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Share-based Payments (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Compensation Costs Related to Share-Based Payments
The following table presents the components of share-based payment expense by consolidated income statement classification:
Three months ended
September 30,
Nine months ended
September 30,
2025202420252024
Selling, general and administrative:
Stock option compensation expense$0.1 $0.7 $0.6 $3.0 
Equity-classified share units19.9 7.3 55.0 32.9 
Liability-classified share units0.4 0.6 1.7 2.1 
Employee share purchase plan1.4 1.2 5.7 5.8 
21.8 9.8 63.0 43.8 
Acquisition-related and integration costs:   
Acceleration of share-based payments expense— 0.1 — 1.0 
Share-based continuing employment costs1.0 0.2 1.4 0.4 
1.0 0.3 1.4 1.4 
$22.8 $10.1 $64.4 $45.2 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
The following table presents share unit activity for the nine months ended September 30, 2025 (actual number of units; weighted-average grant-date fair value per share unit):
Equity-classifiedLiability-classified
Performance Share Units (Performance Conditions)Performance Share Units (Market Conditions)Restricted Share UnitsDeferred Share Units
Number WA grant
date fair
value
NumberWA grant
date fair
value
NumberWA grant
date fair
value
NumberWA grant
date fair
value
Outstanding, December 31, 2024450,175$64.73 268,954$105.53 607,805$66.00 73,490$40.29 
Granted153,439 99.88 153,208151.41 479,032 98.26 606 106.01 
Vested and settled(132,018)58.74 — (283,613)63.30 (2,245)67.40 
Forfeited(4,155)73.41 (2,870)125.54 (29,704)81.11 — — 
Outstanding at September 30, 2025467,441$77.88 419,292$122.16 773,520$86.39 71,851$40.00 
Summary of Significant Assumptions Used to Estimate the Fair Value of Stock Options fair value of PSUs with market vesting conditions was estimated using a Monte Carlo simulation model on the respective grant dates, incorporating the following significant assumptions, presented on a weighted average basis:
Nine months ended
September 30,
20252024
Risk free interest rate4.0 %4.4 %
Expected lives of the PSUs3 years3 years
Expected volatility30.4 %32.2 %
Average expected volatility of comparable companies34.7 %48.3 %