v3.25.2
Statements of Consolidated Equity - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Treasury Stock, Common
Additional Paid-in Capital
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Forward March 03
Beginning balance at Dec. 31, 2023 $ 10,136.3 $ 4.5 $ 486.1 $ (99.9) $ 8,879.5 $ (967.0) $ (33.6) $ 1,866.7  
Comprehensive Income:                  
Net Income 503.4         450.8      
Net current-period other comprehensive income (loss) 0.0                
Dividends:                  
Common stock (357.9)         (357.9)      
Preferred stock (8.1)         (8.1)      
Contributions from noncontrolling interests (59.7)             (59.7)  
Distributions to noncontrolling interests (28.4)     0.0       (28.4)  
Stock Issuances:                  
Equity Units (486.1)   (486.1)            
Employee stock purchase plan 3.0       3.0        
Long-term incentive plan 6.9       (6.9)        
401(k) and profit sharing 4.8       4.8        
Ending balance at Jun. 30, 2024 9,819.6 4.5 0.0 (99.9) 8,894.2 (896.2) (33.6) 1,950.6  
Stock Issuances:                  
Series B and B-1 Preferred stock redemption premium (14.0)         (14.0)      
Net income (loss) attributable to noncontrolling interest 52.6             52.6  
Beginning balance at Mar. 31, 2024 9,794.9 4.5 0.0 (99.9) 8,886.8 (861.7) (33.8) 1,899.0  
Comprehensive Income:                  
Net Income 103.1         85.8      
Net current-period other comprehensive income (loss) 0.2                
Other comprehensive income (loss), net of tax 0.2           0.2    
Dividends:                  
Common stock (120.3)         (120.3)      
Contributions from noncontrolling interests (59.7)             (59.7)  
Distributions to noncontrolling interests (25.4)             (25.4)  
Stock Issuances:                  
Employee stock purchase plan 1.6       1.6        
Long-term incentive plan 3.6                
401(k) and profit sharing 2.2       2.2        
Ending balance at Jun. 30, 2024 9,819.6 4.5 0.0 (99.9) 8,894.2 (896.2) (33.6) 1,950.6  
Stock Issuances:                  
Net income (loss) attributable to noncontrolling interest 17.3             17.3  
Long-term incentive plan         3.6        
Beginning balance at Dec. 31, 2024 10,668.3 4.7 0.0 (99.9) 9,521.5 (711.7) (30.4) 1,984.1  
Comprehensive Income:                  
Net Income 627.2         577.0      
Net current-period other comprehensive income (loss) 2.2           2.2    
Other comprehensive income (loss), net of tax 2.2                
Dividends:                  
Common stock (397.4)         (397.4)      
Contributions from noncontrolling interests (134.3)             (134.3)  
Distributions to noncontrolling interests (54.2)             (54.2)  
Stock Issuances:                  
Employee stock purchase plan 3.6       3.6        
Long-term incentive plan 8.1       8.1        
401(k) and profit sharing 4.8       4.8        
Ending balance at Jun. 30, 2025 10,996.9 4.7 0.0 (99.9) 9,538.0 (532.1) (28.2) 2,114.4  
Stock Issuances:                  
Net income (loss) attributable to noncontrolling interest 50.2             50.2  
Beginning balance at Mar. 31, 2025 10,946.0 4.7 0.0 (99.9) 9,522.6 (501.4) (29.2) 2,049.2  
Comprehensive Income:                  
Net Income 100.5         102.2      
Net current-period other comprehensive income (loss) 1.0           1.0    
Other comprehensive income (loss), net of tax 1.0                
Dividends:                  
Common stock (132.9)         (132.9)      
Contributions from noncontrolling interests (99.5)             (99.5)  
Distributions to noncontrolling interests (32.6)             (32.6)  
Stock Issuances:                  
Employee stock purchase plan 1.9       1.9        
Long-term incentive plan 11.4       11.4        
401(k) and profit sharing 2.1       2.1        
Ending balance at Jun. 30, 2025 10,996.9 $ 4.7 $ 0.0 $ (99.9) $ 9,538.0 $ (532.1) $ (28.2) 2,114.4  
Stock Issuances:                  
Net income (loss) attributable to noncontrolling interest $ (1.7)             $ (1.7)  
Common Stock Aggregate Sale Price                 $ 69.8