​

  ​ ​ ​

Three months ended June 30, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

Net transfers to Parent as reflected in the combined statement of cash flows

​

$

(28.5)

​

$

(16.2)

Non-cash direct stock-based compensation expense (benefit)

​

0.5

​

(0.5)

Non-cash transfer of net assets to Parent

​

​

(9.5)

​

​

—

Net transfers to Parent as reflected in the combined statement of equity

​

$

(37.5)

​

$

(16.7)