v3.24.1.1.u2
IMMATERIAL FINANCIAL RESTATEMENT AND RECLASSIFICATIONS TO PRIOR PERIOD FINANCIAL STATEMENTS - Changes in Equity (Details) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) 88.8 88.8            
Beginning balance $ 1,714.1 $ 1,747.8 $ 3,402.8 $ 3,340.0 $ 3,340.0 $ 3,340.0 $ 3,340.0 $ 3,261.4
Net income (loss) (101.0) (14.0) 30.8 12.5 43.3 29.3 (25.2) 186.2
Other comprehensive income (loss), net of tax (26.1) (54.4) 32.0 19.1 $ 51.1 (3.3) 59.3 (126.7)
Special payment to Former Parent     (1,595.0)       (1,595.0)  
Net transfers from Former Parent     (122.9) 31.2     (91.7) 19.1
Reclassification of Former Parent investment to additional paid-in capital     0.0       0.0  
Issuance of common stock     $ 0.1       0.1  
Stock compensation $ 15.1 11.1         $ 26.6  
Ending balance (in shares) 89.4   88.8   88.8   88.8  
Ending balance $ 1,591.9 $ 1,690.5 $ 1,747.8 $ 3,402.8 $ 1,747.8 $ 1,690.5 $ 1,714.1 $ 3,340.0
Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) 88.8 88.8 0.0 0.0 0.0 0.0 0.0 0.0
Beginning balance $ 0.1 $ 0.1 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0
Issuance of common stock (in shares) 0.6   88.8       88.8  
Issuance of common stock     $ 0.1       $ 0.1  
Ending balance (in shares) 89.4 88.8 88.8 0.0 88.8 88.8 88.8 0.0
Ending balance $ 0.1 $ 0.1 $ 0.1 $ 0.0 $ 0.1 $ 0.1 $ 0.1 $ 0.0
Additional Paid-in Capital                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance 1,998.0 1,971.4 0.0 0.0 0.0 0.0 0.0 0.0
Reclassification of Former Parent investment to additional paid-in capital     1,971.4       1,971.4  
Stock compensation 15.1 11.1         26.6  
Ending balance 2,002.9 1,982.5 1,971.4 0.0 1,971.4 1,982.5 1,998.0 0.0
Former Parent Investment                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance 0.0 0.0 3,658.5 3,614.8 3,614.8 3,614.8 3,614.8 3,409.5
Net income (loss)     30.8 12.5     43.3 186.2
Special payment to Former Parent     (1,595.0)       (1,595.0)  
Net transfers from Former Parent     (122.9) 31.2     (91.7) 19.1
Reclassification of Former Parent investment to additional paid-in capital     (1,971.4)       (1,971.4)  
Ending balance 0.0 0.0 0.0 3,658.5 0.0 0.0 0.0 3,614.8
Accumulated Deficit                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (68.5) 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net income (loss) (101.0) (14.0)         (68.5) 0.0
Ending balance (169.5) (14.0) 0.0 0.0 0.0 (14.0) (68.5) 0.0
Accumulated Other Comprehensive Loss                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (215.5) (223.7) (255.7) (274.8) (274.8) (274.8) (274.8) (148.1)
Other comprehensive income (loss), net of tax (26.1) (54.4) 32.0 19.1     59.3 (126.7)
Ending balance (241.6) (278.1) (223.7) (255.7) (223.7) (278.1) (215.5) (274.8)
As Previously Reported                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance $ 1,738.8 1,751.1 3,405.5 3,342.6 3,342.6 3,342.6 3,342.6 3,260.6
Net income (loss)   (13.1) 28.3 17.4 45.7 32.6 (3.4) 192.9
Other comprehensive income (loss), net of tax   (54.8) 31.6 18.9 50.5 (4.3) 57.6 (127.6)
Special payment to Former Parent     (1,595.0)       (1,595.0)  
Net transfers from Former Parent     (119.4) 26.6     (89.7) 16.7
Reclassification of Former Parent investment to additional paid-in capital     0.0       0.0  
Issuance of common stock     0.1       0.1  
Stock compensation   11.1         26.6  
Ending balance   $ 1,694.3 $ 1,751.1 $ 3,405.5 $ 1,751.1 $ 1,694.3 $ 1,738.8 $ 3,342.6
As Previously Reported | Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) 88.8 88.8 0.0 0.0 0.0 0.0 0.0 0.0
Beginning balance $ 0.1 $ 0.1 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0
Issuance of common stock (in shares)     88.8       88.8  
