v3.25.4
Statements Of Consolidated Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Preferred Stock
Treasury Stock, Common
Additional Paid-in Capital
Retained Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interest in Consolidated Subsidiaries
Stock issuances:                
Treasury Stock, Common, Shares       3,963        
Beginning Balance at Dec. 31, 2022 $ 7,901.8 $ 4.2 $ 1,546.5 [1] $ (99.9) $ 7,375.3 $ (1,213.6) $ (37.1) $ 326.4
Comprehensive Income (Loss):                
Net Income 674.4         714.3   (39.9)
Other Comprehensive Income (Loss), Net of Tax 3.5         0.0 3.5  
Dividends:                
Common stock (414.1)         (414.1)    
Preferred stock 43.8         43.8    
Proceeds from (Payments to) Noncontrolling Interests 2,170.7       809.6     1,361.1
Treasury Stock, Value, Acquired, Cost Method 233.2             (233.2)
Contribution from noncontrolling interest (14.1)             (14.1)
Stock issuances:                
Employee stock purchase plan 5.9       5.9      
Long-term incentive plan 12.6       12.6      
401(k) and profit sharing 9.9       9.9      
Ending Balance at Dec. 31, 2023 10,136.3 4.5 486.1 [1] (99.9) 8,879.5 (967.0) (33.6) 1,866.7
Stock issuances:                
Common stock 0.0 $ (0.3) (666.5) [1] $ 0.0 (666.2) 0.0 0.0 0.0
Preferred stock redemption 393.9   $ 393.9          
Preferred stock redemption premium (6.2)         (9.8)    
Preferred Stock Redemption Premium $ (9.8)              
401(k) and profit sharing plan 366 366 0 0        
ATM Program 0 0 (863) 0        
Stock Issued/Redeemed During the Period, Shares, Equity Units 0 0 (400) 0        
Treasury Stock, Common, Shares       3,963        
Net Income $ 844.7         760.4    
Other Comprehensive Income (Loss), Net of Tax 3.2         0.0 3.2  
Common stock (483.0)         (483.0)    
Preferred stock 8.1         8.1    
Proceeds from (Payments to) Noncontrolling Interests 99.5              
Contribution from noncontrolling interest (99.5)             (99.5)
Distributions to Noncontrolling Interest Holders 66.4             66.4
Equity Units (486.1) $ 0.0 $ (486.1) [1]   0.0      
Employee stock purchase plan 6.4       6.4      
Long-term incentive plan 26.6       26.6      
401(k) and profit sharing 9.2       9.2      
ATM Program 600.0 0.2 0.0 [1] $ 0.0 599.8 0.0 0.0 0.0
Ending Balance at Dec. 31, 2024 10,668.3 $ 4.7 $ 0.0 [1] $ (99.9) 9,521.5 (711.7) (30.4) 1,984.1
Stock issuances:                
Preferred stock redemption premium (14.0)         (14.0)    
Preferred Stock Redemption Premium $ (14.0)              
401(k) and profit sharing plan 309 309 0 0        
ATM Program (21,144) (21,144) 0 0        
Stock Issued/Redeemed During the Period, Shares, Equity Units 0 0 (40) 0        
Treasury Stock, Common, Shares       3,963        
Net Income $ 1,012.6         929.5    
Other Comprehensive Income (Loss), Net of Tax 24.2         0.0 24.2 0.0
Common stock (533.0)         (533.0)    
Proceeds from (Payments to) Noncontrolling Interests 154.4              
Contribution from noncontrolling interest (231.4)         0.0   (231.4)
Distributions to Noncontrolling Interest Holders 88.8         0.0   88.8
Employee stock purchase plan 7.4       7.4      
Long-term incentive plan 30.2       30.2      
401(k) and profit sharing 9.4       9.4      
ATM Program 298.2 $ 0.1     298.1      
Ending Balance at Dec. 31, 2025 11,659.9 $ 4.8 $ 0.0 [1] $ (99.9) $ 9,866.6 $ (315.2) $ (6.2) $ 2,209.8
Stock issuances:                
Preferred stock redemption premium $ 0.0              
401(k) and profit sharing plan 231 231 0 0        
ATM Program (7,421) (7,421) 0 0        
Treasury Stock, Common, Shares       3,963        
[1] Series A, Series B and Series C shares had an aggregate liquidation preference of $400M, $500M and $863M, respectively.