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Consolidated and Combined Statements of Changes in Equity - USD ($)
shares in Millions, $ in Millions
Total
Ordinary shares
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Balance (in shares) at Dec. 31, 2022   165.3      
Beginning Balance at Dec. 31, 2022 $ 2,731.7 $ 1.7 $ 2,372.3 $ 457.3 $ (99.6)
Net income 567.1        
Other comprehensive income (loss), net of tax (4.4)       (4.4)
Dividends declared (119.1)     (119.1)  
Share repurchase (in shares)   (1.2)      
Share repurchases (58.8) $ 0.0 (58.8)    
Exercised (in shares)   0.4      
Exercise of options, net of shares tendered for payment 10.8   10.8    
Issuance of restricted shares, net of cancellations (in shares)   0.7      
Shares surrendered by employees to pay taxes (in shares)   (0.1)      
Shares surrendered by employees to pay taxes (8.7)   (8.7)    
Share-based compensation 23.5   23.5    
Balance (in shares) at Dec. 31, 2023   165.1      
Ending Balance at Dec. 31, 2023 3,142.1 $ 1.7 2,339.1 905.3 (104.0)
Net income 331.8     331.8  
Other comprehensive income (loss), net of tax (40.4)       (40.4)
Dividends declared $ (128.5)     (128.5)  
Share repurchase (in shares) (1.5) (1.5)      
Share repurchases $ (100.0) $ 0.0 (100.0)    
Exercised (in shares)   1.0      
Exercise of options, net of shares tendered for payment 16.7   16.7    
Issuance of restricted shares, net of cancellations (in shares)   0.6      
Shares surrendered by employees to pay taxes (in shares)   (0.2)      
Shares surrendered by employees to pay taxes (13.2)   (13.2)    
Share-based compensation 29.1   29.1    
Balance (in shares) at Dec. 31, 2024   165.0      
Ending Balance at Dec. 31, 2024 3,237.6 $ 1.7 2,271.7 1,108.6 (144.4)
Net income 710.2     710.2  
Other comprehensive income (loss), net of tax 113.2       113.2
Dividends declared $ (131.3)     (131.3)  
Share repurchase (in shares) (4.8) (4.8)      
Share repurchases $ (253.1) $ (0.1) (253.0)    
Exercised (in shares)   1.1      
Exercise of options, net of shares tendered for payment 25.9   25.9    
Issuance of restricted shares, net of cancellations (in shares)   0.6      
Shares surrendered by employees to pay taxes (in shares)   (0.2)      
Shares surrendered by employees to pay taxes (10.6)   (10.6)    
Share-based compensation 38.3   38.3    
Balance (in shares) at Dec. 31, 2025   161.7      
Ending Balance at Dec. 31, 2025 $ 3,730.2 $ 1.6 $ 2,072.3 $ 1,687.5 $ (31.2)