v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock, Common
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2024 $ 1,544.0 $ 0.0 $ (2.0) $ 234.0 $ 1,536.0 $ (224.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (173.0)       (173.0)  
Issuance of common stock 2,498.0 0.0   2,498.0    
Issuance of treasury stock 0.0   2.0 (2.0)    
Common stock cash dividends (5.0)       (5.0)  
Foreign currency translation adjustments 154.0         154.0
Derivatives designated as hedges (20.0)         (20.0)
Pension and other postretirement liability adjustments, net of income taxes of $(38) 112.0         112.0
Stock-based compensation expense 5.0     5.0    
Taxes withheld on issuance of stock-based awards (8.0)     (8.0)    
Ending balance at Mar. 31, 2025 4,107.0 0.0 $ 0.0 2,727.0 1,358.0 22.0
Beginning Balance at Dec. 31, 2025 4,464.0 1.0   2,717.0 1,465.0 281.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 45.0       45.0  
Issuance of common stock 0.0 0.0   0.0    
Common stock cash dividends (5.0)       (5.0)  
Foreign currency translation adjustments (17.0)         (17.0)
Derivatives designated as hedges (2.0)         (2.0)
Pension and other postretirement liability adjustments, net of income taxes of $(38) 0.0          
Stock-based compensation expense 7.0     7.0    
Taxes withheld on issuance of stock-based awards (9.0)     (9.0)    
Ending balance at Mar. 31, 2026 $ 4,483.0 $ 1.0   $ 2,715.0 $ 1,505.0 $ 262.0