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Earnings Per Share ("EPS")
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS") Earnings Per Share (“EPS”)
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2024202320242023
Net income (loss) available for common stockholders(a)
$176.8 $(478.9)$149.6 $(507.8)
Less: Distributions to holders of Series A Preferred Stock
2.2 2.2 4.4 4.4 
Net income (loss) available for common stockholders, basic(b)
$174.6 $(481.1)$145.2 $(512.2)
Weighted average shares for basic EPS165.9 165.0 165.7 164.8 
Dilutive potential shares from grants of RSUs and PRSUs(c)
0.8 — 0.7 — 
Dilutive potential shares issuable upon conversion of Series A Preferred Stock(d)
7.8 — 7.8 — 
Weighted average shares for diluted EPS(c)(d)
174.5 165.0 174.2 164.8 
(a)In 2024, Net income available for common stockholders for the calculation of diluted EPS.
(b)In 2023, Net loss available for common stockholders for the calculation of both basic and diluted EPS.
(c)The potential impact of 0.9 million granted RSUs and PRSUs in the three months ended June 30, 2024, 2.5 million granted RSUs and PRSUs in the three months ended June 30, 2023, 1.0 million granted RSUs and PRSUs in the six months ended June 30, 2024, and 2.1 million granted RSUs and PRSUs in the six months ended June 30, 2023, were antidilutive.
(d)The potential impact of 7.8 million shares of our common stock issuable upon conversion of the Series A Preferred Stock in the three and six months ended June 30, 2023, were antidilutive.