Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Shareholders' Deficit

v3.24.0.1
Consolidated Statements of Changes in Shareholders' Deficit - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Shares [Member]
Treasury Stock [Member]
Paid-in Capital in Excess of par Value [Member]
Paid-in Capital in Excess of par Value [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Accumulated Other Comprehensive Loss [Member]
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Beginning balance at Dec. 31, 2020 $ (856.1)   $ 0.1 $ (328.9) $ 342.3   $ (182.2) $ (687.4)  
Issuance of common shares from exercise of stock options, SARs, restricted stock units, employee stock purchase plan, and other 4.2   0.0   4.2        
Additional capital from share-based compensation 54.1       54.1        
Repurchases of 21.0, 4.1 and 0.6 common shares in 2021, 2022 and 2023 respectively (1,011.3)   0.0   (82.5)     (928.8)  
Net income 447.2             447.2  
Foreign currency translation adjustment, net of income taxes (33.2)           (33.2)    
Unrealized gain (loss) on derivatives, net of income taxes of $(0.2) (2023), $-(2022), $-(2021) 3.6           3.6    
Ending balance at Dec. 31, 2021 (1,391.5)   0.1 (328.9) 318.1   (211.8) (1,169.0)  
Issuance of common shares from exercise of stock options, SARs, restricted stock units, employee stock purchase plan, and other 4.1   0.0   4.1        
Additional capital from share-based compensation 44.4       44.4        
Repurchases of 21.0, 4.1 and 0.6 common shares in 2021, 2022 and 2023 respectively (146.7)   0.0   (23.9)     (122.8)  
Retirement of treasury stock 0.0     328.9 (17.3)     (311.6)  
Net income 321.3             321.3  
Foreign currency translation adjustment, net of income taxes (36.6)           (36.6)    
Unrealized gain (loss) on derivatives, net of income taxes of $(0.2), $- and $- in 2023, 2022 and 2021 respectively             (1.8)    
Unrealized gain (loss) on derivatives, net of income taxes of $(0.2) (2023), $-(2022), $-(2021) (1.8)                
Ending balance at Dec. 31, 2022 (1,265.9)   0.1 0.0 188.7   (250.2) (1,204.5)  
Accumulated deficit (1,204.5) $ (59.1)       $ (136.7)     $ 77.6
Issuance of common shares from exercise of stock options, SARs, restricted stock units, employee stock purchase plan, and other 3.2   0.0   3.2        
Additional capital from share-based compensation 48.0       48.0        
Repurchases of 21.0, 4.1 and 0.6 common shares in 2021, 2022 and 2023 respectively (11.0)   0.0   (11.0)     0.0  
Net income 142.2             142.2  
Foreign currency translation adjustment, net of income taxes 17.6           17.6    
Unrealized gain (loss) on derivatives, net of income taxes of $(0.2) (2023), $-(2022), $-(2021) 0.6           0.6    
Other 5.0       5.0        
Ending balance at Dec. 31, 2023 (1,060.3)   $ 0.1 $ 0.0 $ 233.9   $ (232.0) $ (1,062.3)  
Accumulated deficit $ (1,062.3)