v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Common stock
Common Class A
Common stock
Common Class B
Common stock
Exchangeable Class A
Common stock
Exchangeable Class B
Paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Common stock held in treasury Class B
Noncontrolling interest
[1]
Beginning balance at Dec. 31, 2023 $ 13,407.2 $ 0.0 $ 2.1 $ 100.8 $ 352.3 $ 7,108.4 $ 7,484.3 $ (1,116.3) $ (735.6) $ 211.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan (14.3)         (14.3)        
Amortization of share-based compensation 12.8         12.8        
Net income (loss) including noncontrolling interests 210.5           207.8     2.7
Other comprehensive income (loss), net of tax (76.6)             (76.3)   (0.3)
Share repurchase program (111.2)               (111.2)  
Distributions and dividends to noncontrolling interests (2.8)                 (2.8)
Dividends declared (94.7)           (94.7)      
Ending balance at Mar. 31, 2024 13,330.9 0.0 2.1 100.8 352.3 7,106.9 7,597.4 (1,192.6) (846.8) 210.8
Beginning balance at Dec. 31, 2024 13,284.2 0.0 2.1 100.8 271.1 7,223.6 8,238.0 (1,362.4) (1,380.8) 191.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares 0.0       (3.6) 3.6        
Shares issued under equity compensation plan (16.0)   0.1     (16.1)        
Amortization of share-based compensation 11.9         11.9        
Purchase of noncontrolling interest (0.2)         (0.1)       (0.1)
Net income (loss) including noncontrolling interests 126.8           121.0     5.8
Other comprehensive income (loss), net of tax 37.3                  
Other comprehensive income (loss), net of tax 37.2             37.0   0.2
Share repurchase program (59.9)               (59.9)  
Distributions and dividends to noncontrolling interests (2.0)                 (2.0)
Dividends declared (96.0)           (96.0)      
Ending balance at Mar. 31, 2025 $ 13,286.0 $ 0.0 $ 2.2 $ 100.8 $ 267.5 $ 7,222.9 $ 8,263.0 $ (1,325.4) $ (1,440.7) $ 195.7
[1] All activity included in the noncontrolling interests column of the unaudited condensed consolidated statements of stockholder's equity and noncontrolling interests excludes activity from our redeemable noncontrolling interests.