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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Common Stock, $0.10 Par Value
Capital In Excess of Par
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Non-controlling Interest
Beginning balance at Dec. 31, 2023 $ 4,433.4 $ 18.6 $ 935.6 $ 6,587.1 $ (406.5) $ (2,723.9) $ 22.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (3.1)     (2.7)     (0.4)
Stock compensation plans 8.2   6.8     1.4  
Shares for benefit plan trust (1.7)         (1.7)  
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [1] 2.5       2.5    
Net hedging gains (losses) and other, net of income tax [1] (14.5)       (14.5)    
Foreign currency translation adjustments [1] (36.7)       (36.0)   (0.7)
Dividends (72.6)     (72.6)      
Repurchases of common stock (0.5)         (0.5)  
Ending balance at Mar. 31, 2024 4,315.0 18.6 942.4 6,511.8 (454.5) (2,724.7) 21.4
Beginning balance at Dec. 31, 2023 4,433.4 18.6 935.6 6,587.1 (406.5) (2,723.9) 22.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 357.7            
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax 7.6            
Foreign currency translation adjustments [2] 8.2            
Ending balance at Sep. 30, 2024 4,630.1 18.6 960.9 6,726.4 (373.4) (2,724.7) 22.3
Beginning balance at Mar. 31, 2024 4,315.0 18.6 942.4 6,511.8 (454.5) (2,724.7) 21.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 295.2     295.1     0.1
Stock compensation plans 13.2   13.2        
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [1] 2.5       2.5    
Net hedging gains (losses) and other, net of income tax [1] 36.7       36.7    
Foreign currency translation adjustments [1] (9.2)       (9.0)   (0.2)
Dividends (72.7)     (72.7)      
Ending balance at Jun. 30, 2024 4,580.7 18.6 955.6 6,734.2 (424.3) (2,724.7) 21.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 65.6     65.0     0.6
Stock compensation plans 5.3   5.3     0.0  
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [1] 2.6       2.6    
Net hedging gains (losses) and other, net of income tax [1] (4.7)       (4.7)    
Foreign currency translation adjustments [1] 54.1 [2]       53.0   1.1
Dividends (72.8)     (72.8)      
Distributions to noncontrolling interests (0.7)           (0.7)
Ending balance at Sep. 30, 2024 4,630.1 18.6 960.9 6,726.4 (373.4) (2,724.7) 22.3
Beginning balance at Dec. 31, 2024 4,508.8 18.6 966.5 6,637.5 (410.6) (2,724.5) 21.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (15.6)     (15.5)     (0.1)
Stock compensation plans 4.5   2.9     1.6  
Shares for benefit plan trust (0.1)         (0.1)  
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [3] 2.5       2.5    
Net hedging gains (losses) and other, net of income tax [3] (13.4)       (13.4)    
Foreign currency translation adjustments [3] 6.7       6.4   0.3
Dividends (72.8)     (72.8)      
Repurchases of common stock (1.4)         (1.4)  
Acquisitions of noncontrolling interest [4] (7.6)   (15.7)       8.1
Ending balance at Mar. 31, 2025 4,411.6 18.6 953.7 6,549.2 (415.1) (2,724.4) 29.6
Beginning balance at Dec. 31, 2024 4,508.8 18.6 966.5 6,637.5 (410.6) (2,724.5) 21.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (516.4)            
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax 7.4            
Foreign currency translation adjustments [2] 41.0            
Ending balance at Sep. 30, 2025 3,800.8 18.6 966.2 5,900.9 (391.3) (2,720.6) 27.0
Beginning balance at Mar. 31, 2025 4,411.6 18.6 953.7 6,549.2 (415.1) (2,724.4) 29.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) 67.8     66.7     1.1
Stock compensation plans 6.9   6.9        
Shares for benefit plan trust 3.8         3.8  
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [3] 2.7       2.7    
Net hedging gains (losses) and other, net of income tax [3] (24.5)       (24.5)    
Foreign currency translation adjustments [3] 33.6       33.2   0.4
Dividends (72.8)     (72.8)      
Acquisitions of noncontrolling interest [4] (1.0)   (1.0)        
Ending balance at Jun. 30, 2025 4,428.1 18.6 959.6 6,543.1 (403.7) (2,720.6) 31.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (568.6)     (569.3)     0.7
Stock compensation plans 6.6   6.6     0.0  
Net pension and other benefit actuarial gains (losses) and prior service costs, net of income tax [3] 2.2       2.2    
Net hedging gains (losses) and other, net of income tax [3] 9.7       9.7    
Foreign currency translation adjustments [3] 0.7 [2]       0.5   0.2
Dividends (72.9)     (72.9)      
Distributions to noncontrolling interests (5.0)           (5.0)
Ending balance at Sep. 30, 2025 $ 3,800.8 $ 18.6 $ 966.2 $ 5,900.9 $ (391.3) $ (2,720.6) $ 27.0
[1] See consolidated statements of comprehensive income (loss).
[2] Income taxes are not provided for foreign currency translation because the related investments are essentially permanent in duration.
[3] See consolidated statements of comprehensive income (loss).
[4] See Note 13 for more detail on transactions with noncontrolling interest.