Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Payment Arrangement Activity

We granted the following awards under our stock compensation plans during the periods presented (in millions, except per share data):

	Three Months Ended March 31,
	2025			2024
	Shares Granted	Weighted-average grant date fair value per share		Shares Granted	Weighted-average grant date fair value per share
Restricted stock units	2.2	$	6.17	1.0	$	13.30
Performance based restricted share unit awards	1.7	$	8.57	1.0	$	19.01
Total	3.9			2.0

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

Share-based compensation expense by award-type, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):

	Three Months Ended March 31,
	2025		2024
Restricted stock units	$	3.1	$	4.8
Performance based restricted share unit awards	3.9		8.3
Cash-settled restricted stock	—		1.1
Share-based compensation expense, before tax	7.0		14.2
Income tax benefit	(1.7)		(3.4)
Share-based compensation expense, after tax	$	5.3	$	10.8

Share-based compensation, net of estimated forfeitures, recognized in the condensed consolidated statement of operations for the periods presented was (in millions):

	Three Months Ended March 31,
	2025		2024
Cost of products	$	0.4	$	0.5
Selling, general and administrative expense	6.0		12.4
Research and development expense	0.1		0.5
Other venue expense	0.5		0.8
Share-based compensation expense, before tax	7.0		14.2
Income tax benefit	(1.7)		(3.4)
Share-based compensation expense, after tax	$	5.3	$	10.8