder Rights Agreement. The amendment extends the Stockholder Rights Agreement final expiration date to August 28, 2022.

Our equity as of December 31, 2019 and September 30, 2020, and changes during three and nine months ended September 30, 2020, were as follows:

	Common		Additional Paid-in-			Treasury			Accumulated			Accumulated Other Comprehensive			Total RRD's Stockholders'			Noncontrolling			Total
	Stock		Capital			Stock			Deficit			Loss			Equity			Interests			Equity
Balance at December 31, 2019	$	0.9	$	3,348.0		$	(1,219.6	)	$	(2,336.8	)	$	(176.2	)	$	(383.7	)	$	13.4		$	(370.3	)
Net (loss) income										(13.0	)					(13.0	)		0.1			(12.9	)
Other comprehensive income													(31.0	)		(31.0	)		(0.2	)		(31.2	)
Share-based compensation				1.4												1.4						1.4
Issuance of share-based awards, net of withholdings and other				(82.3	)		81.8									(0.5	)					(0.5	)
Cash dividends paid										(2.1	)					(2.1	)					(2.1	)
Cumulative impact of adopting ASU 2016-03, net of tax										(0.3	)					(0.3	)					(0.3	)
Distributions to noncontrolling interests																—			(0.7	)		(0.7	)
Balance at March 31, 2020	$	0.9	$	3,267.1		$	(1,137.8	)	$	(2,352.2	)	$	(207.2	)	$	(429.2	)	$	12.6		$	(416.6	)
Net loss										(57.2	)					(57.2	)					(57.2	)
Other comprehensive income													6.2			6.2						6.2
Share-based compensation				1.8												1.8						1.8
Issuance of share-based awards, net of withholdings and other				(7.7	)		7.6									(0.1	)					(0.1	)
Balance at June 30, 2020	$	0.9	$	3,261.2		$	(1,130.2	)	$	(2,409.4	)	$	(201.0	)	$	(478.5	)	$	12.6		$	(465.9	)
Net (loss) income										(8.9	)					(8.9	)		0.2			(8.7	)
Other comprehensive income													18.1			18.1			0.4			18.5
Share-based compensation				1.3												1.3						1.3
Balance at September 30, 2020	$	0.9	$	3,262.5		$	(1,130.2	)	$	(2,418.3	)	$	(182.9	)	$	(468.0	)	$	13.2		$	(454.8	)

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On April 6, 2020, the Board of Directors of the Company made a decision to suspend all dividends payments as part of the Company’s response to the COVID-19 pandemic.