Capital Stock, Accumulated Other Comprehensive Loss and Equity (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Share Repurchases

Share repurchases are shown below (in millions except for shares and per share amounts):

For the year ended December 31,	Aggregate Repurchases		Cash paid for Repurchases		Number of Shares	Average Price per Share (2)
2020 (1)	$	70.0	$	70.0	641,149	$	109.22
2019	$	380.4	$	384.7	2,819,081	$	134.95
2018	$	705.2	$	704.9	4,308,418	$	163.69

(1)    Prior to suspension.

(2)    Excludes commissions

Dividends Declared and Paid

Dividends declared and paid are shown below (in millions):

For the year ended December 31,	2020		2019		2018
Dividends declared	$	62.1	$	186.3	$	185.8
Dividends paid	$	67.3	$	186.3	$	186.3

Summary of Changes in Accumulated Other Comprehensive Loss, Net of Tax

A summary of changes in accumulated other comprehensive loss, net of tax is shown below (in millions):

For the year ended December 31,	2020		2019		2018
Defined benefit plans:
Balance at beginning of year	$	(217.6)	$	(172.8)	$	(184.0)
Reclassification adjustments (net of tax expense of $4.7 million in 2020, $2.0 million in 2019 and $2.4 million in 2018)	14.3		5.0		9.0
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $23.2 million in 2020, $15.7 million in 2019 and ($0.6) million in 2018)	(73.6)		(49.8)		2.2
Balance at end of year	$	(276.9)	$	(217.6)	$	(172.8)
Derivative instruments and hedge activities:
Balance at beginning of year	$	9.8	$	(9.7)	$	(22.9)
Reclassification adjustments (net of tax benefit (expense) of ($1.8) million in 2020, $10.2 million in 2019 and $4.1 million in 2018)	7.5		(38.0)		(15.2)
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $1.0 million in 2020, ($15.7) million in 2019 and ($7.4) million in 2018)	(4.7)		57.5		28.4
Balance at end of year	$	12.6	$	9.8	$	(9.7)
Currency translation adjustments:
Balance at beginning of year	$	(564.9)	$	(523.3)	$	(306.5)
Other comprehensive income (loss) recognized during the period (net of tax benefit of $3.8 million in 2020, $0.9 million in 2019 and $2.3 million in 2018)	124.1		(41.6)		(216.8)
Balance at end of year	$	(440.8)	$	(564.9)	$	(523.3)