Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Stockholders' Equity Note [Abstract]

Schedule of Stock by Class [Table Text Block]

The following table sets forth the activity in the number of shares outstanding (in thousands):

	Common Stock Issued	Treasury Stock	Common Stock Outstanding
Common stock outstanding at December 31, 2017	125,424	37,733	87,691
Shares issued for stock-based compensation awards	—	(709)	709
Repurchases of common stock	—	3,209	(3,209)
Common stock outstanding at December 31, 2018	125,424	40,233	85,191
Shares issued for stock-based compensation awards	—	(886)	886
Repurchases of common stock	—	5,457	(5,457)
Common stock outstanding at December 31, 2019	125,424	44,804	80,620
Shares issued for stock-based compensation awards	—	(764)	764
Repurchases of common stock	—	6,541	(6,541)
Common stock outstanding at December 31, 2020	125,424	50,581	74,843

Share-Repurchase Programs [Table Text Block]

The following table shows the company's Board of Directors (the “Board”) approved share-repurchase programs as of December 31, 2020:

Month of Board Approval	Dollar Value Approved for Repurchase		Dollar Value of Shares Repurchased		Approximate Dollar Value of Shares that May Yet be Purchased Under the Program
December 2016	$	400,000	$	400,000	$	—
December 2018	600,000		600,000		—
July 2020	600,000		136,543		463,457
Total	$	1,600,000	$	1,136,543	$	463,457

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The following table presents the changes in Accumulated other comprehensive loss, excluding noncontrolling interests:

	Foreign Currency Translation Adjustment and Other, Net		Unrealized Gain (Loss) on Foreign Exchange Contracts Designated as Net Investment Hedges, Net		Unrealized Gain (Loss) on Interest Rate Swaps Designated as Cash Flow Hedges, Net		Employee Benefit Plan Items, Net		Total
Balance as of December 31, 2018	$	(266,327)	$	—	$	(5,560)	$	(27,562)	$	(299,449)
Other comprehensive income (loss) before reclassifications (a)	7,658		16,489		(8,767)		(3,079)		12,301
Amounts reclassified into income (loss) (b)	12,964		(6,121)		980		17,114		24,937
Net change in accumulated other comprehensive income (loss) for the year ended December 31, 2019	20,622		10,368		(7,787)		14,035		37,238
Balance as of December 31, 2019	(245,705)		10,368		(13,347)		(13,527)		(262,211)
Other comprehensive income (loss) before reclassifications (a)	183,636		(6,802)		(12,023)		(4,882)		159,929
Amounts reclassified into income (loss)	(958)		(6,686)		3,023		2,018		(2,603)
Net change in accumulated other comprehensive income (loss) for the year ended December 31, 2020	182,678		(13,488)		(9,000)		(2,864)		157,326
Balance as of December 31, 2020	$	(63,027)	$	(3,120)	$	(22,347)	$	(16,391)	$	(104,885)

(a)     Foreign currency translation adjustment includes intra-entity foreign currency transactions that are of a long-term investment nature of $31,470 and $10,630 for 2020 and 2019, respectively.

(b)    Foreign currency translation adjustment includes a reclassification of cumulative translation adjustments to earnings upon the sale of three foreign subsidiaries during 2019 of $19,602 (Note 2). Employee Benefit Plan Items, net includes a pre-tax pension settlement expense of $20,111 ($15,257 net of tax) for 2019 (Note 13).