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Stockholders' equity | 12 Months Ended
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Dec. 31, 2022
Equity [Abstract] |
Stockholders' equity | Stockholders’ equity The company has 150 million authorized shares of common stock, par value $.01 per share, and 40 million shares of authorized preferred stock, par value $1 per share, issuable in series. At December 31, 2022, 12.2 million shares of unissued common stock of the company were reserved principally for future issuance under stock-based incentive plans. Accumulated other comprehensive loss is as follows:
|  | Total |  | Translation Adjustments |  | Postretirement Plans
Balance at December 31, 2019 |  | $ | (4,088.6) |  |  | $ | (872.9) |  |  | $ | (3,215.7) |
Other comprehensive income before reclassifications |  | 489.4 |  |  | 78.6 |  |  | 410.8 |
Amounts reclassified from accumulated other comprehensive loss |  | (340.3) |  |  | (32.3) |  |  | (308.0) |
Current period other comprehensive income |  | 149.1 |  |  | 46.3 |  |  | 102.8 |
Balance at December 31, 2020 |  | (3,939.5) |  |  | (826.6) |  |  | (3,112.9) |
Other comprehensive income (loss) before reclassifications |  | 58.6 |  |  | (43.6) |  |  | 102.2 |
Amounts reclassified from accumulated other comprehensive loss |  | 616.8 |  |  | 4.0 |  |  | 612.8 |
Current period other comprehensive income (loss) |  | 675.4 |  |  | (39.6) |  |  | 715.0 |
Balance at December 31, 2021 |  | (3,264.1) |  |  | (866.2) |  |  | (2,397.9) |
Other comprehensive income (loss) before reclassifications |  | 38.0 |  |  | (114.1) |  |  | 152.1 |
Amounts reclassified from accumulated other comprehensive loss |  | 150.1 |  |  | 2.9 |  |  | 147.2 |
Current period other comprehensive income (loss) |  | 188.1 |  |  | (111.2) |  |  | 299.3 |
Balance at December 31, 2022 |  | $ | (3,076.0) |  |  | $ | (977.4) |  |  | $ | (2,098.6) |
Amounts reclassified out of accumulated other comprehensive loss are as follows:
Year ended December 31, |  | 2022 |  | 2021 |  | 2020
Translation Adjustments: |  |  |  |  |  |
Adjustment for substantial completion of liquidation of foreign subsidiaries(i) |  | $ | 2.9 |  |  | $ | 4.0 |  |  | $ | (32.3) |
Postretirement Plans: |  |  |  |  |  |
Amortization of prior service cost(ii) |  | (5.8) |  |  | (6.2) |  |  | 5.9 |
Amortization of actuarial losses(ii) |  | 159.0 |  |  | 178.9 |  |  | (177.3) |
Settlement losses(ii) |  | — |  |  | 499.4 |  |  | (142.1) |
Total before tax |  | 156.1 |  |  | 676.1 |  |  | (345.8) |
Income tax benefit |  | (6.0) |  |  | (59.3) |  |  | 5.5 |
Total reclassifications for the period |  | $ | 150.1 |  |  | $ | 616.8 |  |  | $ | (340.3) |
(i) Reported in other (expense), net in the consolidated statements of income (loss) (ii) Included in net periodic postretirement cost (see Note 18, “Employee plans”) The following table summarizes the changes in shares of common stock and treasury stock:
|  | Common Stock |  | Treasury Stock
Balance at December 31, 2019 |  | 65.9 |  |  | 3.5 |
Stock-based compensation |  | 0.9 |  |  | 0.3 |
Balance at December 31, 2020 |  | 66.8 |  |  | 3.8 |
Debt exchange |  | 4.6 |  |  | 1.2 |
Stock-based compensation |  | 1.1 |  |  | 0.3 |
Balance at December 31, 2021 |  | 72.5 |  |  | 5.3 |
Stock-based compensation |  | 0.8 |  |  | 0.2 |
Balance at December 31, 2022 |  | 73.3 |  |  | 5.5 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI https://asc.fasb.org/topic&trid=2208762 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 18 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 16 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (i) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008 + Details
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