v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury at Cost
Balance at Dec. 31, 2024 $ 4,152.1 $ 0.7 $ 847.8 $ 4,367.2 $ (103.2) $ (960.4)
Net income 513.2 0.0 0.0 513.2 0.0 0.0
Pension and post-employment benefits, net of tax (3.2) 0.0 0.0 0.0 (3.2) 0.0
Currency translation adjustments 110.0 0.0 0.0 0.0 110.0 0.0
Derivative instruments, net of tax (0.7) 0.0 0.0 0.0 (0.7) 0.0
Cash dividends (98.3) 0.0 0.0 (98.3) 0.0 0.0
Repurchases of Common Stock (159.3) 0.0 0.0 0.0 0.0 (159.3)
Exercise of stock options 7.3 0.0 1.4 0.0 0.0 5.9
Stock-based compensation expense 29.5 0.0 29.5 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (18.1) 0.0 0.0 18.1
Shares tendered for taxes on stock-based compensation (13.5) 0.0 0.0 0.0 0.0 (13.5)
Other 0.2 0.0 (0.5) 0.0 0.0 0.7
Balance at Sep. 30, 2025 4,537.3 0.7 860.1 4,782.1 2.9 (1,108.5)
Balance at Jun. 30, 2025 4,454.4 0.7 849.2 4,618.5 7.4 (1,021.4)
Net income 196.2 0.0 0.0 196.2 0.0 0.0
Pension and post-employment benefits, net of tax (1.1) 0.0 0.0 0.0 (1.1) 0.0
Currency translation adjustments (3.1) 0.0 0.0 0.0 (3.1) 0.0
Derivative instruments, net of tax (0.3) 0.0 0.0 0.0 (0.3) 0.0
Cash dividends (32.6) 0.0 0.0 (32.6) 0.0 0.0
Repurchases of Common Stock (90.6) 0.0 0.0 0.0 0.0 (90.6)
Exercise of stock options 4.2 0.0 0.7 0.0 0.0 3.5
Stock-based compensation expense 10.4 0.0 10.4   0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (0.3) 0.0 0.0 0.3
Shares tendered for taxes on stock-based compensation (0.3) 0.0 0.0 0.0 0.0 (0.3)
Other 0.1 0.0 0.1 0.0 0.0 0.0
Balance at Sep. 30, 2025 4,537.3 0.7 860.1 4,782.1 2.9 (1,108.5)
Balance at Dec. 31, 2025 4,530.5 0.7 866.3 4,883.8 6.4 (1,226.7)
Net income 364.7 0.0 0.0 364.7 0.0 0.0
Pension and post-employment benefits, net of tax (3.1) 0.0 0.0 0.0 (3.1) 0.0
Currency translation adjustments (24.7) 0.0 0.0 0.0 (24.7) 0.0
Derivative instruments, net of tax 0.3 0.0 0.0 0.0 0.3 0.0
Cash dividends (106.2) 0.0 0.0 (106.2) 0.0 0.0
Repurchases of Common Stock (221.3) 0.0 0.0 0.0 0.0 (221.3)
Exercise of stock options 2.2 0.0 0.4 0.0 0.0 1.8
Stock-based compensation expense 33.4 0.0 33.4 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (21.2) 0.0 0.0 21.2
Shares tendered for taxes on stock-based compensation (24.7) 0.0 0.0 0.0 0.0 (24.7)
Other 0.3 0.0 (2.4) 0.0 0.0 2.7
Balance at Sep. 30, 2026 4,551.4 0.7 876.5 5,142.3 (21.1) (1,447.0)
Balance at Jun. 30, 2026 4,527.3 0.7 865.0 5,039.1 (12.8) (1,364.7)
Net income 138.4 0.0 0.0 138.4 0.0 0.0
Pension and post-employment benefits, net of tax (1.0) 0.0 0.0 0.0 (1.0) 0.0
Currency translation adjustments (7.4) 0.0 0.0 0.0 (7.4) 0.0
Derivative instruments, net of tax 0.1 0.0 0.0 0.0 0.1 0.0
Cash dividends (35.2) 0.0 0.0 (35.2) 0.0 0.0
Repurchases of Common Stock (82.4) 0.0 0.0 0.0 0.0 (82.4)
Exercise of stock options 0.2 0.0 0.1 0.0 0.0 0.1
Stock-based compensation expense 12.0 0.0 12.0 0.0 0.0 0.0
Payment of stock-based restricted and performance shares 0.0 0.0 (0.6) 0.0 0.0 0.6
Shares tendered for taxes on stock-based compensation (0.6) 0.0 0.0 0.0 0.0 (0.6)
Other 0.0 0.0 0.0 0.0 0.0 0.0
Balance at Sep. 30, 2026 $ 4,551.4 $ 0.7 $ 876.5 $ 5,142.3 $ (21.1) $ (1,447.0)