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Equity (Tables)
3 Months Ended
Mar. 31, 2024
Equity [Abstract]  
Schedule of Quarterly Distributions on Common Units The table below presents information regarding the quarterly dividends on the common shares, which were made at the
sole discretion of the Board of Directors of the Company.
Dividend Record Date
Dividend Payment Date
Dividend per Common
Share
Dividend to Common
Stockholders
(Dollars in millions, except per share data)
May 16, 2023
May 23, 2023
$0.35
$126.7
August 15, 2023
August 23, 2023
0.35
126.3
November 21, 2023
November 29, 2023
0.35
126.3
February 23, 2024
March 1, 2024
0.35
126.7
Total 2023 Dividend Year
$1.40
$506.0
May 14, 2024
May 21, 2024
$0.35
$126.0
Total 2024 Dividend Year (through Q1 2024)
$0.35
$126.0
Schedule of Shares Repurchased or Retired The following table presents
the Company’s shares that have been repurchased or retired as a result of net share settlement of equity-based awards during the
three months ended March 31, 2024 and 2023:
Three Months Ended
March 31,
2024
2023
(Dollars in millions)
Shares
$
Shares
$
Shares repurchased
2,853,602
$130.6
2,998,813
$100.3
Shares retired in connection with the net share settlement of equity-based awards
481,261
19.4
Total
3,334,863
$150.0
2,998,813
$100.3