Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 229

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 229
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, 2021, the Board authorized a new share repurchase program, under which the Company may repurchase up to $1,000.0 in shares of Common Stock (the “2021 Share Repurchase Program”).  The 2021 Share Repurchase Program does not have an expiration.  The 2021 Share Repurchase Program did not modify the Company’s evergreen share repurchase program, authorized by the Board on January 29, 2014, under which the Company may repurchase, from time to time, Common Stock to reduce or eliminate dilution associated with issuances of Common Stock under its incentive plans.In November 2023, the Company executed an agreement to purchase 3.3 million shares for $300.1, inclusive of fees, of which $229.3 was purchased under the evergreen share repurchase program and $70.8 was purchased under the 2021 Share Repurchase Program.

As a result of the Company’s stock repurchases, there remains $658.9 of share repurchase availability under the 2021 Share Repurchase Program as of December 31, 2024.  

14.Accumulated Other Comprehensive Income (Loss)Comprehensive income is defined as net income and other changes in stockholders’ equity from transactions and other events from sources other than stockholders.The components of changes in accumulated other comprehensive income (“AOCI”) are as follows:  

        Accumulated

        Foreign

        Defined

        Other

        Currency

        Benefit

        Derivative

        Comprehensive

        Adjustments

        Plans

        Agreements

        Income (Loss)

        Balance December 31, 2021
        $
        (30.2
        )
         
        $
        (0.6
        )
         
        $
        (37.4
        )
         
        $
        (68.2
        )

        Other comprehensive income before reclassifications
         
        (16.2
        )

        3.1

        72.6

        59.5

        Amounts reclassified to consolidated statement of   income(a)
         
        0.0

        0.0

        (2.5
        )

        (2.5
        )

        Tax benefit (expense)
         
        0.0

        (0.8
        )

        (17.3
        )

        (18.1
        )

        Other comprehensive income (loss)