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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share Basic and Diluted
The following sets forth the computation of basic and diluted earnings per share under the two-class method:

 Three Months Ended
September 30,
Nine Months Ended
September 30,
(Millions, except per share data) 2025 202420252024
Basic earnings per share:   
Numerator:   
Net income attributable to shareholders $1,608.9 $12.2 $1,610.4 $71.8 
Less: Income allocated to participating securities (35.4) (0.3)(41.3)(1.5)
Less: Dividends declared on Preferred Stock (9.9) — (9.9)— 
Net income attributable to common shares $1,563.6  $11.9 $1,559.2 $70.3 
Denominator:    
Weighted-average common shares outstanding 203.6  143.2 163.9 143.0 
Weighted-average New Uniti Warrants outstanding11.6 — 3.9 — 
Total basic weighted-average common shares
   outstanding
215.2 143.2 167.8 143.0 
Basic earnings per common share $7.26  $0.08 $9.29 $0.49 

  Three Months Ended
September 30,
Nine Months Ended
September 30,
(Millions, except per share data) 2025 202420252024
Diluted earnings per share:   
Numerator:   
Net income attributable to common shares $1,563.6 $11.9 $1,559.2 $70.3 
Add: Dividends declared on Preferred Stock 9.9 — 9.9 — 
Add: Impact on if-converted dilutive securities 6.2 — 18.2 — 
Net income attributable to common shares $1,579.7  $11.9 $1,587.3 $70.3 
Denominator:    
Basic weighted-average common shares outstanding 215.2 143.2 167.8 143.0 
Add: Effect of dilutive non-participating securities 80.4  — 26.9 — 
Add: Impact on if-converted dilutive securities 25.3  — 25.3 — 
Total diluted weighted-average common shares
   outstanding
 320.9  143.2 220.0 143.0 
Dilutive earnings per common share $4.92  $0.08 $7.21 $0.49