v3.25.2
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Distributions in Excess of Earnings
Noncontrolling Interests
Balance at beginning of period, common stock (in shares) at Dec. 31, 2023   477,300          
Balance at beginning of period at Dec. 31, 2023 $ 10,865.4 $ 4.8 $ (1,301.2) $ 14,872.9 $ (5,739.5) $ (3,638.8) $ 6,667.2
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2023     (11,004)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation related activity (in shares)   729          
Stock-based compensation related activity 73.4 $ 0.0   73.4      
Issuance of common stock-stock purchase plan (in shares)   52          
Issuance of common stock- stock purchase plan 8.7 $ 0.0   8.7      
Foreign currency translation adjustment, net of tax (842.0)       (722.3)   (119.7)
Contributions from noncontrolling interest holders 152.4           152.4
Distributions to noncontrolling interest holders (144.8)           (144.8)
Common stock distributions declared (1,519.7)         (1,519.7)  
Net income 1,830.1         1,817.7 12.4
Balance at end of period, common stock (in shares) at Jun. 30, 2024   478,081          
Balance at end of period at Jun. 30, 2024 10,423.5 $ 4.8 $ (1,301.2) 14,955.0 (6,461.8) (3,340.8) 6,567.5
Balance at end of period, treasury stock (in shares) at Jun. 30, 2024     (11,004)        
Balance at beginning of period, common stock (in shares) at Mar. 31, 2024   477,968          
Balance at beginning of period at Mar. 31, 2024 10,661.7 $ 4.8 $ (1,301.2) 14,903.4 (6,078.0) (3,481.2) 6,613.9
Balance at beginning of period, treasury stock (in shares) at Mar. 31, 2024     (11,004)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation related activity (in shares)   61          
Stock-based compensation related activity 42.9 $ 0.0   42.9      
Issuance of common stock-stock purchase plan (in shares)   52          
Issuance of common stock- stock purchase plan 8.7 $ 0.0   8.7      
Foreign currency translation adjustment, net of tax (410.8)       (383.8)   (27.0)
Contributions from noncontrolling interest holders 13.5           13.5
Distributions to noncontrolling interest holders (41.0)           (41.0)
Common stock distributions declared (759.9)         (759.9)  
Net income 908.4         900.3 8.1
Balance at end of period, common stock (in shares) at Jun. 30, 2024   478,081          
Balance at end of period at Jun. 30, 2024 $ 10,423.5 $ 4.8 $ (1,301.2) 14,955.0 (6,461.8) (3,340.8) 6,567.5
Balance at end of period, treasury stock (in shares) at Jun. 30, 2024     (11,004)        
Balance at beginning of period, common stock (in shares) at Dec. 31, 2024 467,384 478,388          
Balance at beginning of period at Dec. 31, 2024 $ 9,648.7 $ 4.8 $ (1,301.2) 15,057.3 (5,954.6) (4,424.1) 6,266.5
Balance at beginning of period, treasury stock (in shares) at Dec. 31, 2024 (11,004)   (11,004)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation related activity (in shares)   794          
Stock-based compensation related activity $ 67.9 $ 0.0   67.9      
Issuance of common stock-stock purchase plan (in shares)   46          
Issuance of common stock- stock purchase plan 8.1 $ 0.0   8.1      
Foreign currency translation adjustment, net of tax 1,471.4       994.9   476.5
Contributions from noncontrolling interest holders 111.3           111.3
Distributions to noncontrolling interest holders (111.8)           (111.8)
Common stock distributions declared (1,595.8)         (1,595.8)  
Net income $ 879.1         855.5 23.6
Balance at end of period, common stock (in shares) at Jun. 30, 2025 468,224 479,228          
Balance at end of period at Jun. 30, 2025 $ 10,478.9 $ 4.8 $ (1,301.2) 15,133.3 (4,959.7) (5,164.4) 6,766.1
Balance at end of period, treasury stock (in shares) at Jun. 30, 2025 (11,004)   (11,004)        
Balance at beginning of period, common stock (in shares) at Mar. 31, 2025   479,131          
Balance at beginning of period at Mar. 31, 2025 $ 9,936.3 $ 4.8 $ (1,301.2) 15,077.7 (5,514.0) (4,732.5) 6,401.5
Balance at beginning of period, treasury stock (in shares) at Mar. 31, 2025     (11,004)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation related activity (in shares)   51          
Stock-based compensation related activity 47.5 $ 0.0   47.5      
Issuance of common stock-stock purchase plan (in shares)   46          
Issuance of common stock- stock purchase plan 8.1 $ 0.0   8.1      
Foreign currency translation adjustment, net of tax 877.8       554.3   323.5
Contributions from noncontrolling interest holders 110.5           110.5
Distributions to noncontrolling interest holders (83.1)           (83.1)
Common stock distributions declared (798.7)         (798.7)  
Net income $ 380.5         366.8 13.7
Balance at end of period, common stock (in shares) at Jun. 30, 2025 468,224 479,228          
Balance at end of period at Jun. 30, 2025 $ 10,478.9 $ 4.8 $ (1,301.2) $ 15,133.3 $ (4,959.7) $ (5,164.4) $ 6,766.1
Balance at end of period, treasury stock (in shares) at Jun. 30, 2025 (11,004)   (11,004)