v3.25.4
Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2022   66,140,396          
Beginning balance (in shares) at Dec. 31, 2022     36,726        
Beginning balance at Dec. 31, 2022 $ 3,089.9 $ 66.1 $ (2.4) $ 1,882.7 $ 1,064.1 $ (15.6) $ 95.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 276.0       262.2   13.8
Other comprehensive income, net of tax 0.8         0.8  
Dividends on common stock (168.1)       (168.1)    
Share-based compensation (in shares)   93,257 31,347        
Share-based compensation 7.2 $ 0.1 $ (1.7) 8.8      
Issuance of common stock (in shares)   2,031,389          
Issuance of common stock 120.0 $ 2.1   117.9      
Issuance costs (1.7)     (1.7)      
Distributions to non-controlling interest (18.3)           (18.3)
Ending balance (in shares) at Dec. 31, 2023   68,265,042          
Ending balance (in shares) at Dec. 31, 2023     68,073        
Ending balance at Dec. 31, 2023 3,305.8 $ 68.3 $ (4.1) 2,007.7 1,158.2 (14.8) 90.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 283.7       273.1   10.6
Other comprehensive income, net of tax 5.4         5.4  
Dividends on common stock (182.3)       (182.3)    
Share-based compensation (in shares)   113,824 (11,465)        
Share-based compensation 8.6 $ 0.1 $ 0.8 7.6 0.1    
Issuance of common stock (in shares)   3,297,890          
Issuance of common stock 183.4 $ 3.3   180.1      
Issuance costs (2.0)     (2.0)      
Distributions to non-controlling interest $ (17.4)           (17.4)
Ending balance (in shares) at Dec. 31, 2024   71,676,756          
Ending balance (in shares) at Dec. 31, 2024 56,608   56,608        
Ending balance at Dec. 31, 2024 $ 3,585.2 $ 71.7 $ (3.3) 2,193.4 1,249.1 (9.4) 83.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 299.8       291.6   8.2
Other comprehensive income, net of tax (0.3)         (0.3)  
Dividends on common stock (197.9)       (197.9)    
Share-based compensation (in shares)   123,173 (13,441)        
Share-based compensation 9.5 $ 0.1 $ 0.7 8.6 0.1    
Issuance of common stock (in shares)   3,720,305          
Issuance of common stock 221.6 $ 3.7   217.9      
Issuance costs (2.4)     (2.4)      
Distributions to non-controlling interest $ (9.8)           (9.8)
Ending balance (in shares) at Dec. 31, 2025 75,500,000 75,520,234          
Ending balance (in shares) at Dec. 31, 2025 43,167   43,167        
Ending balance at Dec. 31, 2025 $ 3,905.7 $ 75.5 $ (2.6) $ 2,417.5 $ 1,342.9 $ (9.7) $ 82.1