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Capital Stock, Accumulated Other Comprehensive Loss and Equity (Tables) | 12 Months Ended
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Dec. 31, 2019
Equity [Abstract] |
Schedule of Share Repurchases | Share repurchases are shown below (in millions except for shares and per share amounts):
For the year ended December 31, | Aggregate Repurchases (1) |  | Cash paid for Repurchases |  | Number of Shares |  | Average Price per Share (2)
2019 | $ | 380.4 |  |  | $ | 384.7 |  |  | 2,819,081 |  | $ | 134.95 |
2018 | $ | 705.2 |  |  | $ | 704.9 |  |  | 4,308,418 |  | $ | 163.69 |
2017 | $ | 454.4 |  |  | $ | 450.5 |  |  | 3,014,131 |  | $ | 150.77 |
(1) | 2018 and 2019 include purchases prior to the increased authorization.
(2) Excludes commissions
Dividends Declared and Paid | Dividends declared and paid are shown below (in millions):
For the year ended December 31, | 2019 |  | 2018 |  | 2017
Dividends declared | $ | 186.3 |  |  | $ | 185.8 |  |  | $ | 140.3 |
Dividends paid | $ | 186.3 |  |  | $ | 186.3 |  |  | $ | 137.7 |
Summary of Changes in Accumulated Other Comprehensive Loss, Net of Tax | A summary of changes in accumulated other comprehensive loss, net of tax is shown below (in millions):
For the year ended December 31, | 2019 |  | 2018 |  | 2017
Defined benefit plans: |  |  |  |  |
Balance at beginning of year | $ | (172.8 | ) |  | $ | (184.0 | ) |  | $ | (192.8 | )
Reclassification adjustments (net of tax expense of $2.0 million in 2019, $2.4 million in 2018 and $1.1 million in 2017) | 5.0 |  |  | 9.0 |  |  | 4.9 |
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of $15.7 million in 2019, ($0.6) million in 2018 and ($0.4) million in 2017) | (49.8 | ) |  | 2.2 |  |  | 3.9 |
Balance at end of year | $ | (217.6 | ) |  | $ | (172.8 | ) |  | $ | (184.0 | )
Derivative instruments and hedge activities: |  |  |  |  |
Balance at beginning of year | $ | (9.7 | ) |  | $ | (22.9 | ) |  | $ | (45.1 | )
Reclassification adjustments (net of tax benefit (expense) of $10.2 million in 2019, $4.1 million in 2018 and ($3.1) million in 2017) | (38.0 | ) |  | (15.2 | ) |  | 6.4 |
Other comprehensive income recognized during the period (net of tax expense of $15.7 million in 2019, $7.4 million in 2018 and $12.8 million in 2017) | 57.5 |  |  | 28.4 |  |  | 15.8 |
Balance at end of year | $ | 9.8 |  |  | $ | (9.7 | ) |  | $ | (22.9 | )
Currency translation adjustments: |  |  |  |  |
Balance at beginning of year | $ | (523.3 | ) |  | $ | (306.5 | ) |  | $ | (597.7 | )
Other comprehensive income (loss) recognized during the period (net of tax benefit of $0.9 million in 2019, $2.3 million in 2018 and $— million in 2017) | (41.6 | ) |  | (216.8 | ) |  | 291.2 |
Balance at end of year | $ | (564.9 | ) |  | $ | (523.3 | ) |  | $ | (306.5 | )

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