v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Capital Surplus
Retained Earnings/(Accumulated Deficit)
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2024 $ 968.9 $ 3.4 $ 1,070.8 $ 35.2 $ (140.5)
Beginning balance (shares) at Dec. 31, 2024   337.9      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 123.5     123.5  
Stock-based compensation 10.6   10.6    
Common stock dividends and dividend equivalents declared (80.5)     (80.5)  
Repurchase and retirement of common shares (81.7) $ (0.1)   (81.6)  
Repurchase and retirement of common shares (shares)   (7.5)      
Shares issued under stock-based compensation plans (shares)   1.7      
Other comprehensive income/(loss) (Note 9) (1.4)       (1.4)
Ending balance at Mar. 31, 2025 939.4 $ 3.3 1,081.4 (3.4) (141.9)
Ending balance (shares) at Mar. 31, 2025   332.1      
Beginning balance at Dec. 31, 2024 968.9 $ 3.4 1,070.8 35.2 (140.5)
Beginning balance (shares) at Dec. 31, 2024   337.9      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 385.2        
Other comprehensive income/(loss) (Note 9) (15.7)        
Ending balance at Sep. 30, 2025 925.4 $ 3.2 1,102.8 (24.4) (156.2)
Ending balance (shares) at Sep. 30, 2025   318.5      
Beginning balance at Mar. 31, 2025 939.4 $ 3.3 1,081.4 (3.4) (141.9)
Beginning balance (shares) at Mar. 31, 2025   332.1      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 122.1     122.1  
Stock-based compensation 11.5   11.5    
Common stock dividends and dividend equivalents declared (77.5)     (77.5)  
Repurchase and retirement of common shares (76.5) $ (0.1)   (76.4)  
Repurchase and retirement of common shares (shares)   (8.0)      
Shares issued under stock-based compensation plans (shares)   0.2      
Other comprehensive income/(loss) (Note 9) (35.4)       (35.4)
Ending balance at Jun. 30, 2025 883.6 $ 3.2 1,092.9 (35.2) (177.3)
Ending balance (shares) at Jun. 30, 2025   324.3      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 139.6     139.6  
Stock-based compensation 9.9   9.9    
Common stock dividends and dividend equivalents declared (77.7)     (77.7)  
Repurchase and retirement of common shares (51.1)     (51.1)  
Repurchase and retirement of common shares (shares)   (6.0)      
Shares issued under stock-based compensation plans (shares)   0.2      
Other comprehensive income/(loss) (Note 9) 21.1       21.1
Ending balance at Sep. 30, 2025 925.4 $ 3.2 1,102.8 (24.4) (156.2)
Ending balance (shares) at Sep. 30, 2025   318.5      
Beginning balance at Dec. 31, 2025 $ 957.8 $ 3.2 1,117.4 (11.5) (151.3)
Beginning balance (shares) at Dec. 31, 2025 315.7 315.7      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 64.7     64.7  
Stock-based compensation 8.9   8.9    
Common stock dividends and dividend equivalents declared (76.0)     (76.0)  
Repurchase and retirement of common shares (54.2) $ (0.1)   (54.1)  
Repurchase and retirement of common shares (shares)   (5.7)      
Shares issued under stock-based compensation plans (shares)   2.7      
Other comprehensive income/(loss) (Note 9) 9.3       9.3
Ending balance at Mar. 31, 2026 910.5 $ 3.1 1,126.3 (76.9) (142.0)
Ending balance (shares) at Mar. 31, 2026   312.7      
Beginning balance at Dec. 31, 2025 $ 957.8 $ 3.2 1,117.4 (11.5) (151.3)
Beginning balance (shares) at Dec. 31, 2025 315.7 315.7      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income $ 219.4        
Other comprehensive income/(loss) (Note 9) (26.8)        
Ending balance at Sep. 30, 2026 $ 890.6 $ 3.1 1,146.5 (80.9) (178.1)
Ending balance (shares) at Sep. 30, 2026 312.0 312.0      
Beginning balance at Mar. 31, 2026 $ 910.5 $ 3.1 1,126.3 (76.9) (142.0)
Beginning balance (shares) at Mar. 31, 2026   312.7      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 76.7     76.7  
Stock-based compensation 7.9   7.9    
Common stock dividends and dividend equivalents declared (75.0)     (75.0)  
Repurchase and retirement of common shares (8.6)     (8.6)  
Repurchase and retirement of common shares (shares)   (1.0)      
Shares issued under stock-based compensation plans (shares)   0.1      
Other comprehensive income/(loss) (Note 9) 3.2       3.2
Ending balance at Jun. 30, 2026 914.7 $ 3.1 1,134.2 (83.8) (138.8)
Ending balance (shares) at Jun. 30, 2026   311.8      
Increase/(Decrease) in Stockholders' Equity [Roll Forward]          
Net income 78.0     78.0  
Stock-based compensation 12.3   12.3    
Common stock dividends and dividend equivalents declared (74.6)     (74.6)  
Repurchase and retirement of common shares (0.5)     (0.5)  
Repurchase and retirement of common shares (shares)   (0.1)      
Shares issued under stock-based compensation plans (shares)   0.3      
Other comprehensive income/(loss) (Note 9) (39.3)       (39.3)
Ending balance at Sep. 30, 2026 $ 890.6 $ 3.1 $ 1,146.5 $ (80.9) $ (178.1)
Ending balance (shares) at Sep. 30, 2026 312.0 312.0