Share-Based Compensation Plans

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

(4) Share-Based Compensation Plans

During the three months ended March 31, 2025 and 2024, we recognized share-based compensation expense of $7.6 and $7.5, respectively. The expense relates to stock options, deferred stock units, restricted stock units, performance share units and savings-related share option scheme. We recognize share-based compensation expense in selling and administrative expenses on a straight-line basis over the service period of each award. Consideration received from share-based awards was none and $0.4 for the three months ended March 31, 2025 and 2024, respectively.

Our annual grant of share-based compensation generally takes place during the first quarter of each fiscal year. The number of equity-based shares granted to employees and members of our Board of Directors, as well as the weighted-average fair value per share, are as follows:


	For the Three Months Ended March 31,
	2025				2024
	Shares Granted (thousands)		Wtd.-Avg. Per Share Fair Value		Shares Granted (thousands)		Wtd.-Avg. Per Share Fair Value
Restricted Stock Units		424		49.08		333		63.82
Performance Share Units		215		58.36		179		71.16
Deferred Stock Units		19		57.72		16		79.47
Total Shares Granted		658	$	52.36		528	$	66.78