v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Common stock
Common Class A
Common stock
Common Class B
Common stock
Exchangeable Class A
Common stock
Exchangeable Class B
Paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Common stock held in treasury Class B
Noncontrolling interests
 [1]
Beginning balance at Dec. 31, 2024 $ 13,284.2 $ 0.0 $ 2.1 $ 100.8 $ 271.1 $ 7,223.6 $ 8,238.0 $ (1,362.4) $ (1,380.8) $ 191.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares         (4.2) 4.2        
Shares issued under equity compensation plan (15.9)   0.1     (16.0)        
Amortization of share-based compensation 18.9         18.9        
Purchase of noncontrolling interest (0.2)         (0.1)       (0.1)
Net income (loss) including noncontrolling interests 557.1           549.7     7.4
Other comprehensive income (loss), net of tax 296.5                  
Other comprehensive income (loss), net of tax 296.0             295.5   0.5
Share repurchase program (309.6)               (309.6)  
Distributions and dividends to noncontrolling interests (4.0)                 (4.0)
Dividends declared (190.2)           (190.2)      
Ending balance at Jun. 30, 2025 13,636.3 0.0 2.2 100.8 266.9 7,230.6 8,597.5 (1,066.9) (1,690.4) 195.6
Beginning balance at Mar. 31, 2025 13,286.0 0.0 2.2 100.8 267.5 7,222.9 8,263.0 (1,325.4) (1,440.7) 195.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares         (0.6) 0.6        
Shares issued under equity compensation plan 0.1         0.1        
Amortization of share-based compensation 7.0         7.0        
Net income (loss) including noncontrolling interests 430.3           428.7     1.6
Other comprehensive income (loss), net of tax 259.2                  
Other comprehensive income (loss), net of tax 258.8             258.5   0.3
Share repurchase program (249.7)               (249.7)  
Distributions and dividends to noncontrolling interests (2.0)                 (2.0)
Dividends declared (94.2)           (94.2)      
Ending balance at Jun. 30, 2025 13,636.3 0.0 2.2 100.8 266.9 7,230.6 8,597.5 (1,066.9) (1,690.4) 195.6
Beginning balance at Dec. 31, 2025 10,427.1 0.0 2.2 100.8 266.9 7,247.2 5,723.7 (1,071.6) (2,038.9) 196.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan (10.8)         (10.8)        
Amortization of share-based compensation 17.0         17.0        
Net income (loss) including noncontrolling interests 387.6           383.0     4.6
Other comprehensive income (loss), net of tax (109.9)                  
Other comprehensive income (loss), net of tax (109.7)             (109.5)   (0.2)
Share repurchase program (208.6)               (208.6)  
Redeemable noncontrolling interest redemption value adjustment (0.6)         (0.6)        
Distributions and dividends to noncontrolling interests (14.0)                 (14.0)
Dividends declared (181.3)           (181.3)      
Ending balance at Jun. 30, 2026 10,306.7 0.0 2.2 100.8 266.9 7,252.8 5,925.4 (1,181.1) (2,247.5) 187.2
Beginning balance at Mar. 31, 2026 10,251.2 0.0 2.2 100.8 266.9 7,244.4 5,784.3 (1,138.1) (2,204.7) 195.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan (0.2)         (0.2)        
Amortization of share-based compensation 8.8         8.8        
Net income (loss) including noncontrolling interests 235.5           231.7     3.8
Other comprehensive income (loss), net of tax (43.2)                  
Other comprehensive income (loss), net of tax (43.0)             (43.0)    
Share repurchase program (42.8)               (42.8)  
Redeemable noncontrolling interest redemption value adjustment (0.2)         (0.2)        
Distributions and dividends to noncontrolling interests (12.0)                 (12.0)
Dividends declared (90.6)           (90.6)      
Ending balance at Jun. 30, 2026 $ 10,306.7 $ 0.0 $ 2.2 $ 100.8 $ 266.9 $ 7,252.8 $ 5,925.4 $ (1,181.1) $ (2,247.5) $ 187.2
[1] All activity included in the noncontrolling interests column of the unaudited condensed consolidated statements of stockholders' equity and noncontrolling interests excludes activity from our redeemable noncontrolling interests.