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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Ordinary Share Capital
December 31, 2023December 31, 2022December 31, 2023December 31, 2022
No.No.MillionsMillions 
Authorized: 
Ordinary shares of £0.50 each
40,000,000 40,000,000 $35.7 (1)$35.7 (1)
40,000,000 40,000,000 $35.7 (1)$35.7 (1)
Allotted, called up and fully paid:
 
Ordinary shares of £0.50 each
28,944,000 28,944,000 $26.5 (1)$26.5 (1)
28,944,000 28,944,000 $26.5 (1)$26.5 (1)
(1)The Company's ordinary share capital is shown in U.S. dollars at the exchange rate prevailing at the month-end spot rate at the time of the share capital being issued.
Schedule of Treasury Shares
In millions
At January 1, 2022$(9.6)
Purchase of treasury shares(11.1)
Utilization of treasury shares0.3 
At December 31, 2022(20.4)
Purchase of treasury shares(2.7)
Utilization of treasury shares0.2 
At December 31, 2023$(22.9)
Schedule of Own Share Held by ESOP
In millions
At January 1, 2022$(1.1)
Utilization of ESOP shares0.1 
At December 31, 2022(1.0)
Utilization of ESOP shares0.1 
At December 31, 2023$(0.9)
The change in the number of shares held by the Trustees of the ESOP and the number of share options held over those shares are shown below:
Number of shares held by ESOP Trustees
£0.50 ordinary shares
At January 1, 2023721,261 
Shares utilized during the year(85,460)
At December 31, 2023635,801 
Schedule of Dividends Paid and Proposed
In millions202320222021
Dividends declared and paid during the year:
Interim dividend paid February 4, 2021 ($0.125 per ordinary share)
$ $— $3.4 
Interim dividend paid May 5, 2021 ($0.125 per ordinary share)
 — 3.4 
Interim dividend paid August 4, 2021 ($0.125 per ordinary share)
 — 3.4 
Interim dividend paid November 3, 2021 ($0.125 per ordinary share)
 — 3.4 
Interim dividend paid February 2, 2022 ($0.125 per ordinary share)
 3.4 — 
Interim dividend paid May 4, 2022 ($0.130 per ordinary share)
 3.6 — 
Interim dividend paid August 3, 2022 ($0.130 per ordinary share)
 3.6 — 
Interim dividend paid November 2, 2022 ($0.130 per ordinary share)
 3.6 — 
Interim dividend paid February 1, 2023 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid May 3, 2023 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid August 2, 2023 ($0.130 per ordinary share)
3.5 — — 
Interim dividend paid November 1, 2023 ($0.130 per ordinary share)
3.5 — — 
$14.0 $14.2 $13.6 

In millions202320222021
Dividends declared and paid after December 31 (not recognized as a liability at December 31):
Interim dividend paid February 2, 2022: ($0.125 per ordinary share)
$ $— $3.4 
Interim dividend paid February 1, 2023: ($0.130 per ordinary share)
 3.5 — 
Interim dividend paid February 7, 2024: ($0.130 per ordinary share)
3.5 — — 
$3.5 $3.5 $3.4