The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2026 and 2025 (in millions, except per share data): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Basic earnings per share numerator: | | | | | | | | | Net income | $ | 353.1 | | | $ | 235.1 | | | $ | 738.8 | | | $ | 485.7 | | | Net income allocated to participating securities | (1.3) | | | (1.2) | | | (2.9) | | | (2.4) | | | Net income allocated to common stockholders | $ | 351.8 | | | $ | 233.9 | | | $ | 735.9 | | | $ | 483.3 | | | Basic earnings per share denominator: | | | | | | | | | Weighted average shares outstanding | 104.7 | | | 104.7 | | | 104.7 | | | 104.7 | | | Basic earnings per share | $ | 3.36 | | | $ | 2.23 | | | $ | 7.03 | | | $ | 4.62 | | | | | | | | | | | Diluted earnings per share numerator: | | | | | | | | | Net income | $ | 353.1 | | | $ | 235.1 | | | $ | 738.8 | | | $ | 485.7 | | | Net income allocated to participating securities | (1.3) | | | (1.2) | | | (2.9) | | | (2.4) | | | Net income allocated to common stockholders | $ | 351.8 | | | $ | 233.9 | | | $ | 735.9 | | | $ | 483.3 | | | Diluted earnings per share denominator: | | | | | | | | | Weighted average shares outstanding | 104.7 | | | 104.7 | | | 104.7 | | | 104.7 | | | Dilutive common shares issued under stock program | 0.2 | | | 0.3 | | | 0.3 | | | 0.3 | | | Total dilutive weighted average shares | 104.9 | | | 105.0 | | | 105.0 | | | 105.0 | | | Diluted earnings per share | $ | 3.35 | | | $ | 2.23 | | | $ | 7.01 | | | $ | 4.60 | |
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