EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Reconciliation of basic and diluted net income per common share

The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2024, 2023, and 2022 (in millions, except per share data):

	Year Ended December 31,
	2024		2023		2022
Basic earnings per share numerator:
Net income	$	764.9	$	761.4	$	235.0
Net income allocated to participating securities	(3.9)		(3.9)		(0.9)
Net income allocated to common stockholders	$	761.0	$	757.5	$	234.1
Basic earnings per share denominator:
Weighted average shares outstanding	105.1		105.8		106.3
Basic earnings per share	$	7.24	$	7.16	$	2.20
Diluted earnings per share numerator:
Net income	$	764.9	$	761.4	$	235.0
Net income allocated to participating securities	(3.9)		(3.9)		(0.9)
Net income allocated to common stockholders	$	761.0	$	757.5	$	234.1
Diluted earnings per share denominator:
Weighted average shares outstanding	105.1		105.8		106.3
Dilutive common shares issued under stock program	0.4		0.4		0.4
Total dilutive weighted average shares	105.5		106.2		106.7
Diluted earnings per share	$	7.21	$	7.13	$	2.19