v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Non-controlling Interests
Beginning balance at Dec. 31, 2023 $ 2,939.0 $ 0.4 $ 0.0 $ 1,872.5 $ (19.3) $ 922.1 $ 10.8 $ 152.5
Beginning balance (shares) at Dec. 31, 2023   42,750,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2023     400,000          
Increase (Decrease) in Stockholders' Equity                
Net income 14.6         11.3   3.3
Other comprehensive income (loss) (55.7)           (55.7)  
Share-based compensation expense 6.0     6.0        
Common stock issued from share-based compensation plans (shares)   70,000.00            
Common stock issued from share-based compensation plans 0.3     0.3        
Common stock repurchases from share-based compensation plans (shares)   (20,000.00)            
Common stock repurchases from share-based compensation plans (3.0)     (3.0)        
Preferred stock dividend (6.8)         (6.8)    
Other (0.1)         (0.1)    
Ending balance at Mar. 31, 2024 2,894.3 $ 0.4 $ 0.0 1,875.8 (19.3) 926.5 (44.9) 155.8
Ending balance (shares) at Mar. 31, 2024   42,800,000            
Preferred stock, ending balance (shares) at Mar. 31, 2024     400,000          
Beginning balance at Dec. 31, 2023 2,939.0 $ 0.4 $ 0.0 1,872.5 (19.3) 922.1 10.8 152.5
Beginning balance (shares) at Dec. 31, 2023   42,750,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2023     400,000          
Increase (Decrease) in Stockholders' Equity                
Net income 77.5              
Other comprehensive income (loss) (100.9)              
Ending balance at Jun. 30, 2024 2,909.1 $ 0.4 $ 0.0 1,879.7 (19.3) 978.3 (90.0) 160.0
Ending balance (shares) at Jun. 30, 2024   42,800,000            
Preferred stock, ending balance (shares) at Jun. 30, 2024     400,000          
Beginning balance at Mar. 31, 2024 2,894.3 $ 0.4 $ 0.0 1,875.8 (19.3) 926.5 (44.9) 155.8
Beginning balance (shares) at Mar. 31, 2024   42,800,000            
Preferred stock, beginning balance (shares) at Mar. 31, 2024     400,000          
Increase (Decrease) in Stockholders' Equity                
Net income 62.9         58.6   4.3
Other comprehensive income (loss) (45.2)           (45.1) (0.1)
Share-based compensation expense 4.1     4.1        
Common stock issued from share-based compensation plans 0.1     0.1        
Common stock repurchases from share-based compensation plans (0.2)     (0.2)        
Preferred stock dividend (6.8)         (6.8)    
Other (0.1)     (0.1)   0.0    
Ending balance at Jun. 30, 2024 2,909.1 $ 0.4 $ 0.0 1,879.7 (19.3) 978.3 (90.0) 160.0
Ending balance (shares) at Jun. 30, 2024   42,800,000            
Preferred stock, ending balance (shares) at Jun. 30, 2024     400,000          
Beginning balance at Dec. 31, 2024 $ 2,995.2 $ 0.5 $ 0.0 1,889.3 (19.3) 1,113.4 (155.1) 166.4
Beginning balance (shares) at Dec. 31, 2024   45,660,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2024 402,500   400,000          
Increase (Decrease) in Stockholders' Equity                
Net income $ 52.3         49.5   2.8
Other comprehensive income (loss) 128.4           122.8 5.6
Share-based compensation expense 6.2     6.2        
Common stock issued from share-based compensation plans (shares)   60,000.00            
Common stock issued from share-based compensation plans 0.3     0.3        
Common stock repurchases from share-based compensation plans (shares)   (20,000.00)            
Common stock repurchases from share-based compensation plans (3.9)     (3.9)        
Preferred stock dividend (6.8)         (6.8)    
Dividend distribution to noncontrolling interest (5.0)             (5.0)
Other (0.1)             (0.1)
Ending balance at Mar. 31, 2025 3,166.6 $ 0.5 $ 0.0 1,891.9 (19.3) 1,156.1 (32.3) 169.7
Ending balance (shares) at Mar. 31, 2025   45,700,000            
Preferred stock, ending balance (shares) at Mar. 31, 2025     400,000          
Beginning balance at Dec. 31, 2024 $ 2,995.2 $ 0.5 $ 0.0 1,889.3 (19.3) 1,113.4 (155.1) 166.4
Beginning balance (shares) at Dec. 31, 2024   45,660,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2024 402,500   400,000          
Increase (Decrease) in Stockholders' Equity                
Net income $ 132.2              
Other comprehensive income (loss) 399.7              
Ending balance at Jun. 30, 2025 $ 3,513.9 $ 0.5 $ 0.0 1,896.1 (19.3) 1,225.3 249.6 161.7
Ending balance (shares) at Jun. 30, 2025   45,700,000            
Preferred stock, ending balance (shares) at Jun. 30, 2025 402,500   400,000          
Beginning balance at Mar. 31, 2025 $ 3,166.6 $ 0.5 $ 0.0 1,891.9 (19.3) 1,156.1 (32.3) 169.7
Beginning balance (shares) at Mar. 31, 2025   45,700,000            
Preferred stock, beginning balance (shares) at Mar. 31, 2025     400,000          
Increase (Decrease) in Stockholders' Equity                
Net income 79.9         76.1   3.8
Other comprehensive income (loss) 271.3           281.9 (10.6)
Share-based compensation expense 4.3     4.3        
Common stock issued from share-based compensation plans (shares)   10,000.00            
Common stock issued from share-based compensation plans 0.2     0.2        
Common stock repurchases from share-based compensation plans (shares)   (10,000.00)            
Common stock repurchases from share-based compensation plans (0.3)     (0.3)        
Preferred stock dividend (6.8)         (6.8)    
Dividend distribution to noncontrolling interest (1.2)             (1.2)
Other (0.1)         (0.1)    
Ending balance at Jun. 30, 2025 $ 3,513.9 $ 0.5 $ 0.0 $ 1,896.1 $ (19.3) $ 1,225.3 $ 249.6 $ 161.7
Ending balance (shares) at Jun. 30, 2025   45,700,000            
Preferred stock, ending balance (shares) at Jun. 30, 2025 402,500   400,000