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Shareholders' Equity (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of cash dividends declared per common share
Cash dividends declared and paid per common share for the three and nine months ended September 30, 2020 and 2019, were as follows: 
 Three months ended September 30,Nine months ended September 30,
 2020201920202019
Cash dividends declared and paid per common share$0.62 $0.61 $1.86 $1.83 
Schedule of reconciliation of weighted average number of shares A reconciliation of these amounts is as follows (in millions):
Three months ended September 30,Nine months ended September 30,
2020201920202019
Weighted average number of common shares outstanding 61.5 61.2 61.4 61.1 
Director Plan and deferred stock units 0.2 0.2 0.2 0.2 
ESOP 0.2 0.1 0.2 0.1 
Common shares outstanding—basic 61.9 61.5 61.8 61.4 
Dilutive effect of Omnibus Plan0.9 0.8 — 0.8 
Common and potential common shares outstanding—diluted 62.8 62.3 61.8 62.2 
Schedule of changes in accumulated other comprehensive income (loss) balances
Changes in the accumulated other comprehensive loss balance are as follows (in millions):
Foreign Currency TranslationCash Flow
Hedging Derivatives
Retirement Plan and Other ActivityAccumulated Other
Comprehensive Loss
Balance as of December 31, 2019$(63.3)$(6.1)$(3.3)$(72.7)
Reclassification to the statement of income — 1.0 0.2 1.2 
Change in fair value (1.8)(11.6)— (13.4)
Balance as of September 30, 2020$(65.1)$(16.7)$(3.1)$(84.9)
Schedule of gains and losses, net of tax, reclassified from accumulated other comprehensive income into the income statement for cash flow derivatives designated as hedging instruments
The table below provides data about the amount of gains and losses, net of tax, reclassified from accumulated other comprehensive loss into the statements of income (loss) for cash flow derivatives designated as hedging instruments and retirement plan activity for the three and nine months ended September 30, 2020 and 2019 (in millions): 
Derivatives in Cash Flow Hedging Relationships and Other ActivityLocation of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into IncomeThree months ended September 30,Nine months ended September 30,
2020201920202019
Foreign currency contractsOther expense, net$1.0 $0.5 $4.5 $2.6 
Foreign currency contractsCost of sales(0.7)0.2 (1.4)0.5 
Interest rate contractsInterest expense(2.0)(0.3)(4.1)(0.4)
Retirement plan activityOperating expenses(0.1)(0.1)(0.2)(0.2)
Total$(1.8)$0.3 $(1.2)$2.5