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Earnings per Share (EPS) (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Earnings Allocation Method Utilized in the Calculation of Basic and Diluted EPS | The following illustrates the earnings allocation method utilized in the calculation of basic and diluted EPS.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (In millions, except per share data)
Basic EPS numerator: |  |  |  |  |  |  |
Income (loss) from continuing operations, net of income taxes | $ | 384.4 |  |  | $ | (59.6) |  |  | $ | 675.9 |  |  | $ | (160.3) |
Less: Net income attributable to noncontrolling interests | 8.5 |  |  | 8.9 |  |  | 8.5 |  |  | 12.6 |
Income (loss) from continuing operations attributable to common stockholders | 375.9 |  |  | (68.5) |  |  | 667.4 |  |  | (172.9) |
(Loss) income from discontinued operations, net of income taxes | (0.8) |  |  | 24.3 |  |  | (2.3) |  |  | 20.0 |
Net income (loss) attributable to common stockholders | $ | 375.1 |  |  | $ | (44.2) |  |  | $ | 665.1 |  |  | $ | (152.9) |
Diluted EPS numerator: |  |  |  |  |  |  |
Income (loss) from continuing operations, net of income taxes | $ | 384.4 |  |  | $ | (59.6) |  |  | $ | 675.9 |  |  | $ | (160.3) |
Add: Tax adjusted interest expense related to 2028 Convertible Notes | 2.6 |  |  | — |  |  | 6.1 |  |  | — |
Less: Net income attributable to noncontrolling interests | 8.5 |  |  | 8.9 |  |  | 8.5 |  |  | 12.6 |
Income (loss) from continuing operations attributable to common stockholders | 378.5 |  |  | (68.5) |  |  | 673.5 |  |  | (172.9) |
(Loss) income from discontinued operations, net of income taxes | (0.8) |  |  | 24.3 |  |  | (2.3) |  |  | 20.0 |
Net income (loss) attributable to common stockholders | $ | 377.7 |  |  | $ | (44.2) |  |  | $ | 671.2 |  |  | $ | (152.9) |
EPS denominator: |  |  |  |  |  |  |
Weighted average shares outstanding — basic | 144.1 |  |  | 114.9 |  |  | 141.4 |  |  | 104.9 |
Dilutive impact of share-based compensation awards | 1.7 |  |  | — |  |  | 1.6 |  |  | — |
Dilutive impact of 2028 Convertible Notes | 16.1 |  |  | — |  |  | 12.6 |  |  | — |
Weighted average shares outstanding — diluted | 161.9 |  |  | 114.9 |  |  | 155.6 |  |  | 104.9 |
Basic EPS attributable to common stockholders: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 2.61 |  |  | $ | (0.60) |  |  | $ | 4.72 |  |  | $ | (1.65) |
(Loss) income from discontinued operations | (0.01) |  |  | 0.22 |  |  | (0.02) |  |  | 0.19 |
Net income (loss) attributable to common stockholders | $ | 2.60 |  |  | $ | (0.38) |  |  | $ | 4.70 |  |  | $ | (1.46) |
Diluted EPS attributable to common stockholders: |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | 2.34 |  |  | $ | (0.60) |  |  | $ | 4.33 |  |  | $ | (1.65) |
(Loss) income from discontinued operations | (0.01) |  |  | 0.22 |  |  | (0.02) |  |  | 0.19 |
Net income (loss) attributable to common stockholders | $ | 2.33 |  |  | $ | (0.38) |  |  | $ | 4.31 |  |  | $ | (1.46) |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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