v3.26.1
Condensed Consolidated Statements of Shareholders Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 11,614.7 $ 3.2 $ 2.1 $ 13,926.1 $ (2,449.0) $ 132.3
Common stock shares outstanding, beginning balance (in shares) at Dec. 31, 2024   316,900,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total comprehensive income (loss) 1,032.4     648.8 359.9 23.7
Stock Issued During Period, Shares, Restricted Stock Award, Gross   400,000        
APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition (3.2)   (3.2) 0.0    
Stock based compensation 17.7   17.7      
Dividends 70.6     70.6    
Ending balance at Jun. 30, 2025 $ 12,584.6 $ 3.2 16.6 14,504.3 (2,089.1) 149.6
Common stock shares outstanding, ending balance (in shares) at Jun. 30, 2025   317,300,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends per share $ 0.22          
Dividends for noncontrolling interests $ (6.4)         (6.4)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1,008.7          
Beginning balance at Mar. 31, 2025 11,916.7 $ 3.2 8.3 14,093.9 (2,334.5) 145.8
Common stock shares outstanding, beginning balance (in shares) at Mar. 31, 2025   317,200,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total comprehensive income (loss) 666.3       245.4 10.2
Stock Issued During Period, Shares, Restricted Stock Award, Gross   100,000        
APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition (0.1)   (0.1)      
Stock based compensation 8.4   8.4      
Dividends 0.3     0.3    
Ending balance at Jun. 30, 2025 12,584.6 $ 3.2 16.6 14,504.3 (2,089.1) 149.6
Common stock shares outstanding, ending balance (in shares) at Jun. 30, 2025   317,300,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends for noncontrolling interests (6.4)         (6.4)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 656.1     410.7    
Beginning balance at Dec. 31, 2025 $ 12,234.2 $ 3.2 29.2 14,184.4 (2,131.9) 149.3
Common stock shares outstanding, beginning balance (in shares) at Dec. 31, 2025 317,408,647 317,400,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total comprehensive income (loss) $ (553.8)     (530.4) (34.8) 11.4
Stock Issued During Period, Shares, Restricted Stock Award, Gross   500,000        
APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition (4.4)   (4.4)      
Stock based compensation 18.1   18.1      
Dividends 69.5     69.5    
Ending balance at Jun. 30, 2026 $ 11,634.9 $ 3.2 42.9 13,584.5 (2,166.7) 171.0
Common stock shares outstanding, ending balance (in shares) at Jun. 30, 2026 317,895,646 317,900,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends per share $ 220,000          
Dividends for noncontrolling interests $ (7.1)         (7.1)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent (565.2)          
Noncontrolling Interest, Increase from Subsidiary Equity Issuance 17.4         17.4
Beginning balance at Mar. 31, 2026 11,957.8 $ 3.2 35.1 13,856.9 (2,091.2) 153.8
Common stock shares outstanding, beginning balance (in shares) at Mar. 31, 2026   317,800,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total comprehensive income (loss) (341.4)       (75.5) 6.9
Stock Issued During Period, Shares, Restricted Stock Award, Gross   100,000        
APIC, Share-based Payment Arrangement, Restricted Stock Unit, Increase for Cost Recognition 0.0   0.0      
Stock based compensation 7.8   7.8      
Dividends 0.4     0.4    
Ending balance at Jun. 30, 2026 $ 11,634.9 $ 3.2 $ 42.9 13,584.5 $ (2,166.7) 171.0
Common stock shares outstanding, ending balance (in shares) at Jun. 30, 2026 317,895,646 317,900,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Dividends for noncontrolling interests $ (7.1)         (7.1)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent (348.3)     $ (272.8)    
Noncontrolling Interest, Increase from Subsidiary Equity Issuance $ 17.4         $ 17.4