XML 15 R5.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2022 $ 9.8          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests 2.0          
Dividend paid to non-controlling interest in subsidiary (2.2)          
Redeemable noncontrolling interest, ending balance at Sep. 30, 2023 9.6          
Balance at beginning of period (in shares) at Dec. 31, 2022   283.8        
Balance at beginning of period at Dec. 31, 2022 (22.1) $ 2.8 $ (3,434.7) $ 598.2 $ 2,988.5 $ (176.9)
Balance at beginning of period (in shares) at Dec. 31, 2022     113.4      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 291.0       291.0  
Foreign currency adjustments, net of tax 0.6         0.6
Dividends declared on common stock (58.1)       (58.1)  
Exercise of stock options (in shares)     (0.2)      
Exercise of stock options 2.8   $ 4.6 (1.8)    
Issuances of PRSUs and RSUs (in shares)     (2.7)      
Issuances of PRSUs and RSUs 0.0   $ 85.2 (85.2)    
Treasury stock repurchased (in shares)     0.1      
Treasury stock repurchased (5.0)   $ (5.0)      
Treasury stock repurchased - PRSU/RSU releases (in shares)     0.9      
Treasury stock repurchased - PRSU/RSU releases (31.0)   $ (31.0)      
Amortization of unearned stock-based compensation 35.9     35.9    
Balance at end of period (in shares) at Sep. 30, 2023   283.8        
Balance at end of period at Sep. 30, 2023 214.1 $ 2.8 $ (3,380.9) 547.1 3,221.4 (176.3)
Balance at ending of period (in shares) at Sep. 30, 2023     111.5      
Redeemable noncontrolling interest, beginning balance at Jun. 30, 2023 9.4          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests 0.6          
Dividend paid to non-controlling interest in subsidiary (0.4)          
Redeemable noncontrolling interest, ending balance at Sep. 30, 2023 9.6          
Balance at beginning of period (in shares) at Jun. 30, 2023   283.8        
Balance at beginning of period at Jun. 30, 2023 138.1 $ 2.8 $ (3,384.1) 536.7 3,127.5 (144.8)
Balance at beginning of period (in shares) at Jun. 30, 2023     111.6      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 113.3       113.3  
Foreign currency adjustments, net of tax (31.5)         (31.5)
Dividends declared on common stock (19.4)       (19.4)  
Exercise of stock options (in shares)     (0.1)      
Exercise of stock options 2.0   $ 3.1 (1.1)    
Issuances of PRSUs and RSUs 0.0   0.2 (0.2)    
Treasury stock repurchased - PRSU/RSU releases (0.1)   (0.1)      
Amortization of unearned stock-based compensation 11.7     11.7    
Balance at end of period (in shares) at Sep. 30, 2023   283.8        
Balance at end of period at Sep. 30, 2023 214.1 $ 2.8 $ (3,380.9) 547.1 3,221.4 (176.3)
Balance at ending of period (in shares) at Sep. 30, 2023     111.5      
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2023 10.0          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests 0.7          
Dividend paid to non-controlling interest in subsidiary (2.0)          
Redeemable noncontrolling interest, ending balance at Sep. 30, 2024 8.7          
Balance at beginning of period (in shares) at Dec. 31, 2023   283.8        
Balance at beginning of period at Dec. 31, 2023 323.4 $ 2.8 $ (3,380.6) 558.7 3,279.2 (136.7)
Balance at beginning of period (in shares) at Dec. 31, 2023     111.5      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 312.4       312.4  
Adjustment to Pension Liability, net of tax (0.3)         (0.3)
Foreign currency adjustments, net of tax 14.0         14.0
Dividends declared on common stock (68.8)       (68.8)  
Exercise of stock options 0.3   $ 1.5 (1.2)    
Issuances of PRSUs and RSUs (in shares)     (2.2)      
Issuances of PRSUs and RSUs 0.0   $ 92.1 (92.1)    
Treasury stock repurchased - PRSU/RSU releases (in shares)     0.9      
Treasury stock repurchased - PRSU/RSU releases (43.8)   $ (43.8)      
Amortization of unearned stock-based compensation 27.3     27.3    
Balance at end of period (in shares) at Sep. 30, 2024   283.8        
Balance at end of period at Sep. 30, 2024 564.5 $ 2.8 $ (3,330.8) 492.7 3,522.8 (123.0)
Balance at ending of period (in shares) at Sep. 30, 2024     110.2      
Redeemable noncontrolling interest, beginning balance at Jun. 30, 2024 8.9          
Increase (Decrease) in Temporary Equity [Roll Forward]            
Net income attributable to non-controlling interests (0.2)          
Redeemable noncontrolling interest, ending balance at Sep. 30, 2024 8.7          
Balance at beginning of period (in shares) at Jun. 30, 2024   283.8        
Balance at beginning of period at Jun. 30, 2024 411.8 $ 2.8 $ (3,331.0) 484.3 3,415.7 (160.0)
Balance at beginning of period (in shares) at Jun. 30, 2024     110.2      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 130.0       130.0  
Foreign currency adjustments, net of tax 37.0         37.0
Dividends declared on common stock (22.9)       (22.9)  
Exercise of stock options 0.0   $ 0.1 (0.1)    
Issuances of PRSUs and RSUs 0.0   0.1 (0.1)    
Amortization of unearned stock-based compensation 8.6     8.6    
Balance at end of period (in shares) at Sep. 30, 2024   283.8        
Balance at end of period at Sep. 30, 2024 $ 564.5 $ 2.8 $ (3,330.8) $ 492.7 $ 3,522.8 $ (123.0)
Balance at ending of period (in shares) at Sep. 30, 2024     110.2