XML 48 R33.htm IDEA: XBRL DOCUMENT v3.25.0.1
Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2024
Stockholders' Equity Note [Abstract]  
Schedule Of Activity In Our Various Shareholders' Equity
Activity in our various shareholders' equity accounts for the years ended December 31, 2024, 2023 and 2022 were as follows (in millions):
 Shares
Issued
Par ValueAdditional
Paid-in
Capital
WarrantsRetained Earnings (Deficit)AOCITreasury
Shares
Non-controlling
Interest
BALANCE, December 31, 2021
75.0 $0.8 $1,083.0 $16.4 $(16.4)$(9.1)$— $2.7 
Net income— — — — 176.5 — — 5.3 
Share-based compensation cost— — 17.4 — — — — — 
Shares issued under share-based compensation plans, net0.2 — — — — — — — 
Net changes in pension and other postretirement benefits— — — — — 23.8 — — 
Shares withheld for taxes on vesting of share-based awards— — (2.5)— — — — — 
BALANCE, December 31, 202275.2 $0.8 $1,097.9 $16.4 $160.1 $14.7 $— $8.0 
Net income— — — — 865.4 — — 1.4 
Share-based compensation cost— — 27.3 — — — — 
Shares issued under share-based compensation plans, net0.2 — — — — — — — 
Repurchase of Common Shares— — — — — — (200.1)— 
Net changes in pension and other postretirement benefits— — — — — 10.8 — — 
Shares withheld for taxes on vesting of share-based awards— — (5.4)— — — — — 
Foreign currency translation adjustments
— — — — — (0.3)— — 
BALANCE, December 31, 202375.4 $0.8 $1,119.8 $16.4 $1,025.5 $25.2 $(200.1)$9.4 
Net income (loss)— — — — 373.4 — — (3.6)
Share-based compensation cost— — 27.7 — — — — — 
Shares issued under share-based compensation plans, net0.8 — — — — — — — 
Repurchase of Common Shares— — — — — — (125.0)— 
Net changes in pension and other postretirement benefits— — — — — 10.9 — — 
Shares withheld for taxes on vesting of share-based awards— — (29.9)— — — — — 
Purchase of noncontrolling ownership interest in a non-U.S. subsidiary (1)
— — 4.1 — — — — (8.4)
Sale of noncontrolling ownership interest in a non-U.S. subsidiary (1)
— — (8.4)— — — — 8.4 
Foreign currency translation adjustments
— — — — — (1.9)— — 
BALANCE, December 31, 202476.2 $0.8 $1,113.3 $16.4 $1,398.9 $34.2 $(325.1)$5.8 

(1)In 2024, the Company purchased the 51% noncontrolling interest related to a certain non-U.S. subsidiary and concurrently transferred the 51% noncontrolling interest to new partners. The net transactions did not result in a change to our ownership or controlling interest in the non-U.S. subsidiary.
Schedule of Repurchase Agreements
The following table summarizes shares repurchase, aggregate cost (exclusive of fees) and the average per share price (in millions, except average per share price):
Years Ended December 31,
20242023
Shares repurchased (1)
2.2 3.0 
Aggregate cost
$125.0 $200.0 
Average price per share
$56.11 $66.77 

(1)There were no share repurchases during the year ended December 31, 2022.