v3.26.3
Statements of Consolidated Equity - USD ($)
$ in Millions
Total
Common Stock
Treasury Stock, Common
Additional Paid-in Capital
Retained Deficit
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interest
Beginning balance at Dec. 31, 2024 $ 10,668.3 $ 4.7 $ (99.9) $ 9,521.5 $ (711.7) $ (30.4) $ 1,984.1
Comprehensive Income:              
Net Income 734.2       671.7    
Net current-period other comprehensive income (loss) 17.4            
Other comprehensive income (loss), net of tax 17.4 0.0 0.0 0.0 0.0 17.4 0.0
Dividends:              
Common stock (532.0)       (532.0)    
Contributions from noncontrolling interests (145.3)           (145.3)
Distributions to noncontrolling interests (68.3)   0.0       (68.3)
Stock Issuances:              
Employee stock purchase plan 5.5     5.5      
Long-term incentive plan       (15.3)      
401(k) and profit sharing 7.2     7.2      
ATM program 248.9 (0.1)   248.8      
Ending balance at Sep. 30, 2025 11,241.8 4.8 (99.9) 9,798.3 (572.0) (13.0) 2,123.6
Stock Issuances:              
Net income attributable to noncontrolling interest 62.5           62.5
Long-term incentive plan 15.3            
Beginning balance at Jun. 30, 2025 10,996.9 4.7 (99.9) 9,538.0 (532.1) (28.2) 2,114.4
Comprehensive Income:              
Net Income 107.0       94.7    
Net current-period other comprehensive income (loss) 15.2            
Other comprehensive income (loss), net of tax 15.2         15.2  
Dividends:              
Common stock (134.6)       (134.6)    
Contributions from noncontrolling interests (11.0)           (11.0)
Distributions to noncontrolling interests (14.1)           (14.1)
Stock Issuances:              
Employee stock purchase plan 1.9     1.9      
Long-term incentive plan 7.2            
401(k) and profit sharing 2.4     2.4      
ATM program 248.9 (0.1)   248.8      
Ending balance at Sep. 30, 2025 11,241.8 4.8 (99.9) 9,798.3 (572.0) (13.0) 2,123.6
Stock Issuances:              
Net income attributable to noncontrolling interest 12.3           12.3
Long-term incentive plan       7.2      
Beginning balance at Dec. 31, 2025 11,659.9 4.8 (99.9) 9,866.6 (315.2) (6.2) 2,209.8
Comprehensive Income:              
Net Income 732.1       682.1    
Net current-period other comprehensive income (loss) (7.4)         (7.4)  
Other comprehensive income (loss), net of tax (7.4)            
Dividends:              
Common stock (582.2)       (582.2)    
Contributions from noncontrolling interests (194.4)           (194.4)
Distributions to noncontrolling interests (71.0)           (71.0)
Stock Issuances:              
Employee stock purchase plan 6.0     6.0      
Long-term incentive plan       12.2      
401(k) and profit sharing 6.8     6.8      
Ending balance at Sep. 30, 2026 11,954.4 4.8 (99.9) 9,891.6 (211.7) (13.6) 2,383.2
Stock Issuances:              
Net income attributable to noncontrolling interest 50.0           50.0
Long-term incentive plan 12.2            
Beginning balance at Jun. 30, 2026 11,894.4 4.8 (99.9) 9,875.4 (196.2) (9.5) 2,319.8
Comprehensive Income:              
Net Income 139.0       129.5    
Net current-period other comprehensive income (loss) (4.1)         (4.1)  
Other comprehensive income (loss), net of tax (4.1)            
Dividends:              
Common stock (145.0)       (145.0)    
Contributions from noncontrolling interests (69.9)           (69.9)
Distributions to noncontrolling interests (16.0)           (16.0)
Stock Issuances:              
Employee stock purchase plan 2.0     2.0      
Long-term incentive plan 12.2     12.2      
401(k) and profit sharing 2.0     2.0      
Ending balance at Sep. 30, 2026 11,954.4 $ 4.8 $ (99.9) $ 9,891.6 $ (211.7) $ (13.6) 2,383.2
Stock Issuances:              
Net income attributable to noncontrolling interest $ 9.5           $ 9.5