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Changes in Equity and Comprehensive Income (Tables) | 3 Months Ended
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Mar. 31, 2017
Equity [Abstract] |
Summary Of Changes In Equity | A summary of the changes in equity for the three months ended March 31, 2017 and 2016 is provided below:
| Three Months Ended March 31,
| 2017 |  | 2016
(in millions) | Total Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity |  | Total Shareholders’ Equity |  | Noncontrolling Interests |  | Total Equity
Balance, beginning of period | $ | 1,133.8 |  |  | $ | 11.9 |  |  | $ | 1,145.7 |  |  | $ | 1,139.4 |  |  | $ | 11.4 |  |  | $ | 1,150.8 |
Dividends | (19.6 | ) |  | — |  |  | (19.6 | ) |  | (19.2 | ) |  | — |  |  | (19.2 | )
Exercise of stock options, net of shares reacquired | 12.8 |  |  | — |  |  | 12.8 |  |  | (1.4 | ) |  | — |  |  | (1.4 | )
Stock compensation expense | 5.6 |  |  | — |  |  | 5.6 |  |  | 6.1 |  |  | — |  |  | 6.1 |
Excess tax shortfall from stock based compensation | — |  |  | — |  |  | — |  |  | (0.3 | ) |  | — |  |  | (0.3 | )
Net income | 63.1 |  |  | 0.2 |  |  | 63.3 |  |  | 55.0 |  |  | 0.2 |  |  | 55.2 |
Other comprehensive income | 24.3 |  |  | 0.2 |  |  | 24.5 |  |  | 33.6 |  |  | 0.1 |  |  | 33.7 |
Comprehensive income | 87.4 |  |  | 0.4 |  |  | 87.8 |  |  | 88.6 |  |  | 0.3 |  |  | 88.9 |
Balance, end of period | $ | 1,220.0 |  |  | $ | 12.3 |  |  | $ | 1,232.3 |  |  | $ | 1,213.2 |  |  | $ | 11.7 |  |  | $ | 1,224.9 |
Classification Of Accumulated Other Comprehensive Income Reflected On Consolidated Balance Sheets | The table below provides the accumulated balances for each classification of accumulated other comprehensive loss, as reflected on the Condensed Consolidated Balance Sheets.
| (in millions) | Defined Benefit Pension and Other Postretirement Items* |  | Currency Translation Adjustment |  | Total
Balance as of December 31, 2016 | $ | (301.3 | ) |  | $ | (174.8 | ) |  | $ | (476.1 | )
| Other comprehensive income before reclassifications | — |  |  | 22.0 |  |  | 22.0 |
| Amounts reclassified from accumulated other comprehensive income | 2.3 |  |  | — |  |  | 2.3 |
Net current-period other comprehensive income | 2.3 |  |  | 22.0 |  |  | 24.3 |
Balance as of March 31, 2017 | $ | (299.0 | ) |  | $ | (152.8 | ) |  | $ | (451.8 | )
* Net of tax benefit of $118.8 million and $119.8 million for March 31, 2017 and December 31, 2016, respectively.
Amounts Reclassified out of each Component of AOCI | The table below illustrates the amounts reclassified out of each component of accumulated other comprehensive income for the three month periods ended March 31, 2017 and 2016.
Details of Accumulated Other Comprehensive Income Components (in millions) |  | Amounts Reclassified from Accumulated Other Comprehensive Income |  | Affected Line Item in the Statements of Operations
|  | Three Months Ended March 31, |  |
|  | 2017 |  | 2016 |  |
Amortization of defined benefit pension items: |  |  |  |  |  |
Prior-service costs |  | $ | (0.1 | ) |  | $ | (0.2 | ) |  | $(0.1) and $(0.3) has been recorded within Cost of sales for the three months ended March 31, 2017 and March 31, 2016, respectively, and $0 and $0.1 has been recorded within Selling, general & administrative for the three months ended March 31, 2017 and March 31, 2016, respectively.
Net loss |  | 3.5 |  |  | 2.9 |  |  | $4.7 and $3.9 has been recorded within Cost of sales for the three months ended March 31, 2017 and 2016, respectively, and $(1.2) and $(1.0) has been recorded within Selling, general & administrative for the three months ended March 31, 2017 and 2016, respectively.
Amortization of other postretirement items: |  |  |  |  |  |
Prior-service costs |  | — |  |  | (0.1 | ) |  | Recorded within Selling, General & Administrative
Net gain |  | (0.1 | ) |  | (0.1 | ) |  | Recorded within Selling, General & Administrative
|  | $ | 3.3 |  |  | $ | 2.5 |  |  | Total before tax
|  | 1.0 |  |  | 0.7 |  |  | Tax benefit
Total reclassifications for the period |  | $ | 2.3 |  |  | $ | 1.8 |  |  | Net of tax

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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