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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Shareholders’ Equity
Common Stock Shares
Common Stock and Additional Paid-In Capital
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Noncontrolling Interest
Beginning balance (in shares) at Dec. 31, 2023     90,100,000          
Beginning balance at Dec. 31, 2023 $ 3,541.2 $ 3,541.4   $ 839.9 $ (1,187.0) $ (45.8) $ 3,934.3 $ (0.2)
Beginning balance (in shares) at Dec. 31, 2023         14,300,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 262.5 262.7         262.7 (0.2)
Other comprehensive income (loss), net of tax (70.6) (70.6)       (70.6)    
Net issuance of shares of treasury stock (net of tax) (in shares)         (100,000)      
Net issuance of shares of treasury stock (net of tax) $ 7.9 7.9     $ 7.9      
Repurchases of common stock (in shares) 0              
Share-based compensation $ 16.9 16.9   16.9        
Cash dividends declared (104.5) (104.5)         (104.5)  
Ending balance (in shares) at Jun. 30, 2024     90,100,000          
Ending balance at Jun. 30, 2024 3,653.4 3,653.8   856.8 $ (1,179.1) (116.4) 4,092.5 (0.4)
Ending balance (in shares) at Jun. 30, 2024         14,200,000      
Beginning balance (in shares) at Mar. 31, 2024     90,100,000          
Beginning balance at Mar. 31, 2024 3,618.3 3,618.6   852.4 $ (1,179.3) (110.2) 4,055.7 (0.3)
Beginning balance (in shares) at Mar. 31, 2024         14,200,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 141.2 141.3         141.3 (0.1)
Other comprehensive income (loss), net of tax (6.2) (6.2)       (6.2)    
Net issuance of shares of treasury stock (net of tax) 0.2 0.2     $ 0.2      
Share-based compensation 4.4 4.4   4.4        
Cash dividends declared (104.5) (104.5)         (104.5)  
Ending balance (in shares) at Jun. 30, 2024     90,100,000          
Ending balance at Jun. 30, 2024 3,653.4 3,653.8   856.8 $ (1,179.1) (116.4) 4,092.5 (0.4)
Ending balance (in shares) at Jun. 30, 2024         14,200,000      
Beginning balance (in shares) at Dec. 31, 2024     90,100,000          
Beginning balance at Dec. 31, 2024 $ 3,794.1 3,794.7   865.7 $ (1,170.3) (130.9) 4,230.2 (0.6)
Beginning balance (in shares) at Dec. 31, 2024 14,200,000       14,200,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) $ 226.5 227.1         227.1 (0.6)
Other comprehensive income (loss), net of tax 179.1 179.1       179.1    
Net issuance of shares of treasury stock (net of tax) $ (0.2) (0.2)     $ (0.2)      
Repurchases of common stock (in shares) 500,000       500,000      
Repurchases of common stock $ (100.9) (100.9)     $ (100.9)      
Share-based compensation 18.8 18.8   18.8        
Cash dividends declared (107.0) (107.0)         (107.0)  
Ending balance (in shares) at Jun. 30, 2025     90,100,000          
Ending balance at Jun. 30, 2025 $ 4,010.4 4,011.6   884.5 $ (1,271.4) 48.2 4,350.3 (1.2)
Ending balance (in shares) at Jun. 30, 2025 14,700,000       14,700,000      
Beginning balance (in shares) at Mar. 31, 2025     90,100,000          
Beginning balance at Mar. 31, 2025 $ 3,905.9 3,906.6   879.3 $ (1,221.2) (77.2) 4,325.7 (0.7)
Beginning balance (in shares) at Mar. 31, 2025         14,400,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 131.1 131.6         131.6 (0.5)
Other comprehensive income (loss), net of tax 125.4 125.4       125.4    
Net issuance of shares of treasury stock (net of tax) (in shares)         (100,000)      
Net issuance of shares of treasury stock (net of tax) 0.3 0.3     $ 0.3      
Repurchases of common stock (in shares)         200,000      
Repurchases of common stock (50.5) (50.5)     $ (50.5)      
Share-based compensation 5.2 5.2   5.2        
Cash dividends declared (107.0) (107.0)         (107.0)  
Ending balance (in shares) at Jun. 30, 2025     90,100,000          
Ending balance at Jun. 30, 2025 $ 4,010.4 $ 4,011.6   $ 884.5 $ (1,271.4) $ 48.2 $ 4,350.3 $ (1.2)
Ending balance (in shares) at Jun. 30, 2025 14,700,000       14,700,000