Earnings (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following sets forth the computation of basic and diluted earnings (loss) per share under the two-class method for the years ended December 31:

(Millions, except per share data)	2025		2024		2023
Basic earnings (loss) per share:
Numerator:
Net income (loss) attributable to shareholders	$	1,304.7	$	93.4	$	(81.7)
Less: Income allocated to participating securities	(30.6)		(2.1)		(1.2)
Less: Dividends declared on Preferred Stock	(25.4)		—		—
Net income (loss) attributable to common shares	$	1,248.7	$	91.3	$	(82.9)
Denominator:
Weighted average common shares outstanding	181.6		143.1		142.5
Weighted average Warrants outstanding	7.4		—		—
Total basic weighted average common shares outstanding	189.0		143.1		142.5
Basic earnings (loss) per common share	$6.61		$0.64		$(0.58)
(Millions, except per share data)	2025		2024		2023
Diluted earnings (loss) per share:
Numerator:
Net income (loss) attributable to common shares	$	1,248.7	$	91.3	$	(82.9)
Add: Dividends declared on Preferred Stock	25.4		—		—
Add: Impact on if-converted dilutive securities	24.4		—		—
Net income (loss) attributable to common shares	$	1,298.5	$	91.3	$	(82.9)
Denominator:
Basic weighted average common shares outstanding	189.0		143.1		142.5
Add: Effect of dilutive non-participating securities	52.2		—		—
Add: Impact on if-converted dilutive securities	25.3		—		—
Total diluted weighted average common shares outstanding	266.5		143.1		142.5
Dilutive earnings (loss) per common share	$4.87		$0.64		$(0.58)