v3.26.1
Shareholders’ Equity
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Shareholders' Equity Shareholders Equity
The following table presents the changes in shareholders’ equity for the six months ended June 30, 2026:
Common Shares IssuedCommon StockCapital in Excess of Par ValueNumber of Treasury SharesTreasury StockRetained earningsAccumulated other comprehensive lossTotal
(in millions)
Balance, December 31, 202575.3 $18.8 $— 3.3 $(1,112.2)$4,374.9 $(105.5)$3,176.0 
Net income— — — — — 138.8 — 138.8 
Activity related to stock-based compensation— — — (0.1)30.7 (21.9)— 8.8 
Shares purchased under share repurchase program— — — 1.2 (297.6)— — (297.6)
Dividends declared ($0.22 per share)
— — — — — (15.9)— (15.9)
Other comprehensive loss, net of tax— — — — — — (19.7)(19.7)
Balance, March 31, 202675.3 $18.8 $— 4.4 $(1,379.1)$4,475.9 $(125.2)$2,990.4 
Net income— — — — — 154.0 — 154.0 
Activity related to stock-based compensation— — — (0.1)23.5 (5.8)— 17.7 
Shares purchased under share repurchase program— — — 0.6 (156.7)— — (156.7)
Other comprehensive loss, net of tax— — — — — — (15.2)(15.2)
Balance, June 30, 202675.3 $18.8 $— 4.9 $(1,512.3)$4,624.1 $(140.4)$2,990.2 
The following table presents the changes in shareholders’ equity for the six months ended June 30, 2025:
Common Shares IssuedCommon StockCapital in Excess of Par ValueNumber of Treasury SharesTreasury StockRetained earningsAccumulated other comprehensive lossTotal
(in millions)
Balance, December 31, 202475.3 $18.8 $22.1 3.0 $(1,057.1)$3,956.6 $(258.1)$2,682.3 
Net income— — — — — 89.8 — 89.8 
Activity related to stock-based compensation— — (20.3)(0.1)27.4 — — 7.1 
Shares purchased under share repurchase program— — — 0.6 (133.5)— — (133.5)
Dividends declared ($0.21 per share)
— — — — — (15.2)— (15.2)
Other comprehensive income, net of tax— — — — — — 52.6 52.6 
Balance, March 31, 202575.3 $18.8 $1.8 3.5 $(1,163.2)$4,031.2 $(205.5)$2,683.1 
Net income— — — — — 131.8 — 131.8 
Activity related to stock-based compensation— — (1.8)(0.1)23.5 (8.8)— 12.9 
Shares purchased under share repurchase program— — — — (0.5)— — (0.5)
Dividends declared ($0.21 per share)
— — — — — (15.0)— (15.0)
Other comprehensive income, net of tax— — — — — — 116.8 116.8 
Balance, June 30, 202575.3 $18.8 $— 3.4 $(1,140.2)$4,139.2 $(88.7)$2,929.1