v3.26.3
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
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 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares         (4.2) 4.2        
Shares issued under equity compensation plan (15.3)   0.1     (15.4)        
Amortization of share-based compensation 27.2         27.2        
Purchase of noncontrolling interest (0.2)         (0.1)       (0.1) [1]
Net income (loss) including noncontrolling interests (2,364.9)           (2,377.9)     13.0 [1]
Other comprehensive income (loss), net of tax 217.8             217.3   0.5 [1]
Share repurchase program (334.9)               (334.9)  
Distributions and dividends to noncontrolling interests (7.0)                 (7.0) [1]
Dividends declared (283.6)           (283.6)      
Ending balance at Sep. 30, 2025 10,523.3 0.0 2.2 100.8 266.9 7,239.5 5,576.5 (1,145.1) (1,715.7) 198.2 [1]
Beginning 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 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan 0.6         0.6        
Amortization of share-based compensation 8.3         8.3        
Net income (loss) including noncontrolling interests (2,922.0)           (2,927.6)     5.6 [1]
Other comprehensive income (loss), net of tax (78.2)             (78.2)    
Share repurchase program (25.3)               (25.3)  
Distributions and dividends to noncontrolling interests (3.0)                 (3.0) [1]
Dividends declared (93.4)           (93.4)      
Ending balance at Sep. 30, 2025 10,523.3 0.0 2.2 100.8 266.9 7,239.5 5,576.5 (1,145.1) (1,715.7) 198.2 [1]
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 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan (10.1)         (10.1)        
Amortization of share-based compensation 26.2         26.2       0.0 [1]
Net income (loss) including noncontrolling interests 660.5           654.5     6.0
Other comprehensive income (loss), net of tax (127.3)             (127.1)   (0.2) [1]
Share repurchase program (252.9)               (252.9)  
Redeemable noncontrolling interest redemption value adjustment (0.6)         (0.6)        
Distributions and dividends to noncontrolling interests (20.5)                 (20.5) [1]
Dividends declared (271.4)           (271.4)      
Ending balance at Sep. 30, 2026 10,431.0 0.0 2.2 100.8 266.9 7,262.7 6,106.8 (1,198.7) (2,291.8) 182.1 [1]
Beginning 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]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Shares issued under equity compensation plan 0.7         0.7        
Amortization of share-based compensation 9.2         9.2        
Net income (loss) including noncontrolling interests 272.9           271.5     1.4 [1]
Other comprehensive income (loss), net of tax (17.6)             (17.6)    
Share repurchase program (44.3)               (44.3)  
Distributions and dividends to noncontrolling interests (6.5)                 (6.5) [1]
Dividends declared (90.1)           (90.1)      
Ending balance at Sep. 30, 2026 $ 10,431.0 $ 0.0 $ 2.2 $ 100.8 $ 266.9 $ 7,262.7 $ 6,106.8 $ (1,198.7) $ (2,291.8) $ 182.1 [1]
[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.