XML 45 R35.htm IDEA: XBRL DOCUMENT v3.19.3
STOCKHOLDERS' EQUITY (Tables)
 9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note [Abstract]  
Schedule of accumulated other comprehensive income (loss)
 

Changes in Accumulated Other Comprehensive Income (Loss)

The table below presents changes in AOCI by component for the three and nine months ended September 30, 2019 and 2018. All amounts are net of tax (in millions).
 
Three Months Ended
September 30, 2019
 
Three Months Ended
September 30, 2018
 
CTA (1)
Derivative Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Derivative Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
(231.7
)
$
(3.5
)
$
2.1

$
(54.2
)
$
(287.3
)
 
$
(187.8
)
$
(5.2
)
$
0.7

$
(95.9
)
$
(288.2
)
Other comprehensive income (loss) before reclassifications
(51.9
)
(3.5
)
0.4

14.4

(40.6
)
 
(18.1
)
(1.0
)
0.4

0.7

(18.0
)
Amounts reclassified from AOCI
26.1

2.0

—

(0.5
)
27.6

 
(0.7
)
1.1

—

1.5

1.9

Net Other Comprehensive Income (Loss)
(25.8
)
(1.5
)
0.4

13.9

(13.0
)
 
(18.8
)
0.1

0.4

2.2

(16.1
)
Ending balance
$
(257.5
)
$
(5.0
)
$
2.5

$
(40.3
)
$
(300.3
)
 
$
(206.6
)
$
(5.1
)
$
1.1

$
(93.7
)
$
(304.3
)


(1) Reclassifications relate to 26.1 million of losses (net of 2.8 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of Demag.

 
Nine Months Ended
September 30, 2019
 
Nine Months Ended
September 30, 2018
 
CTA (1)
Derivative Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
 
CTA
Derivative Hedging Adj.
Debt & Equity Securities Adj.
Pension Liability Adj.
Total
Beginning balance
$
(225.6
)
$
(4.4
)
$
0.8

$
(55.6
)
$
(284.8
)
 
$
(144.7
)
$
2.1

$
4.3

$
(101.2
)
$
(239.5
)
Other comprehensive income (loss) before reclassifications
(58.0
)
(5.7
)
1.7

14.6

(47.4
)
 
(61.2
)
(5.7
)
(0.6
)
3.0

(64.5
)
Amounts reclassified from AOCI
26.1

5.1

—

0.7

31.9

 
(0.7
)
(1.5
)
—

4.5

2.3

Net Other Comprehensive Income (Loss)
(31.9
)
(0.6
)
1.7

15.3

(15.5
)
 
(61.9
)
(7.2
)
(0.6
)
7.5

(62.2
)
Other (2)
—

—

—

—

—

 
—

—

(2.6
)
—

(2.6
)
Ending balance
$
(257.5
)
$
(5.0
)
$
2.5

$
(40.3
)
$
(300.3
)
 
$
(206.6
)
$
(5.1
)
$
1.1

$
(93.7
)
$
(304.3
)


(1) Reclassifications relate to 26.1 million of losses (net of 2.8 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of Demag.
(2) Other relates to amounts reclassified from AOCI to Retained Earnings in connection with the adoption of ASU 2016-01 and 2016-16.
Schedule of weighted-average assumptions used in the valuations
The following table presents the weighted-average assumptions used in the valuation:
 
Grant date
 
March 12, 2019
Dividend yields
1.31
%
Expected volatility
36.64
%
Risk free interest rate
2.40
%
Expected life (in years)
3