v3.26.1
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Beginning balance at Dec. 31, 2024 $ 2,322.0 $ 0.1 $ 2,067.0 $ 503.0 $ (248.0)
Beginning Balance, Shares at Dec. 31, 2024   67,400,000      
Net issuance under stock-based plans (5.0)   (5.0)    
Net issuance under stock-based plans, Shares   0      
Stock-based compensation 22.0   22.0    
Stock repurchase (45.0)   (17.0) (28.0)  
Stock repurchase, shares   (500,000)      
Cash dividend (15.0)     (15.0)  
Comprehensive income (loss) (net of tax):          
Net income 52.0     52.0  
Other comprehensive income 23.0       23.0
Ending balance at Mar. 31, 2025 2,354.0 $ 0.1 2,067.0 512.0 (225.0)
Ending Balance, Shares at Mar. 31, 2025   66,900,000      
Beginning balance at Dec. 31, 2024 2,322.0 $ 0.1 2,067.0 503.0 (248.0)
Beginning Balance, Shares at Dec. 31, 2024   67,400,000      
Stock repurchase (45.0)        
Comprehensive income (loss) (net of tax):          
Net income 114.0        
Ending balance at Jun. 30, 2025 2,553.0 $ 0.1 2,078.0 559.0 (84.0)
Ending Balance, Shares at Jun. 30, 2025   67,200,000      
Beginning balance at Mar. 31, 2025 2,354.0 $ 0.1 2,067.0 512.0 (225.0)
Beginning Balance, Shares at Mar. 31, 2025   66,900,000      
Net issuance under stock-based plans 0.0   0.0    
Net issuance under stock-based plans, Shares   300,000      
Stock-based compensation 12.0   12.0    
Cash dividend (15.0)     (15.0)  
Comprehensive income (loss) (net of tax):          
Net income 62.0     62.0  
Other comprehensive income 141.0       141.0
Ending balance at Jun. 30, 2025 2,553.0 $ 0.1 2,078.0 559.0 (84.0)
Ending Balance, Shares at Jun. 30, 2025   67,200,000      
Beginning balance at Dec. 31, 2025 2,719.0 $ 0.1 2,101.0 711.0 (93.0)
Beginning Balance, Shares at Dec. 31, 2025   67,200,000      
Net issuance under stock-based plans (16.0)   (16.0)    
Net issuance under stock-based plans, Shares   100,000      
Stock-based compensation 19.0   19.0    
Cash dividend (17.0)     (17.0)  
Comprehensive income (loss) (net of tax):          
Net income 84.0     84.0  
Other comprehensive income 22.0       22.0
Ending balance at Mar. 31, 2026 2,811.0 $ 0.1 2,104.0 778.0 (71.0)
Ending Balance, Shares at Mar. 31, 2026   67,300,000      
Beginning balance at Dec. 31, 2025 2,719.0 $ 0.1 2,101.0 711.0 (93.0)
Beginning Balance, Shares at Dec. 31, 2025   67,200,000      
Comprehensive income (loss) (net of tax):          
Net income 258.0        
Ending balance at Jun. 30, 2026 2,988.0 $ 0.1 2,093.0 936.0 (41.0)
Ending Balance, Shares at Jun. 30, 2026   67,600,000      
Beginning balance at Mar. 31, 2026 2,811.0 $ 0.1 2,104.0 778.0 (71.0)
Beginning Balance, Shares at Mar. 31, 2026   67,300,000      
Net issuance under stock-based plans (26.0)   (26.0)    
Net issuance under stock-based plans, Shares   300,000      
Stock-based compensation 15.0   15.0    
Cash dividend (17.0)     (17.0)  
Comprehensive income (loss) (net of tax):          
Net income 175.0     175.0  
Other comprehensive income 30.0       30.0
Ending balance at Jun. 30, 2026 $ 2,988.0 $ 0.1 $ 2,093.0 $ 936.0 $ (41.0)
Ending Balance, Shares at Jun. 30, 2026   67,600,000