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v3.23.3

Segment Reporting - ADJ EBITDA Reconciliations (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Jun. 30, 2023 | Mar. 31, 2023 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Sep. 30, 2023 | Sep. 30, 2022
Net Income (Loss) Available to Common Stockholders, Basic | $ 219.0 |  |  | $ 225.2 |  |  | $ 580.5 | $ 598.5
Net (loss) income attributable to noncontrolling interest | 0.6 | $ (0.7) | $ 0.1 | 0.6 | $ 0.4 | $ 0.4 | 0.0 | 1.4
Preferred Stock Dividends, Income Statement Impact | 14.4 |  |  | 14.4 |  |  | 43.1 | 43.1
Provision for income taxes | 44.3 |  |  | 85.6 |  |  | 160.2 | 203.2
Interest Income (Expense), Nonoperating, Net | (98.5) |  |  | (75.1) |  |  | (292.3) | (207.1)
Depreciation and amortization | 45.1 |  |  | 42.7 |  |  | 136.4 | 135.6
Other Nonoperating Income (Expense) | (3.7) |  |  | (0.7) |  |  | (14.6) | (3.0)
StockBasedCompensationExpenseEBITDA | 10.8 |  |  | 8.4 |  |  | 32.1 | 30.4
MergerRelatedAndIntegrationCosts | 15.0 |  |  | 13.2 |  |  | 45.4 | 52.2
Restructuring Costs | 5.6 |  |  |  |  |  | 15.4 |
Adjusted EBITDA | 457.0 |  |  | 465.9 |  |  | 1,320.0 | 1,274.5
Stock-based compensation expense | $ 10.8 |  |  | 9.7 |  |  | 34.7 | 34.4
Adjusted EBITDA Margin % | 11.70% |  |  |  |  |  |  |
Merger Related Stock Based Compensation Expense |  |  |  | 1.3 |  |  | 2.6 | 4.1
EES |  |  |  |  |  |  |  |
Net Income (Loss) Available to Common Stockholders, Basic | $ 177.9 |  |  | 214.1 |  |  | 516.2 | 615.5
Net (loss) income attributable to noncontrolling interest | 0.0 |  |  | 0.2 |  |  | (0.8) | 0.6
Preferred Stock Dividends, Income Statement Impact | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Provision for income taxes | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Interest Income (Expense), Nonoperating, Net | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Depreciation and amortization | 10.9 |  |  | 9.6 |  |  | 32.3 | 32.8
Other Nonoperating Income (Expense) | 1.7 |  |  | 1.1 |  |  | 12.0 | (2.6)
StockBasedCompensationExpenseEBITDA | 1.0 |  |  | 3.0 |  |  | 3.8 | 7.3
MergerRelatedAndIntegrationCosts | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Restructuring Costs | 0.0 |  |  |  |  |  | 0.0 |
Adjusted EBITDA | $ 191.5 |  |  | $ 225.8 |  |  | $ 563.5 | $ 653.6
Adjusted EBITDA Margin % | 8.70% |  |  | 10.10% |  |  | 8.60% | 9.80%
CSS |  |  |  |  |  |  |  |
Net Income (Loss) Available to Common Stockholders, Basic | $ 146.0 |  |  | $ 138.7 |  |  | $ 413.6 | $ 373.1
Net (loss) income attributable to noncontrolling interest | 0.7 |  |  | 0.0 |  |  | 1.0 | 0.0
Preferred Stock Dividends, Income Statement Impact | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Provision for income taxes | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Interest Income (Expense), Nonoperating, Net | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Depreciation and amortization | 18.0 |  |  | 15.9 |  |  | 53.9 | 51.9
Other Nonoperating Income (Expense) | 9.7 |  |  | (0.3) |  |  | 38.2 | 0.7
StockBasedCompensationExpenseEBITDA | 1.1 |  |  | 1.5 |  |  | 3.8 | 3.8
MergerRelatedAndIntegrationCosts | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Restructuring Costs | 0.0 |  |  |  |  |  | 0.0 |
Adjusted EBITDA | $ 175.5 |  |  | $ 156.4 |  |  | $ 510.5 | $ 429.5
Adjusted EBITDA Margin % | 9.90% |  |  | 9.80% |  |  | 9.50% | 9.30%
UBS |  |  |  |  |  |  |  |
Net Income (Loss) Available to Common Stockholders, Basic | $ 188.7 |  |  | $ 180.4 |  |  | $ 552.1 | $ 472.1
Net (loss) income attributable to noncontrolling interest | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Preferred Stock Dividends, Income Statement Impact | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Provision for income taxes | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Interest Income (Expense), Nonoperating, Net | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Depreciation and amortization | 6.3 |  |  | 5.9 |  |  | 18.7 | 17.4
Other Nonoperating Income (Expense) | 0.6 |  |  | 1.1 |  |  | (0.5) | (0.5)
StockBasedCompensationExpenseEBITDA | 0.8 |  |  | 1.1 |  |  | 2.4 | 2.7
MergerRelatedAndIntegrationCosts | 0.0 |  |  | 0.0 |  |  | 0.0 | 0.0
Restructuring Costs | 0.0 |  |  |  |  |  | 0.0 |
Adjusted EBITDA | $ 196.4 |  |  | $ 186.3 |  |  | $ 572.7 | $ 491.7
Adjusted EBITDA Margin % | 11.70% |  |  | 11.60% |  |  | 11.40% | 10.80%
Corporate Segment |  |  |  |  |  |  |  |
Net Income (Loss) Available to Common Stockholders, Basic | $ (293.6) |  |  | $ (308.0) |  |  | $ (901.4) | $ (862.2)
Net (loss) income attributable to noncontrolling interest | (0.1) |  |  | 0.4 |  |  | (0.2) | 0.8
Preferred Stock Dividends, Income Statement Impact | 14.4 |  |  | 14.4 |  |  | 43.1 | 43.1
Provision for income taxes | 44.3 |  |  | 85.6 |  |  | 160.2 | 203.2
Interest Income (Expense), Nonoperating, Net | 98.5 |  |  | (75.1) |  |  | 292.3 | 207.1
Depreciation and amortization | 9.9 |  |  | 11.3 |  |  | 31.5 | 33.5
Other Nonoperating Income (Expense) | (8.3) |  |  | (2.6) |  |  | (35.1) | 5.4
StockBasedCompensationExpenseEBITDA | 7.9 |  |  | 2.8 |  |  | 22.1 | 16.6
MergerRelatedAndIntegrationCosts | 15.0 |  |  | 13.2 |  |  | 45.4 | 52.2
Restructuring Costs | 5.6 |  |  |  |  |  | 15.4 |
Adjusted EBITDA | $ (106.4) |  |  | $ (102.6) |  |  | $ (326.7) | $ (300.3)

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