v3.26.1
(Loss) Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted The following sets forth the computation of basic and diluted (loss) earnings per share under the two-class method:
 Three Months Ended
March 31,
(Millions, except per share data) 20262025
Basic (loss) earnings per share: 
Numerator: 
Net (loss) income attributable to shareholders $(70.3)$12.2 
Less: Income allocated to participating securities — (0.3)
Less: Dividends declared on Preferred Stock (15.5)— 
Net (loss) income attributable to common shares $(85.8)$11.9 
Denominator: 
Weighted-average common shares outstanding 234.6 143.5 
Weighted-average Warrants outstanding17.5 — 
Total basic weighted-average common shares outstanding252.1 143.5 
Basic (loss) earnings per common share ($0.34)$0.08 

  Three Months Ended
March 31,
(Millions, except per share data) 20262025
Diluted (loss) earnings per share: 
Numerator: 
Net (loss) income attributable to common shares $(85.8)$11.9 
Add: Dividends declared on Preferred Stock — — 
Add: Impact on if-converted dilutive securities — — 
Net (loss) income attributable to common shares $(85.8)$11.9 
Denominator: 
Basic weighted-average common shares outstanding 252.1 143.5 
Add: Effect of dilutive non-participating securities — — 
Add: Impact on if-converted dilutive securities — — 
Total diluted weighted-average common shares outstanding 252.1 143.5 
Dilutive (loss) earnings per common share ($0.34)$0.08