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

12 Months Ended

Dec. 31, 2022

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 (1)
2022	$	100.3	$	100.3	763,309	$	131.37
2021	$	100.3	$	100.3	589,717	$	170.03
2020	$	70.0	$	70.0	641,149	$	109.22

(1) Excludes commissions.

Dividends Declared and Paid

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

For the year ended December 31,	2022		2021		2020
Dividends declared	$	186.2	$	107.9	$	62.1
Dividends paid	$	185.5	$	106.7	$	67.3

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

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

For the year ended December 31,	2022		2021		2020
Defined benefit plans:
Balance at beginning of year	$	(199.4)	$	(276.9)	$	(217.6)
Reclassification adjustments (net of tax expense of $1.0 million in 2022, $2.1 million in 2021 and $4.7 million in 2020)	4.0		7.1		14.3
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($23.9) million in 2022, ($20.6) million in 2021 and $23.2 million in 2020)	99.7		70.4		(73.6)
Balance at end of year	$	(95.7)	$	(199.4)	$	(276.9)
Derivative instruments and hedge activities:
Balance at beginning of year	$	(18.6)	$	12.6	$	9.8
Reclassification adjustments (net of tax benefit (expense) of $8.5 million in 2022, $8.7 million in 2021 and ($1.8) million in 2020)	(35.3)		(36.0)		7.5
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($19.1) million in 2022, ($1.2) million in 2021 and $1.0 million in 2020)	87.3		4.8		(4.7)
Balance at end of year	$	33.4	$	(18.6)	$	12.6
Currency translation adjustments:
Balance at beginning of year	$	(552.2)	$	(440.8)	$	(564.9)
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($4.7) million in 2022, ($4.1) million in 2021 and $3.8 million in 2020)	(190.6)		(111.4)		124.1
Balance at end of year	$	(742.8)	$	(552.2)	$	(440.8)