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Capital Stock, Accumulated Other Comprehensive Loss and Equity (Tables)

12 Months Ended

Dec. 31, 2021

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						Cash paid for Repurchases						Number of Shares						Average Price per Share (1)
2021			$	100.3					$	100.3					589,717						$	170.03
2020			$	70.0					$	70.0					641,149						$	109.22
2019			$	380.4					$	384.7					2,819,081						$	134.95

(1) Excludes commissions.

Dividends Declared and Paid

Dividends declared and paid are shown below (in millions):

For the year ended December 31,			2021						2020						2019
Dividends declared			$	107.9					$	62.1					$	186.3
Dividends paid			$	106.7					$	67.3					$	186.3

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,			2021						2020						2019
Defined benefit plans:
Balance at beginning of year			$	(276.9)					$	(217.6)					$	(172.8)
Reclassification adjustments (net of tax expense of $2.1 million in 2021, $4.7 million in 2020 and $2.0 million in 2019)			7.1						14.3						5.0
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($20.6) million in 2021, $23.2 million in 2020 and $15.7 million in 2019)			70.4						(73.6)						(49.8)
Balance at end of year			$	(199.4)					$	(276.9)					$	(217.6)
Derivative instruments and hedge activities:
Balance at beginning of year			$	12.6					$	9.8					$	(9.7)
Reclassification adjustments (net of tax benefit (expense) of $8.7 million in 2021, ($1.8) million in 2020 and $10.2 million in 2019)			(36.0)						7.5						(38.0)
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($1.2) million in 2021, $1.0 million in 2020 and ($15.7) million in 2019)			4.8						(4.7)						57.5
Balance at end of year			$	(18.6)					$	12.6					$	9.8
Currency translation adjustments:
Balance at beginning of year			$	(440.8)					$	(564.9)					$	(523.3)
Other comprehensive income (loss) recognized during the period (net of tax benefit (expense) of ($4.1) million in 2021, $3.8 million in 2020 and $0.9 million in 2019)			(111.4)						124.1						(41.6)
Balance at end of year			$	(552.2)					$	(440.8)					$	(564.9)

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