XML 218 R51.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Earnings per Share (EPS) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
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:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
| (In millions, except per share data)
Basic EPS numerator: |  |  |  |  |
Income from continuing operations, net of income taxes | $ | 816.0 |  |  | $ | 1,317.4 |  |  | $ | 347.4 |
Less: Net income attributable to noncontrolling interests | 56.0 |  |  | 22.0 |  |  | 11.3 |
Income from continuing operations attributable to common stockholders | 760.0 |  |  | 1,295.4 |  |  | 336.1 |
(Loss) income from discontinued operations, net of income taxes | (0.4) |  |  | 1.7 |  |  | 24.0 |
Net income attributable to common stockholders | $ | 759.6 |  |  | $ | 1,297.1 |  |  | $ | 360.1 |
Diluted EPS numerator: |  |  |  |  |
Income from continuing operations, net of income taxes | $ | 816.0 |  |  | $ | 1,317.4 |  |  | $ | 347.4 |
Add: Tax adjusted interest expense related to 2028 Convertible Notes | 12.2 |  |  | 8.7 |  |  | — |
Less: Net income attributable to noncontrolling interests | 56.0 |  |  | 22.0 |  |  | 11.3 |
Income from continuing operations attributable to common stockholders | 772.2 |  |  | 1,304.1 |  |  | 336.1 |
(Loss) income from discontinued operations, net of income taxes | (0.4) |  |  | 1.7 |  |  | 24.0 |
Net income attributable to common stockholders | $ | 771.8 |  |  | $ | 1,305.8 |  |  | $ | 360.1 |
EPS denominator: |  |  |  |  |
Weighted average shares outstanding — basic | 137.6 |  |  | 142.1 |  |  | 111.1 |
Dilutive impact of share-based compensation awards | 0.6 |  |  | 1.6 |  |  | 0.9 |
Dilutive impact of 2028 Convertible Notes | 16.1 |  |  | 13.5 |  |  | — |
Weighted average shares outstanding — diluted | 154.3 |  |  | 157.2 |  |  | 112.0 |
Basic EPS attributable to common stockholders: |  |  |  |  |
Income from continuing operations | $ | 5.52 |  |  | $ | 9.12 |  |  | $ | 3.03 |
(Loss) income from discontinued operations | — |  |  | 0.01 |  |  | 0.21 |
Net income attributable to common stockholders | $ | 5.52 |  |  | $ | 9.13 |  |  | $ | 3.24 |
Diluted EPS attributable to common stockholders: |  |  |  |  |
Income from continuing operations | $ | 5.00 |  |  | $ | 8.29 |  |  | $ | 3.00 |
(Loss) income from discontinued operations | — |  |  | 0.02 |  |  | 0.22 |
Net income attributable to common stockholders | $ | 5.00 |  |  | $ | 8.31 |  |  | $ | 3.22 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration