XML 24 R6.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Shareholders’ Equity
Common Stock and Additional Paid-In Capital
Retained Earnings
Cumulative Translation Adjustment
Retirement Benefits Adjustment
Treasury Stock
Noncontrolling Interest
Beginning balance at Dec. 31, 2021 $ 2,803.1 $ 2,803.1 $ 796.5 $ 3,126.5 $ (62.2) $ (7.4) $ (1,050.3) $ 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 456.7 456.9   456.9       (0.2)
Cumulative translation adjustment (196.3) (196.3)     (196.3)      
Net change in retirement obligations (net of tax) 1.8 1.8       1.8    
Net issuance of shares of common stock (net of tax) 3.9 3.9         3.9  
Repurchase of shares of common stock (146.7) (146.7)         (146.7)  
Share-based compensation 16.4 16.4 16.4          
Cash dividends declared (136.3) (136.3)   (136.3)        
Ending balance at Sep. 30, 2022 2,802.6 2,802.8 812.9 3,447.1 (258.5) (5.6) (1,193.1) (0.2)
Beginning balance at Jun. 30, 2022 2,788.0 2,788.2 810.0 3,313.8 (163.6) (6.2) (1,165.8) (0.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 178.7 178.7   178.7        
Cumulative translation adjustment (94.9) (94.9)     (94.9)      
Net change in retirement obligations (net of tax) 0.6 0.6       0.6    
Net issuance of shares of common stock (net of tax) 3.6 3.6         3.6  
Repurchase of shares of common stock (30.9) (30.9)         (30.9)  
Share-based compensation 2.9 2.9 2.9          
Cash dividends declared (45.4) (45.4)   (45.4)        
Ending balance at Sep. 30, 2022 2,802.6 2,802.8 812.9 3,447.1 (258.5) (5.6) (1,193.1) (0.2)
Beginning balance at Dec. 31, 2022 3,039.6 3,039.3 818.1 3,531.7 (137.1) 10.9 (1,184.3) 0.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 487.3 487.5   487.5       (0.2)
Cumulative translation adjustment (19.2) (19.2)     (19.2)      
Net change in retirement obligations (net of tax) (0.8) (0.8)       (0.8)    
Net issuance of shares of common stock (net of tax) 7.7 7.7         7.7  
Repurchase of shares of common stock (1.1) (1.1)         (1.1)  
Share-based compensation 18.9 18.9 18.9          
Cash dividends declared (145.2) (145.2)   (145.2)        
Ending balance at Sep. 30, 2023 3,387.2 3,387.1 837.0 3,874.0 (156.3) 10.1 (1,177.7) 0.1
Beginning balance at Jun. 30, 2023 3,278.9 3,278.7 835.1 3,713.4 (98.2) 10.4 (1,182.0) 0.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 209.0 209.1   209.1       (0.1)
Cumulative translation adjustment (58.1) (58.1)     (58.1)      
Net change in retirement obligations (net of tax) (0.3) (0.3)       (0.3)    
Net issuance of shares of common stock (net of tax) 4.3 4.3         4.3  
Share-based compensation 1.9 1.9 1.9          
Cash dividends declared (48.5) (48.5)   (48.5)        
Ending balance at Sep. 30, 2023 $ 3,387.2 $ 3,387.1 $ 837.0 $ 3,874.0 $ (156.3) $ 10.1 $ (1,177.7) $ 0.1