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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Additional Paid-In Capital
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock at Cost
Non- controlling Interests
Beginning balance at Dec. 31, 2021 $ 3,710.6 $ (76.1) $ 0.6 $ 651.6 $ (80.6) $ (87.9) $ 4,569.5 $ 4.5 $ (2,347.4) $ 924.2
Increase (Decrease) in Stockholders' Equity                    
Net income 392.6           255.4     137.2
Other comprehensive income (loss), net of tax (85.8)         (57.8)       (28.0)
Share-based compensation 29.8     29.8            
Common stock issued under share-based incentive plans (12.3)     (30.1)         17.8  
Share repurchases (264.6)               (264.6)  
Dividends (0.9)           (0.9)      
Affiliate equity activity:                    
Affiliate equity compensation 29.6     3.0           26.6
Issuances 15.7     (6.8)           22.5
Purchases (2.4)     (2.0)           (0.4)
Changes in redemption value of Redeemable non-controlling interests 86.9     86.9            
Transfers to Redeemable non-controlling interests (1.8)                 (1.8)
Capital contributions and other 34.3                 34.3
Distributions to non-controlling interests (211.8)                 (211.8)
Ending balance at Jun. 30, 2022 3,643.8   0.6 651.8   (145.7) 4,828.5   (2,594.2) 902.8
Beginning balance at Mar. 31, 2022 3,593.2   0.6 557.4   (93.2) 4,719.4   (2,515.4) 924.4
Increase (Decrease) in Stockholders' Equity                    
Net income 174.0           109.4     64.6
Other comprehensive income (loss), net of tax (74.0)         (52.5)       (21.5)
Share-based compensation 15.1     15.1            
Common stock issued under share-based incentive plans 1.0     (0.2)         1.2  
Share repurchases (80.0)               (80.0)  
Dividends (0.3)           (0.3)      
Affiliate equity activity:                    
Affiliate equity compensation 14.1     2.0           12.1
Issuances 1.5     0.1           1.4
Purchases 0.0     (2.5)           2.5
Changes in redemption value of Redeemable non-controlling interests 79.9     79.9            
Transfers to Redeemable non-controlling interests (1.8)                 (1.8)
Capital contributions and other 10.4                 10.4
Distributions to non-controlling interests (89.3)                 (89.3)
Ending balance at Jun. 30, 2022 3,643.8   0.6 651.8   (145.7) 4,828.5   (2,594.2) 902.8
Beginning balance at Dec. 31, 2022 4,175.6   0.6 695.5   (203.4) 5,718.2   (2,980.6) 945.3
Increase (Decrease) in Stockholders' Equity                    
Net income 375.9           259.8     116.1
Other comprehensive income (loss), net of tax 51.8         42.2       9.6
Share-based compensation 29.4     29.4            
Common stock issued under share-based incentive plans (25.2)     (39.3)         14.1  
Share repurchases (44.9)     59.1         (104.0)  
Dividends (0.8)           (0.8)      
Affiliate equity activity:                    
Affiliate equity compensation 28.6     6.7           21.9
Issuances 14.7     (8.3)           23.0
Purchases 4.5     6.0           (1.5)
Changes in redemption value of Redeemable non-controlling interests (97.2)     (97.2)            
Transfers to Redeemable non-controlling interests (0.1)                 (0.1)
Capital contributions and other 12.5                 12.5
Distributions to non-controlling interests (156.4)                 (156.4)
Ending balance at Jun. 30, 2023 4,368.4   0.6 651.9   (161.2) 5,977.2   (3,070.5) 970.4
Beginning balance at Mar. 31, 2023 4,219.4   0.6 563.9   (178.3) 5,852.3   (2,966.6) 947.5
Increase (Decrease) in Stockholders' Equity                    
Net income 187.4           125.3     62.1
Other comprehensive income (loss), net of tax 24.4         17.1       7.3
Share-based compensation 14.7     14.7            
Common stock issued under share-based incentive plans (0.1)     (0.2)         0.1  
Share repurchases (44.9)     59.1         (104.0)  
Dividends (0.4)           (0.4)      
Affiliate equity activity:                    
Affiliate equity compensation 18.2     7.6           10.6
Issuances 1.4     (4.5)           5.9
Purchases 5.0     6.8           (1.8)
Changes in redemption value of Redeemable non-controlling interests 4.5     4.5            
Transfers to Redeemable non-controlling interests (0.1)                 (0.1)
Capital contributions and other 15.8                 15.8
Distributions to non-controlling interests (76.9)                 (76.9)
Ending balance at Jun. 30, 2023 $ 4,368.4   $ 0.6 $ 651.9   $ (161.2) $ 5,977.2   $ (3,070.5) $ 970.4