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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings (Loss) Per Share The following is a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per
share available to common stockholders:
 
For the Three Months
Ended March 31,
 
2023
2024
Numerator
 
 
Net income (controlling interest)
$134.5
$149.8
Income from hypothetical settlement of Redeemable non-controlling interests, net of taxes
0.7
13.0
Interest expense on junior convertible securities, net of taxes
3.4
3.4
Net income (controlling interest), as adjusted
$138.6
$166.2
Denominator
 
 
Average shares outstanding (basic)
35.9
32.8
Effect of dilutive instruments:
 
 
Stock options and restricted stock units
2.0
2.0
Hypothetical issuance of shares to settle Redeemable non-controlling interests
0.3
3.6
Junior convertible securities
1.7
1.7
Average shares outstanding (diluted)
39.9
40.1
Schedule of Shares Excluded from Calculation of Basic and Diluted Earnings (Loss) Per Share The following
is a summary of items excluded from the denominator in the table above:
 
For the Three Months
Ended March 31,
 
2023
2024
Stock options and restricted stock units
0.4
0.4
Shares issuable to settle Redeemable non-controlling interests
4.2
0.5