Three Months Ended

Nine Months Ended

September 30,

(in millions, except per share data)

2023

2022

2023

2022

Net income (loss) from continuing operations attributable to common shareholders

$

55.2

$

(120.9)

$

154.4

$

131.8

Income from discontinued operations, net of tax (Note 2)

—

61.6

52.1

172.1

Net income (loss) attributable to common shareholders

$

55.2

$

(59.3)

$

206.5

$

303.9

Average basic shares outstanding

56.8

56.1

56.7

56.5

Effect of dilutive share-based awards

0.7

—

0.7

0.8

Average diluted shares outstanding

57.5

56.1

57.4

57.3

Earnings (loss) per basic share:

Earnings (loss) per basic share from continuing operations

$

0.97

$

(2.16)

$

2.72

$

2.33

Earnings per basic share from discontinued operations

—

1.10

0.92

3.05

Earnings (loss) per basic share

$

0.97

$

(1.06)

$

3.64

$

5.38

Earnings (loss) per diluted share:

Earnings (loss) per diluted share from continuing operations

$

0.96

$

(2.16)

$

2.69

$

2.30

Earnings per diluted share from discontinued operations

—

1.10

0.91

3.00

Earnings (loss) per diluted share

$

0.96

$

(1.06)

$

3.60

$

5.30