XML 27 R13.htm IDEA: XBRL DOCUMENT v3.25.2
Stockholders' Equity
6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Stockholders' Equity Stockholders' Equity
(a) Treasury Stock. As of June 30, 2025, the Company had approximately $774.5 million remaining under its share repurchase authorization. The Company did not repurchase shares under the program during the three and six months ended June 30, 2025 or 2024.

In addition, the Company acquired 1.4 million and an insignificant amount of shares upon the exercise of stock options, the vesting of certain restricted stock units ("RSUs") and performance restricted stock units ("PRSUs"), which were withheld to satisfy tax withholding obligations during the three months ended June 30, 2025 and 2024, respectively. The shares withheld were valued at the closing price of the stock on the New York Stock Exchange on the vesting date or first business day prior to vesting, resulting in $94.9 million in treasury stock acquired during the three months ended June 30, 2025, and an immaterial amount for the three months ended June 30, 2024. The Company acquired 2.1 million and 0.9 million shares during the six months ended June 30, 2025 and 2024, respectively, resulting in $132.4 million and $43.8 million for the six months ended June 30, 2025 and 2024, respectively.

(b) Accumulated Other Comprehensive Loss ("AOCL"). AOCL consisted of the following:
Three Months EndedSix Months Ended
 June 30,June 30,
(in millions)2025202420252024
Foreign Currency Translation
Balance at beginning of period$(157.5)$(151.0)$(187.2)$(135.5)
Other comprehensive income (loss):
Foreign currency translation adjustments (1)
68.8 (7.5)98.5 (23.0)
Balance at end of period$(88.7)$(158.5)$(88.7)$(158.5)
Pensions
Balance at beginning of period$1.0 $(1.5)$0.4 $(1.2)
Other comprehensive income (loss):
Net change from period revaluations (2)
— — 0.6 (0.3)
Balance at end of period$1.0 $(1.5)$1.0 $(1.5)
(1)
In 2025 and 2024, there were no tax impacts related to foreign currency translation adjustments and no amounts were reclassified to earnings.
(2)
In 2025 and 2024, there were no tax impacts related to pension adjustments.