v3.26.3
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings (Accumulated Deficit) [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury stock, at cost [Member]
Beginning balance, Shares at Dec. 31, 2024   215,887,001        
Issuance of shares under equity-based compensation plans, shares   7,533,570        
Shares surrendered under equity-based compensation plans   (1,893,445)        
Repurchases of common stock, shares   0        
Ending balance, Shares at Sep. 30, 2025   221,527,126        
Beginning balance at Dec. 31, 2024   $ 2.3 $ 2,514.2 $ (5,324.5) $ (344.5) $ (303.6)
Excise tax on Series A convertible preferred stock redemption       0.0    
Special distributions to common stockholders       0.0    
Issuance of shares under equity-based compensation plans   0.1 0.0      
Equity-based compensation     27.3      
Dividends on Series A convertible preferred stock     (51.3)      
Net income $ 924.2     924.2    
Other comprehensive income (loss), net of tax 222.3       222.3  
Net shares surrendered under equity-based compensation plans           (11.2)
Repurchases of common stock           0.0
Excise tax on common stock repurchases           0.0
Ending balance at Sep. 30, 2025 (2,344.7) $ 2.4 2,490.2 (4,400.3) (122.2) (314.8)
Beginning balance, Shares at Jun. 30, 2025   221,451,007        
Issuance of shares under equity-based compensation plans, shares   111,300        
Shares surrendered under equity-based compensation plans   (35,181)        
Repurchases of common stock, shares   0        
Ending balance, Shares at Sep. 30, 2025   221,527,126        
Beginning balance at Jun. 30, 2025   $ 2.4 2,496.7 (4,508.7) (116.5) (314.5)
Excise tax on Series A convertible preferred stock redemption       0.0    
Special distributions to common stockholders       0.0    
Issuance of shares under equity-based compensation plans   0.0 0.0      
Equity-based compensation     10.8      
Dividends on Series A convertible preferred stock     (17.3)      
Net income 108.4     108.4    
Other comprehensive income (loss), net of tax (5.7)       (5.7)  
Net shares surrendered under equity-based compensation plans           (0.3)
Repurchases of common stock           0.0
Excise tax on common stock repurchases           0.0
Ending balance at Sep. 30, 2025 $ (2,344.7) $ 2.4 2,490.2 (4,400.3) (122.2) (314.8)
Beginning balance, Shares at Dec. 31, 2025 223,260,316 223,260,316        
Issuance of shares under equity-based compensation plans, shares   10,732,686        
Shares surrendered under equity-based compensation plans   (3,309,555)        
Repurchases of common stock, shares   (17,703,769)        
Ending balance, Shares at Sep. 30, 2026 212,979,678 212,979,678        
Beginning balance at Dec. 31, 2025 $ (1,004.1) $ 2.4 2,487.9 (3,040.8) (118.7) (334.9)
Excise tax on Series A convertible preferred stock redemption       (11.8)    
Special distributions to common stockholders (3,521.8)     (3,521.8)    
Issuance of shares under equity-based compensation plans   0.1 1.7      
Equity-based compensation     23.7      
Dividends on Series A convertible preferred stock     (1.7)      
Net income 6,833.7     6,833.7    
Other comprehensive income (loss), net of tax 120.1       120.1  
Net shares surrendered under equity-based compensation plans           (47.7)
Repurchases of common stock           (157.0)
Excise tax on common stock repurchases (1.6)         (1.6)
Ending balance at Sep. 30, 2026 $ 2,233.6 $ 2.5 2,511.6 259.3 1.4 (541.2)
Beginning balance, Shares at Jun. 30, 2026   230,046,379        
Issuance of shares under equity-based compensation plans, shares   997,732        
Shares surrendered under equity-based compensation plans   (360,664)        
Repurchases of common stock, shares   (17,703,769)        
Ending balance, Shares at Sep. 30, 2026 212,979,678 212,979,678        
Beginning balance at Jun. 30, 2026   $ 2.5 2,503.9 376.7 0.8 (378.1)
Excise tax on Series A convertible preferred stock redemption       0.1    
Special distributions to common stockholders $ (1,148.1)     (1,148.1)    
Issuance of shares under equity-based compensation plans   0.0 0.1      
Equity-based compensation     7.6      
Dividends on Series A convertible preferred stock     0.0      
Net income 1,030.6     1,030.6    
Other comprehensive income (loss), net of tax 0.6       0.6  
Net shares surrendered under equity-based compensation plans           (4.5)
Repurchases of common stock           (157.0)
Excise tax on common stock repurchases (1.6)         (1.6)
Ending balance at Sep. 30, 2026 $ 2,233.6 $ 2.5 $ 2,511.6 $ 259.3 $ 1.4 $ (541.2)