STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2020

Stockholders' Equity Note [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following table presents the weighted-average assumptions used in the valuations:

	Grant date	Grant date	Grant date
	February 26, 2020	March 12, 2019	March 8, 2018
Dividend yields	2.12%	1.31%	1.00%
Expected historical volatility	36.36%	36.64%	40.41%
Risk free interest rate	1.14%	2.40%	2.38%
Expected life (in years)	3	3	3
Grant date fair value per share	$21.09	$38.77	$41.57

Schedule of Share-based Compensation Restricted Stock Awards Activity

The following table is a summary of restricted stock awards under all of the Company’s plans:

	Restricted Stock Awards	Weighted Average Grant Date Fair Value
Nonvested at December 31, 2019	2,442,260	$	35.53
Granted	1,367,067	$	22.42
Vested	(1,103,352)	$	33.73
Canceled, expired or other	(314,650)	$	28.88
Nonvested at December 31, 2020	2,391,325	$	27.64

Schedule of Accumulated Other Comprehensive Income (Loss)

	Cumulative Translation Adjustment		Derivative Hedging Adjustment		Debt & Equity Securities Adjustment		Pension Liability Adjustment		Accumulated Other Comprehensive Income (Loss)
Balance at January 1, 2018	$	(144.7)	$	2.1	$	4.3	$	(101.2)	$	(239.5)
Current year change	(80.9)		(6.5)		(3.5)		45.6		(45.3)
Balance at December 31, 2018	(225.6)		(4.4)		0.8		(55.6)		(284.8)
Current year change	17.4		3.6		1.8		4.5		27.3
Balance at December 31, 2019	(208.2)		(0.8)		2.6		(51.1)		(257.5)
Current year change	63.0		(5.2)		(1.4)		(7.3)		49.1
Balance at December 31, 2020	$	(145.2)	$	(6.0)	$	1.2	$	(58.4)	$	(208.4)

Changes in Accumulated Other Comprehensive Income (Loss)

The table below presents changes in AOCI by component for the year ended December 31, 2020 and 2019. All amounts are net of tax (in millions).

	Year ended December 31, 2020										Year ended December 31, 2019
	CTA		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj.		Total		CTA (1)		Derivative Hedging Adj.		Debt & Equity Securities Adj.		Pension Liability Adj. (2)		Total
Beginning balance	$	(208.2)	$	(0.8)	$	2.6	$	(51.1)	$	(257.5)	$	(225.6)	$	(4.4)	$	0.8	$	(55.6)	$	(284.8)
Other comprehensive income (loss) before reclassifications	63.0		(9.2)		(1.4)		(8.6)		43.8		(8.7)		(2.6)		1.8		(10.0)		(19.5)
Amounts reclassified from AOCI	—		4.0		—		1.3		5.3		26.1		6.2		—		14.5		46.8
Net other comprehensive income (loss)	63.0		(5.2)		(1.4)		(7.3)		49.1		17.4		3.6		1.8		4.5		27.3
Ending balance	$	(145.2)	$	(6.0)	$	1.2	$	(58.4)	$	(208.4)	$	(208.2)	$	(0.8)	$	2.6	$	(51.1)	$	(257.5)

(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 disposition of Demag.

(2) Reclassifications primarily relate to $12.6 million of losses (net of $5.3 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the disposition of Demag.