XML 21 R7.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Common stock
Common Class A
Common stock
Common Class B
Common stock
Exchangeable Class A
Common stock
Exchangeable Class B
Paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Common stock held in treasury Class B
Noncontrolling interest
[1]
Beginning balance at Dec. 31, 2022 $ 12,915.2 $ 0.0 $ 2.1 $ 102.2 $ 413.3 $ 7,006.4 $ 6,894.1 $ (1,205.5) $ (522.9) $ 225.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares 0.0     (1.4) (57.3) 58.7        
Shares issued under equity compensation plan 0.6         0.6        
Amortization of share-based compensation 34.1         34.1        
Deconsolidation of VIE (8.8)                 (8.8)
Net income (loss) including noncontrolling interests 851.2           845.6     5.6
Other comprehensive income (loss), net of tax 7.0             6.9   0.1
Share repurchase program (61.2)               (61.2)  
Contributions from noncontrolling interests 2.4                 2.4
Distributions and dividends to noncontrolling interests (11.0)                 (11.0)
Dividends declared (269.7)           (269.7)      
Ending balance at Sep. 30, 2023 13,459.8 0.0 2.1 100.8 356.0 7,099.8 7,470.0 (1,198.6) (584.1) 213.8
Beginning balance at Jun. 30, 2023 13,256.9 0.0 2.1 102.2 380.7 7,059.5 7,129.3 (1,093.4) (549.6) 226.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares 0.0     (1.4) (24.7) 26.1        
Shares issued under equity compensation plan 0.4         0.4        
Amortization of share-based compensation 13.8         13.8        
Deconsolidation of VIE (8.8)                 (8.8)
Net income (loss) including noncontrolling interests 431.9           430.7     1.2
Other comprehensive income (loss), net of tax (105.9)             (105.2)   (0.7)
Share repurchase program (34.5)               (34.5)  
Distributions and dividends to noncontrolling interests (4.0)                 (4.0)
Dividends declared (90.0)           (90.0)      
Ending balance at Sep. 30, 2023 13,459.8 0.0 2.1 100.8 356.0 7,099.8 7,470.0 (1,198.6) (584.1) 213.8
Beginning balance at Dec. 31, 2023 13,407.2 0.0 2.1 100.8 352.3 7,108.4 7,484.3 (1,116.3) (735.6) 211.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares 0.0       (81.2) 81.2        
Shares issued under equity compensation plan (13.3)         (13.3)        
Amortization of share-based compensation 34.6         34.6        
Purchase of noncontrolling interest (0.1)         0.1       (0.2)
Net income (loss) including noncontrolling interests 865.7           834.6     31.1
Other comprehensive income (loss), net of tax 12.7             12.7   0.0
Share repurchase program (437.2)               (437.2)  
Contributions from noncontrolling interests 2.7                 2.7
Distributions and dividends to noncontrolling interests (2.8)                 (2.8)
Reclassification of mandatorily redeemable noncontrolling interest to accounts payable and other current liabilities (49.2)                 (45.7)
Reclassification of noncontrolling interests to redeemable noncontrolling interests [1] (16.1)                  
Dividends declared (278.7)           (278.7)      
Ending balance at Sep. 30, 2024 13,525.5 0.0 2.1 100.8 271.1 7,211.0 8,040.2 (1,107.1) (1,172.8) 180.2
Beginning balance at Jun. 30, 2024 13,389.0 0.0 2.1 100.8 352.3 7,119.4 7,932.4 (1,217.3) (1,110.1) 209.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Exchange of shares 0.0       (81.2) 81.2        
Shares issued under equity compensation plan (0.1)         (0.1)        
Amortization of share-based compensation 10.4         10.4        
Purchase of noncontrolling interest 0.0         0.1       (0.1)
Net income (loss) including noncontrolling interests 229.5           199.8     29.7
Other comprehensive income (loss), net of tax 114.0             113.7   0.3
Share repurchase program (62.7)               (62.7)  
Contributions from noncontrolling interests 2.7                 2.7
Reclassification of mandatorily redeemable noncontrolling interest to accounts payable and other current liabilities (49.2)             (3.5)   (45.7)
Reclassification of noncontrolling interests to redeemable noncontrolling interests (16.1)                 (16.1)
Dividends declared (92.0)           (92.0)      
Ending balance at Sep. 30, 2024 $ 13,525.5 $ 0.0 $ 2.1 $ 100.8 $ 271.1 $ 7,211.0 $ 8,040.2 $ (1,107.1) $ (1,172.8) $ 180.2
[1] All activity included in the noncontrolling interests column of the unaudited condensed consolidated statements of stockholder's equity and noncontrolling interests excludes activity from our redeemable noncontrolling interest.