Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2025

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, 2025, 2024 and 2023 were as follows (in millions):


	Shares Issued	Par Value		Additional Paid-in Capital		Warrants		Retained Earnings		AOCI		Treasury Shares		Non-controlling Interest










BALANCE, December 31, 2022	75.2	$	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, net	0.2	—		—		—		—		—		—		—
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, 2023	75.4	$	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, net	0.8	—		—		—		—		—		—		—
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, 2024	76.2	$	0.8	$	1,113.3	$	16.4	$	1,398.9	$	34.2	$	(325.1)	$	5.8
Net income (loss)	—	—		—		—		982.8		—		—		(3.7)
Share-based compensation cost	—	—		25.2		—		—		—		—		—
Shares issued under share-based compensation plans, net	0.2	—		—		—		—		—		—		—
Repurchase of Common Shares	—	—		—		—		—		—		(100.0)		—
Net changes in pension and other postretirement benefits	—	—		—		—		—		24.5		—		—
Shares withheld for taxes on vesting of share-based awards	—	—		(3.6)		—		—		—		—		—
Foreign currency translation adjustments	—	—		—		—		—		2.2		—		—

BALANCE, December 31, 2025	76.4	0.8		1,134.9		16.4		2,381.7		60.9		(425.1)		2.1

(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 repurchases, aggregate cost and the average per share price (in millions, except average per share price):


	Years Ended December 31,
	2025		2024		2023
Shares repurchased	2.0		2.2		3.0
Aggregate cost	$	100.0	$	125.0	$	200.0
Average price per share	$	49.78	$	56.11	$	66.77