Shareholders' Equity - Changes in Shareholders' Equity (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||||
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Jun. 30, 2025 |
Mar. 31, 2025 |
Jun. 30, 2024 |
Mar. 31, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | $ 1,461.8 | $ 1,428.6 | $ 1,413.9 | $ 1,409.7 | $ 1,428.6 | $ 1,409.7 |
Net income | 26.4 | 24.5 | 26.7 | 12.5 | 50.9 | 39.2 |
Other comprehensive income (loss) | 10.4 | 13.5 | (8.1) | (3.5) | 23.9 | (11.6) |
Dividends | (6.5) | (6.6) | (6.3) | (6.3) | ||
Incentive plan activity | 4.0 | 1.8 | 4.2 | 1.5 | ||
Ending balance | $ 1,496.1 | $ 1,461.8 | 1,430.4 | 1,413.9 | 1,496.1 | 1,430.4 |
Redeemable Non-controlling Interests | ||||||
Beginning balance | 0.0 | 17.9 | 17.9 | |||
Acquisition of Alluxa non-controlling interests | (17.9) | |||||
Other comprehensive income (loss) | 0.0 | |||||
Ending Balance | $ 0.0 | $ 0.0 | 0.0 | |||
Cash dividends per share, declared (in dollars per share) | $ 0.31 | $ 0.31 | $ 0.30 | $ 0.30 | ||
Common Stock | ||||||
Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 |
Beginning balance (in shares) | 21.0 | 21.0 | 21.0 | 21.0 | 21.0 | 21.0 |
Ending balance | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 | $ 0.2 |
Ending balance (in shares) | 21.0 | 21.0 | 21.0 | 21.0 | 21.0 | 21.0 |
Additional Paid-in Capital | ||||||
Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | $ 321.2 | $ 319.4 | $ 306.4 | $ 304.9 | $ 319.4 | $ 304.9 |
Incentive plan activity | 4.0 | 1.8 | 4.2 | 1.5 | ||
Ending balance | 325.2 | 321.2 | 310.6 | 306.4 | 325.2 | 310.6 |
Retained Earnings | ||||||
Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | 1,193.5 | 1,175.6 | 1,134.2 | 1,128.0 | 1,175.6 | 1,128.0 |
Net income | 26.4 | 24.5 | 26.7 | 12.5 | ||
Dividends | (6.5) | (6.6) | (6.3) | (6.3) | ||
Ending balance | 1,213.4 | 1,193.5 | 1,154.6 | 1,134.2 | 1,213.4 | 1,154.6 |
Accumulated Other Comprehensive Income (loss) | ||||||
Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | (51.9) | (65.4) | (25.7) | (22.2) | (65.4) | (22.2) |
Other comprehensive income (loss) | 10.4 | 13.5 | (8.1) | (3.5) | ||
Ending balance | (41.5) | (51.9) | (33.8) | (25.7) | (41.5) | (33.8) |
Treasury Stock | ||||||
Increase (Decrease) in Stockholders' Equity | ||||||
Beginning balance | (1.2) | (1.2) | (1.2) | (1.2) | (1.2) | (1.2) |
Ending balance | $ (1.2) | $ (1.2) | $ (1.2) | $ (1.2) | $ (1.2) | $ (1.2) |
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- Definition Temporary Equity, Minority Interest Acquired No definition available.
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- Definition Temporary Equity, Other Comprehensive Income (Loss) No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Value, after forfeiture, of shares issued under share-based payment arrangement. Excludes employee stock ownership plan (ESOP). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Carrying amount, attributable to parent and noncontrolling interests, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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