v3.25.2
Condensed Consolidated Statements of Stockholders' Deficit (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Treasury stock, at cost [Member]
Beginning balance, Shares at Dec. 31, 2023   212,108,634        
Issuance of shares under equity-based compensation plans, shares   4,951,881        
Shares surrendered under equity-based compensation plans   (1,209,092)        
Ending balance, Shares at Jun. 30, 2024   215,851,423        
Beginning balance at Dec. 31, 2023   $ 2.3 $ 2,550.4 $ (5,009.0) $ (266.7) $ (301.7)
Issuance of shares under equity-based compensation plans   0.0        
Equity-based compensation     12.8      
Dividends on Series A convertible preferred stock     (32.2)      
Net Income (Loss) $ (289.3)     (289.3)    
Other comprehensive income (loss), net of tax (14.0)       (14.0)  
Net shares surrendered under equity-based compensation plans           (1.8)
Ending balance at Jun. 30, 2024 (3,349.2) $ 2.3 2,531.0 (5,298.3) (280.7) (303.5)
Beginning balance, Shares at Mar. 31, 2024   212,264,754        
Issuance of shares under equity-based compensation plans, shares   4,720,047        
Shares surrendered under equity-based compensation plans   (1,133,378)        
Ending balance, Shares at Jun. 30, 2024   215,851,423        
Beginning balance at Mar. 31, 2024   $ 2.3 2,545.6 (5,342.7) (265.3) (301.9)
Issuance of shares under equity-based compensation plans   0.0 0.0      
Equity-based compensation     1.6      
Dividends on Series A convertible preferred stock     (16.2)      
Net Income (Loss) 44.4     44.4    
Other comprehensive income (loss), net of tax (15.4)       (15.4)  
Net shares surrendered under equity-based compensation plans           (1.6)
Ending balance at Jun. 30, 2024 $ (3,349.2) $ 2.3 2,531.0 (5,298.3) (280.7) (303.5)
Beginning balance, Shares at Dec. 31, 2024 215,887,001 215,887,001        
Issuance of shares under equity-based compensation plans, shares   7,422,270        
Shares surrendered under equity-based compensation plans   (1,858,264)        
Ending balance, Shares at Jun. 30, 2025 221,451,007 221,451,007        
Beginning balance at Dec. 31, 2024 $ (3,456.1) $ 2.3 2,514.2 (5,324.5) (344.5) (303.6)
Issuance of shares under equity-based compensation plans   0.1 (0.1)      
Equity-based compensation     16.6      
Dividends on Series A convertible preferred stock     (34.0)      
Net Income (Loss) 815.8     815.8    
Other comprehensive income (loss), net of tax 228.0       228.0  
Net shares surrendered under equity-based compensation plans           (10.9)
Ending balance at Jun. 30, 2025 $ (2,440.6) $ 2.4 2,496.7 (4,508.7) (116.5) (314.5)
Beginning balance, Shares at Mar. 31, 2025   216,581,612        
Issuance of shares under equity-based compensation plans, shares   6,428,092        
Shares surrendered under equity-based compensation plans   (1,558,697)        
Ending balance, Shares at Jun. 30, 2025 221,451,007 221,451,007        
Beginning balance at Mar. 31, 2025   $ 2.2 2,504.8 (4,540.5) (209.6) (305.1)
Issuance of shares under equity-based compensation plans   0.2 (0.1)      
Equity-based compensation     9.1      
Dividends on Series A convertible preferred stock     (17.1)      
Net Income (Loss) $ 31.8     31.8    
Other comprehensive income (loss), net of tax 93.1       93.1  
Net shares surrendered under equity-based compensation plans           (9.4)
Ending balance at Jun. 30, 2025 $ (2,440.6) $ 2.4 $ 2,496.7 $ (4,508.7) $ (116.5) $ (314.5)