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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions The following table presents the weighted-average assumptions used in the valuations:
 
Grant date
 
Grant date
 
Grant date
 
March 12, 2019
 
March 8, 2018
 
March 2, 2017
Dividend yields
1.31%
 
1.00%
 
1.01%
Expected historical volatility
36.64%
 
40.41%
 
42.78%
Risk free interest rate
2.40%
 
2.38%
 
1.55%
Expected life (in years)
3
 
3
 
3
Grant date fair value per share
$38.77
 
$41.57
 
$36.48

Schedule of Share-based Compensation Restricted Stock Awards Activity
The following table is a summary of restricted stock awards under all of the Company’s plans:
 
 
Restricted Stock
Awards
 
Weighted
Average Grant
Date Fair Value
Nonvested at December 31, 2018
 
2,976,227

 
$
34.32

Granted
 
1,137,983

 
$
33.84

Vested
 
(1,432,294
)
 
$
30.82

Canceled, expired or other
 
(239,656
)
 
$
32.76

Nonvested at December 31, 2019
 
2,442,260

 
$
35.53


Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in Accumulated Other Comprehensive Income (Loss)
The table below presents changes in AOCI by component for the year ended December 31, 2019 and 2018. All amounts are net of tax (in millions).
 
Year ended December 31, 2019
 
Year ended December 31, 2018
 
CTA (1)
Derivative
Hedging
Adj.
Debt &
Equity
Securities
Adj.
Pension
Liability
Adj. (2)
Total
 
CTA
Derivative
Hedging
Adj.
Debt &
Equity
Securities
Adj.
Pension
Liability
Adj. (3)
Total
Beginning balance
$
(225.6
)
$
(4.4
)
$
0.8

$
(55.6
)
$
(284.8
)
 
$
(144.7
)
$
2.1

$
4.3

$
(101.2
)
$
(239.5
)
Other comprehensive income (loss) before reclassifications
(8.7
)
(2.6
)
1.8

(10.0
)
(19.5
)
 
(80.2
)
(7.4
)
(0.9
)
(2.8
)
(91.3
)
Amounts reclassified from AOCI
26.1

6.2


14.5

46.8

 
(0.7
)
0.9


48.4

48.6

Net other comprehensive income (loss)
17.4

3.6

1.8

4.5

27.3

 
(80.9
)
(6.5
)
(0.9
)
45.6

(42.7
)
Other (4)





 


(2.6
)

(2.6
)
Ending balance
$
(208.2
)
$
(0.8
)
$
2.6

$
(51.1
)
$
(257.5
)
 
$
(225.6
)
$
(4.4
)
$
0.8

$
(55.6
)
$
(284.8
)

(1) Reclassifications relate to $26.1 million of losses (net of $2.8 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of Demag.
(2) Reclassifications primarily relate to $12.6 million of losses (net of $5.3 million of tax benefits) reclassified from AOCI to Gain (loss) on disposition of discontinued operations - net of tax in connection with the sale of Demag.
(3) Reclassifications primarily relate to $42.6 million of losses (net of $24.4 million of tax benefits) reclassified from AOCI to Other income (expense) - net in connection with the settlement of U.S. defined benefit pension obligations.
(4) Other relates to amounts reclassified from AOCI to Retained Earnings in connection with the adoption of ASU 2016-01 and 2016-
 
 
Cumulative
Translation
Adjustment
 
Derivative
Hedging
Adjustment
 
Debt & Equity
Securities
Adjustment
 
Pension
Liability
Adjustment
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance at January 1, 2017
 
$
(615.3
)
 
$
(2.4
)
 
$
0.6

 
$
(162.3
)
 
$
(779.4
)
Current year change
 
470.6

 
4.5

 
3.7

 
61.1

 
539.9

Balance at December 31, 2017
 
(144.7
)
 
2.1

 
4.3

 
(101.2
)
 
(239.5
)
Current year change
 
(80.9
)
 
(6.5
)
 
(3.5
)
 
45.6

 
(45.3
)
Balance at December 31, 2018
 
(225.6
)
 
(4.4
)
 
0.8

 
(55.6
)
 
(284.8
)
Current year change
 
17.4

 
3.6

 
1.8

 
4.5

 
27.3

Balance at December 31, 2019
 
$
(208.2
)
 
$
(0.8
)
 
$
2.6

 
$
(51.1
)
 
$
(257.5
)