v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Shareholders’ Equity
Common Stock Shares
Common Stock and Additional Paid-In Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2024     90,100,000          
Beginning balance at Dec. 31, 2024 $ 3,794.1 $ 3,794.7   $ 865.7 $ (1,170.3) $ (130.9) $ 4,230.2 $ (0.6)
Beginning balance (in shares) at Dec. 31, 2024         14,200,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 226.5 227.1         227.1 (0.6)
Other comprehensive income (loss) , net of tax 179.1 179.1       179.1    
Net issuance of shares of treasury stock (net of tax withholdings) (in shares)         0      
Net issuance of shares of treasury stock (net of tax withholdings) $ (0.2) (0.2)     $ (0.2)      
Repurchases of common stock (including excise tax) (in shares) 500,000       500,000      
Repurchases of common stock (including excise tax) $ (100.9) (100.9)     $ (100.9)      
Share-based compensation 18.8 18.8   18.8        
Cash dividends declared (107.0) (107.0)         (107.0)  
Ending balance (in shares) at Jun. 30, 2025     90,100,000          
Ending balance at Jun. 30, 2025 4,010.4 4,011.6   884.5 $ (1,271.4) 48.2 4,350.3 (1.2)
Ending balance (in shares) at Jun. 30, 2025         14,700,000      
Beginning balance (in shares) at Mar. 31, 2025     90,100,000          
Beginning balance at Mar. 31, 2025 3,905.9 3,906.6   879.3 $ (1,221.2) (77.2) 4,325.7 (0.7)
Beginning balance (in shares) at Mar. 31, 2025         14,400,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 131.1 131.6         131.6 (0.5)
Other comprehensive income (loss) , net of tax 125.4 125.4       125.4    
Net issuance of shares of treasury stock (net of tax withholdings) (in shares)         100,000      
Net issuance of shares of treasury stock (net of tax withholdings) 0.3 0.3     $ 0.3      
Repurchases of common stock (including excise tax) (in shares)         200,000      
Repurchases of common stock (including excise tax) (50.5) (50.5)     $ (50.5)      
Share-based compensation 5.2 5.2   5.2        
Cash dividends declared (107.0) (107.0)         (107.0)  
Ending balance (in shares) at Jun. 30, 2025     90,100,000          
Ending balance at Jun. 30, 2025 4,010.4 4,011.6   884.5 $ (1,271.4) 48.2 4,350.3 (1.2)
Ending balance (in shares) at Jun. 30, 2025         14,700,000      
Beginning balance (in shares) at Dec. 31, 2025     90,100,000          
Beginning balance at Dec. 31, 2025 $ 4,026.2 4,027.5   893.0 $ (1,423.2) 57.6 4,500.1 (1.3)
Beginning balance (in shares) at Dec. 31, 2025 15,500,000       15,500,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ 263.3 263.4         263.4 (0.1)
Other comprehensive income (loss) , net of tax (56.0) (56.0)       (56.0)    
Net issuance of shares of treasury stock (net of tax withholdings) (in shares)         (100,000)      
Net issuance of shares of treasury stock (net of tax withholdings) $ 10.6 10.6   (38.8) $ 49.4      
Repurchases of common stock (including excise tax) (in shares) 700,000       700,000      
Repurchases of common stock (including excise tax) $ (151.3) (151.3)     $ (151.3)      
Share-based compensation 21.9 21.9   21.9        
Cash dividends declared (108.1) (108.1)         (108.1)  
Ending balance (in shares) at Jun. 30, 2026     90,100,000          
Ending balance at Jun. 30, 2026 $ 4,006.6 4,008.0   876.1 $ (1,525.1) 1.6 4,655.4 (1.4)
Ending balance (in shares) at Jun. 30, 2026 16,100,000       16,100,000      
Beginning balance (in shares) at Mar. 31, 2026     90,100,000          
Beginning balance at Mar. 31, 2026 $ 4,048.4 4,049.8   869.4 $ (1,453.6) 13.9 4,620.1 (1.4)
Beginning balance (in shares) at Mar. 31, 2026         15,800,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 143.4 143.4         143.4 0.0
Other comprehensive income (loss) , net of tax (12.3) (12.3)       (12.3)    
Net issuance of shares of treasury stock (net of tax withholdings) (in shares)         0      
Net issuance of shares of treasury stock (net of tax withholdings) 4.8 4.8   0.6 $ 4.2      
Repurchases of common stock (including excise tax) (in shares)         300,000      
Repurchases of common stock (including excise tax) (75.7) (75.7)     $ (75.7)      
Share-based compensation 6.1 6.1   6.1        
Cash dividends declared (108.1) (108.1)         (108.1)  
Ending balance (in shares) at Jun. 30, 2026     90,100,000          
Ending balance at Jun. 30, 2026 $ 4,006.6 $ 4,008.0   $ 876.1 $ (1,525.1) $ 1.6 $ 4,655.4 $ (1.4)
Ending balance (in shares) at Jun. 30, 2026 16,100,000       16,100,000