XML 127 R44.htm IDEA: XBRL DOCUMENT v3.20.1

Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2019

Equity [Abstract]

Schedule of Ordinary Share Capital

Ordinary share capital

		December 31, 2019			December 31, 2018			December 31, 2019					December 31, 2018
		No.			No.			Millions					Millions
	Authorized:
	Ordinary shares of £0.50 each	40,000,000			40,000,000			$	35.7		(1)		$	35.7		(1)
	Deferred ordinary shares of £0.0001 each	761,835,338,444			761,845,318,444			149.9			(1)		149.9			(1)
		761,875,338,444			761,885,318,444			$	185.6		(1)		$	185.6		(1)
	Allotted, called up and fully paid:
	Ordinary shares of £0.50 each	29,000,000			29,000,000			$	26.6		(1)		$	26.6		(1)
	Deferred ordinary shares of £0.0001 each	761,835,338,444			761,835,338,444			149.9			(1)		149.9			(1)
		761,864,338,444			761,864,338,444			$	176.5		(1)		$	176.5		(1)
	​	​			​			​			​		​			​

⁽¹⁾ 

The Company's ordinary and deferred share capital are shown in U.S. dollars at the exchange rate prevailing at the month-end spot rate at the time of the share capital being issued. This rate at the end of February 2007 was $1.9613:£1 when the first 20,000,000 shares were issued; the rate at the end of October 2012 was $1.6129:£1 when 7,000,000 shares were issued; the rate at the end of March 2013 was $1.5173:£1 when 1,924 shares were issued; the rate at the end of January 2014 was $1.6487:£1 when 12,076 shares were issued; the rate at the end of May 2014 was $1.6760:£1 when 24,292 shares were issued; the rate at the end of August 2014 was $1.6580:£1 when 58,399 shares were issued; the rate at the end of February 2015 was $1.5436:£1 when 8,563 shares were issued; the rate at the end of March 2015 was $1.4847:£1 when 3,866 shares were issued; the rate at the end of June 2015 was $1.5715:£1 when 27,679 shares were issued; and the rate at the end of August 2018 when was $1.2843:£1 when 1,863,201 shares were issued.

Schedule of Treasury Shares

Treasury Shares

	In millions
	At January 1, 2018	$	(5.8	)
	Transfer of treasury shares into ESOP	1.4
	Utilization of treasury shares	0.1
	At December 31, 2018	(4.3		)
	Utilization of treasury shares	0.3
	At December 31, 2019	$	(4.0	)

Schedule of Own Share Held by ESOP

Own shares held by ESOP

	In millions
	At January 1, 2018	$	(1.0	)
	Issue of new shares	(1.3		)
	Shares sold from ESOP	0.4
	Transfer of treasury shares into ESOP	(1.4		)
	Utilization of ESOP shares	1.1
	At December 31, 2018	(2.2		)
	Shares sold from ESOP	0.2
	Utilization of ESOP shares	0.3
	At December 31, 2019	$	(1.7	)

The change in the number of shares held by the Trustees of the ESOP and the number of share options held over those shares are shown below:

		Number of shares held by ESOP Trustees
		£0.0001 deferred shares			£0.50 ordinary shares
	At January 1, 2019	15,977,968,688			1,621,301
	Shares utilized during the year	—			(253,881	)
	Shares sold from the ESOP during the year	—			(151,200	)
	At December 31, 2019	15,977,968,688			1,216,220

Schedule of Dividends Paid and Proposed

Dividends paid and proposed

	In millions	2019				2018				2017
	Dividends declared and paid during the year:
	Interim dividend paid February 1, 2017 ($0.125 per ordinary share)	—				—				3.3
	Interim dividend paid May 3, 2017 ($0.125 per ordinary share)	—				—				3.3
	Interim dividend paid August 2, 2017 ($0.125 per ordinary share)	—				—				3.3
	Interim dividend paid November 1, 2017 ($0.125 per ordinary share)	—				—				3.4
	Interim dividend paid February 7, 2018 ($0.125 per ordinary share)	—				3.4				—
	Interim dividend paid May 2, 2018 ($0.125 per ordinary share)	—				3.3				—
	Interim dividend paid August 1, 2018 ($0.125 per ordinary share)	—				3.3				—
	Interim dividend paid November 7, 2018 ($0.125 per ordinary share)	—				3.4				—
	Interim dividend paid February 6, 2019 ($0.125 per ordinary share)	3.4				—				—
	Interim dividend paid May 1, 2019 ($0.125 per ordinary share)	3.4				—				—
	Interim dividend paid August 7, 2018 ($0.125 per ordinary share)	3.4				—				—
	Interim dividend paid November 6, 2019 ($0.125 per ordinary share)	3.4				—				—
		$	13.6			$	13.4			$	13.3

	In millions	2019				2018				2017
	Dividends declared and paid after December 31 (not recognized as a liability at December 31):
	Interim dividend paid February 7, 2018: ($0.125 per ordinary share)	$	—			$	—			$	3.4
	Interim dividend paid February 6, 2019: ($0.125 per ordinary share)	—				3.4				—
	Interim dividend paid February 5, 2020: ($0.125 per ordinary share)	3.4				—				—
		$	3.4			$	3.4			$	3.4
	​	​				​				​

X

- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

+ References

No definition available.

+ Details

Name:	us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the details pertaining to each employee stock ownership plan.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=109244661&loc=d3e17540-113929

+ Details

Name:	us-gaap_ScheduleOfEmployeeStockOwnershipPlanESOPDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(28))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21553-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(d))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(27))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21484-112644

Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Name:	us-gaap_ScheduleOfStockByClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

+ Details

Name:	us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration