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Shareholders' Equity | 12 Months Ended
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Dec. 31, 2020
Stockholders' Equity Note [Abstract] |
Shareholders' Equity [Text Block] | Shareholders' Equity Accumulated Other Comprehensive Loss The following table presents the changes in Accumulated other comprehensive loss, excluding noncontrolling interests:
|  | Foreign Currency Translation Adjustment and Other, Net |  | Unrealized Gain (Loss) on Foreign Exchange Contracts Designated as Net Investment Hedges, Net |  | Unrealized Gain (Loss) on Interest Rate Swaps Designated as Cash Flow Hedges, Net |  | Employee Benefit Plan Items, Net |  | Total
Balance as of December 31, 2018 |  | $ | (266,327) |  |  | $ | — |  |  | $ | (5,560) |  |  | $ | (27,562) |  |  | $ | (299,449) |
Other comprehensive income (loss) before reclassifications (a) |  | 7,658 |  |  | 16,489 |  |  | (8,767) |  |  | (3,079) |  |  | 12,301 |
Amounts reclassified into income (loss) (b) |  | 12,964 |  |  | (6,121) |  |  | 980 |  |  | 17,114 |  |  | 24,937 |
Net change in accumulated other comprehensive income (loss) for the year ended December 31, 2019 |  | 20,622 |  |  | 10,368 |  |  | (7,787) |  |  | 14,035 |  |  | 37,238 |
Balance as of December 31, 2019 |  | (245,705) |  |  | 10,368 |  |  | (13,347) |  |  | (13,527) |  |  | (262,211) |
Other comprehensive income (loss) before reclassifications (a) |  | 183,636 |  |  | (6,802) |  |  | (12,023) |  |  | (4,882) |  |  | 159,929 |
Amounts reclassified into income (loss) |  | (958) |  |  | (6,686) |  |  | 3,023 |  |  | 2,018 |  |  | (2,603) |
Net change in accumulated other comprehensive income (loss) for the year ended December 31, 2020 |  | 182,678 |  |  | (13,488) |  |  | (9,000) |  |  | (2,864) |  |  | 157,326 |
Balance as of December 31, 2020 |  | $ | (63,027) |  |  | $ | (3,120) |  |  | $ | (22,347) |  |  | $ | (16,391) |  |  | $ | (104,885) |
(a) Foreign currency translation adjustment includes intra-entity foreign currency transactions that are of a long-term investment nature of $31,470 and $10,630 for 2020 and 2019, respectively. (b) Foreign currency translation adjustment includes a reclassification of cumulative translation adjustments to earnings upon the sale of three foreign subsidiaries during 2019 of $19,602 (Note 2). Employee Benefit Plan Items, net includes a pre-tax pension settlement expense of $20,111 ($15,257 net of tax) for 2019 (Note 13). Common Stock Outstanding Activity The following table sets forth the activity in the number of shares outstanding (in thousands):
|  | Common Stock Issued |  | Treasury Stock |  | Common Stock Outstanding
Common stock outstanding at December 31, 2017 |  | 125,424 |  |  | 37,733 |  |  | 87,691 |
Shares issued for stock-based compensation awards |  | — |  |  | (709) |  |  | 709 |
Repurchases of common stock |  | — |  |  | 3,209 |  |  | (3,209) |
Common stock outstanding at December 31, 2018 |  | 125,424 |  |  | 40,233 |  |  | 85,191 |
Shares issued for stock-based compensation awards |  | — |  |  | (886) |  |  | 886 |
Repurchases of common stock |  | — |  |  | 5,457 |  |  | (5,457) |
Common stock outstanding at December 31, 2019 |  | 125,424 |  |  | 44,804 |  |  | 80,620 |
Shares issued for stock-based compensation awards |  | — |  |  | (764) |  |  | 764 |
Repurchases of common stock |  | — |  |  | 6,541 |  |  | (6,541) |
Common stock outstanding at December 31, 2020 |  | 125,424 |  |  | 50,581 |  |  | 74,843 |
The company has 2,000,000 authorized shares of serial preferred stock with a par value of one dollar. There were no shares of serial preferred stock outstanding at December 31, 2020 and 2019. Share-Repurchase Programs The following table shows the company's Board of Directors (the “Board”) approved share-repurchase programs as of December 31, 2020:
Month of Board Approval |  | Dollar Value Approved for Repurchase |  | Dollar Value of Shares Repurchased |  | Approximate Dollar Value of Shares that May Yet be Purchased Under the Program
December 2016 |  | $ | 400,000 |  |  | $ | 400,000 |  |  | $ | — |
December 2018 |  | 600,000 |  |  | 600,000 |  |  | — |
July 2020 |  | 600,000 |  |  | 136,543 |  |  | 463,457 |
Total |  | $ | 1,600,000 |  |  | $ | 1,136,543 |  |  | $ | 463,457 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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