v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
RON in Millions, $ in Millions
USD ($)
Capital stock
USD ($)
Treasury stock
USD ($)
Additional paid-in capital
USD ($)
Retained earnings (accumulated deficit)
USD ($)
Retained earnings (accumulated deficit)
RON
Accumulated other comprehensive income (loss)
USD ($)
 [1]
Beginning balance at Dec. 31, 2024 $ 1,896.0 $ 1,632.8 $ (92.9) $ 797.5 $ (423.8)   $ (17.6)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of capital stock 0.0 5.1   (5.1)      
Repurchase of capital stock for cancellation [2] (76.2) (9.2)   (67.0)      
Purchase of treasury stock for SBC plans (221.6)   (221.6)        
SBC (129.5)   108.9 (238.4)      
Net earnings for the period 86.2       86.2    
Other comprehensive income (loss) 1.9           1.9
Ending balance at Mar. 31, 2025 1,556.8 1,628.7 (205.6) 487.0 (337.6)   (15.7)
Beginning balance at Dec. 31, 2025 2,216.3 1,619.8 (153.8) 343.3 408.7   (1.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of capital stock 0.0 4.9   (4.9)      
Repurchase of capital stock for cancellation (20.0) (1.0)   (19.0)      
SBC (294.3)   132.9 (319.4)   RON (107.8)  
Net earnings for the period 212.3       212.3    
Other comprehensive income (loss) (16.1)           (16.1)
Ending balance at Mar. 31, 2026 $ 2,098.2 $ 1,623.7 $ (20.9) $ 0.0 $ 513.2   $ (17.8)
[1]
(a)    Accumulated other comprehensive income (loss) is net of tax (see note 9).
[2]
(b)    Consists of $75.0 paid to repurchase common shares for cancellation during the first quarter of 2025 and accrued share buyback taxes (see note 8).