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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance at Dec. 31, 2022 $ 2,684.3 $ 0.4 $ 0.0 $ 1,850.2 $ (19.3) $ 902.2 $ (58.0) $ 8.8
Beginning balance (shares) at Dec. 31, 2022   42,560,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2022     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income (14.3)         (15.0)   0.7
Other comprehensive (loss) income 4.1           4.1  
Common stock issuance, net of equity issuance costs (shares)   110,000            
Common stock issuance, net of equity issuance costs 11.7     11.7        
Share-based compensation expense 4.0     4.0        
Common stock issued from share-based compensation plans (shares)   80,000.00            
Common stock issued from share-based compensation plans 0.1     0.1        
Common stock repurchases from share-based compensation plans (shares)   (20,000.00)            
Common stock repurchases from share-based compensation plans (2.6)     (2.6)        
Preferred stock dividend (6.9)         (6.9)    
Purchase of noncontrolling interest 26.5             26.5
Other 0.0         (0.2)   0.2
Ending balance at Mar. 31, 2023 2,706.9 $ 0.4 $ 0.0 1,863.4 (19.3) 880.1 (53.9) 36.2
Ending balance (shares) at Mar. 31, 2023   42,730,000            
Preferred stock, ending balance (shares) at Mar. 31, 2023     400,000          
Beginning balance at Dec. 31, 2022 2,684.3 $ 0.4 $ 0.0 1,850.2 (19.3) 902.2 (58.0) 8.8
Beginning balance (shares) at Dec. 31, 2022   42,560,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2022     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income 3.5              
Other comprehensive (loss) income (45.9)              
Ending balance at Sep. 30, 2023 2,757.5 $ 0.4 $ 0.0 1,869.0 (19.3) 879.1 (103.3) 131.6
Ending balance (shares) at Sep. 30, 2023   42,750,000            
Preferred stock, ending balance (shares) at Sep. 30, 2023     400,000          
Beginning balance at Mar. 31, 2023 2,706.9 $ 0.4 $ 0.0 1,863.4 (19.3) 880.1 (53.9) 36.2
Beginning balance (shares) at Mar. 31, 2023   42,730,000            
Preferred stock, beginning balance (shares) at Mar. 31, 2023     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income 12.1         9.1   3.0
Other comprehensive (loss) income (2.1)           (1.5) (0.6)
Share-based compensation expense 2.6     2.6        
Common stock issued from share-based compensation plans 0.1     0.1        
Common stock repurchases from share-based compensation plans (0.1)     (0.1)        
Preferred stock dividend (6.8)         (6.8)    
Dividend distribution to noncontrolling interest (8.4)             (8.4)
Purchase of noncontrolling interest 102.8             102.8
Other 0.1         0.1    
Ending balance at Jun. 30, 2023 2,807.2 $ 0.4 $ 0.0 1,866.0 (19.3) 882.5 (55.4) 133.0
Ending balance (shares) at Jun. 30, 2023   42,730,000            
Preferred stock, ending balance (shares) at Jun. 30, 2023     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income 5.7         3.4   2.3
Other comprehensive (loss) income (47.8)           (47.9) 0.1
Share-based compensation expense 2.6     2.6        
Common stock issued from share-based compensation plans (shares)   20,000.00            
Common stock issued from share-based compensation plans 0.7     0.7        
Common stock repurchases from share-based compensation plans (0.3)     (0.3)        
Preferred stock dividend (6.8)         (6.8)    
Other (3.8)             (3.8)
Ending balance at Sep. 30, 2023 2,757.5 $ 0.4 $ 0.0 1,869.0 (19.3) 879.1 (103.3) 131.6
Ending balance (shares) at Sep. 30, 2023   42,750,000            
Preferred stock, ending balance (shares) at Sep. 30, 2023     400,000          
Beginning balance at Dec. 31, 2023 $ 2,939.0 $ 0.4 $ 0.0 1,872.5 (19.3) 922.1 10.8 152.5
Beginning balance (shares) at Dec. 31, 2023 42,754,241 42,750,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2023 402,500   400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income $ 14.6         11.3   3.3
Other comprehensive (loss) income (55.7)           (55.7)  
Share-based compensation expense 6.0     6.0        
Common stock issued from share-based compensation plans (shares)   70,000.00            
Common stock issued from share-based compensation plans 0.3     0.3        
Common stock repurchases from share-based compensation plans (shares)   (20,000.00)            
Common stock repurchases from share-based compensation plans (3.0)     (3.0)        
Preferred stock dividend (6.8)         (6.8)    
Other (0.1)         (0.1)    
Ending balance at Mar. 31, 2024 2,894.3 $ 0.4 $ 0.0 1,875.8 (19.3) 926.5 (44.9) 155.8
Ending balance (shares) at Mar. 31, 2024   42,800,000            
Preferred stock, ending balance (shares) at Mar. 31, 2024     400,000          
Beginning balance at Dec. 31, 2023 $ 2,939.0 $ 0.4 $ 0.0 1,872.5 (19.3) 922.1 10.8 152.5
Beginning balance (shares) at Dec. 31, 2023 42,754,241 42,750,000            
Preferred stock, beginning balance (shares) at Dec. 31, 2023 402,500   400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income $ 150.2              
Other comprehensive (loss) income 55.5              
Ending balance at Sep. 30, 2024 $ 3,135.4 $ 0.4 $ 0.0 1,883.6 (19.3) 1,040.6 65.9 164.2
Ending balance (shares) at Sep. 30, 2024 42,809,385 42,810,000            
Preferred stock, ending balance (shares) at Sep. 30, 2024 402,500   400,000          
Beginning balance at Mar. 31, 2024 $ 2,894.3 $ 0.4 $ 0.0 1,875.8 (19.3) 926.5 (44.9) 155.8
Beginning balance (shares) at Mar. 31, 2024   42,800,000            
Preferred stock, beginning balance (shares) at Mar. 31, 2024     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income 62.9         58.6   4.3
Other comprehensive (loss) income (45.2)           (45.1) (0.1)
Share-based compensation expense 4.1     4.1        
Common stock issued from share-based compensation plans 0.1     0.1        
Common stock repurchases from share-based compensation plans (0.2)     (0.2)        
Preferred stock dividend (6.8)         (6.8)    
Other (0.1)     (0.1)        
Ending balance at Jun. 30, 2024 2,909.1 $ 0.4 $ 0.0 1,879.7 (19.3) 978.3 (90.0) 160.0
Ending balance (shares) at Jun. 30, 2024   42,800,000            
Preferred stock, ending balance (shares) at Jun. 30, 2024     400,000          
Increase (Decrease) in Stockholders' Equity                
Net (loss) income 72.7         69.0   3.7
Other comprehensive (loss) income 156.4           155.9 0.5
Share-based compensation expense 4.2     4.2        
Common stock issued from share-based compensation plans (shares)   10,000.00            
Common stock repurchases from share-based compensation plans (0.3)     (0.3)        
Preferred stock dividend (6.8)         (6.8)    
Other 0.1         0.1    
Ending balance at Sep. 30, 2024 $ 3,135.4 $ 0.4 $ 0.0 $ 1,883.6 $ (19.3) $ 1,040.6 $ 65.9 $ 164.2
Ending balance (shares) at Sep. 30, 2024 42,809,385 42,810,000            
Preferred stock, ending balance (shares) at Sep. 30, 2024 402,500   400,000