Issuance of common stock     $ 0.1       $ 0.1  
Ending balance (in shares)   88.8 88.8 0.0 88.8 88.8 88.8 0.0
Ending balance   $ 0.1 $ 0.1 $ 0.0 $ 0.1 $ 0.1 $ 0.1 $ 0.0
As Previously Reported | Additional Paid-in Capital                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance 2,006.2 1,976.5 0.0 0.0 0.0 0.0 0.0 0.0
Reclassification of Former Parent investment to additional paid-in capital     1,976.5       1,979.6  
Stock compensation   11.1         26.6  
Ending balance   1,987.6 1,976.5 0.0 1,976.5 1,987.6 2,006.2 0.0
As Previously Reported | Former Parent Investment                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance 0.0 0.0 3,662.6 3,618.6 3,618.6 3,618.6 3,618.6 3,409.0
Net income (loss)     28.3 17.4     45.7 192.9
Special payment to Former Parent     (1,595.0)       (1,595.0)  
Net transfers from Former Parent     (119.4) 26.6     (89.7) 16.7
Reclassification of Former Parent investment to additional paid-in capital     (1,976.5)       (1,979.6)  
Ending balance   0.0 0.0 3,662.6 0.0 0.0 0.0 3,618.6
As Previously Reported | Accumulated Deficit                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (49.1) 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net income (loss)   (13.1)         (49.1) 0.0
Ending balance   (13.1) 0.0 0.0 0.0 (13.1) (49.1) 0.0
As Previously Reported | Accumulated Other Comprehensive Loss                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (218.4) (225.5) (257.1) (276.0) (276.0) (276.0) (276.0) (148.4)
Other comprehensive income (loss), net of tax   (54.8) 31.6 18.9     57.6 (127.6)
Ending balance   (280.3) (225.5) (257.1) (225.5) (280.3) (218.4) (276.0)
Adjustments                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance $ (24.7) (3.3) (2.7) (2.6) (2.6) (2.6) (2.6) 0.8
Net income (loss)   (0.9) 2.5 (4.9) (2.4) (3.3) (21.8) (6.7)
Other comprehensive income (loss), net of tax   0.4 0.4 0.2 0.6 1.0 1.7 0.9
Net transfers from Former Parent     (3.5) 4.6     (2.0) 2.4
Reclassification of Former Parent investment to additional paid-in capital     0.0       0.0  
Ending balance   $ (3.8) $ (3.3) $ (2.7) $ (3.3) $ (3.8) $ (24.7) $ (2.6)
Adjustments | Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Beginning balance $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0
Ending balance (in shares)   0.0 0.0 0.0 0.0 0.0 0.0 0.0
Ending balance   $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0 $ 0.0
Adjustments | Additional Paid-in Capital                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (8.2) (5.1) 0.0 0.0 0.0 0.0 0.0 0.0
Reclassification of Former Parent investment to additional paid-in capital     (5.1)       (8.2)  
Ending balance   (5.1) (5.1) 0.0 (5.1) (5.1) (8.2) 0.0
Adjustments | Former Parent Investment                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance 0.0 0.0 (4.1) (3.8) (3.8) (3.8) (3.8) 0.5
Net income (loss)     2.5 (4.9)     (2.4) (6.7)
Net transfers from Former Parent     (3.5) 4.6     (2.0) 2.4
Reclassification of Former Parent investment to additional paid-in capital     5.1       8.2  
Ending balance   0.0 0.0 (4.1) 0.0 0.0 0.0 (3.8)
Adjustments | Accumulated Deficit                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (19.4) 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net income (loss)   (0.9)         (19.4) 0.0
Ending balance   (0.9) 0.0 0.0 0.0 (0.9) (19.4) 0.0
Adjustments | Accumulated Other Comprehensive Loss                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance $ 2.9 1.8 1.4 1.2 1.2 1.2 1.2 0.3
Other comprehensive income (loss), net of tax   0.4 0.4 0.2     1.7 0.9
Ending balance   $ 2.2 $ 1.8 $ 1.4 $ 1.8 $ 2.2 $ 2.9 $ 1.2