Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Income (Loss) Per Common Share

The following table sets forth the computation of basic and diluted net income (loss) per common share for the periods

ended:

	Year ended December 31,
	2025	2024	2023
	(in millions, except per share amounts)
Net income (loss)	$3,953.2	$(535.6)	$3,619.6
Basic weighted-average common shares outstanding	255.7	257.9	257.7
Effect of potentially dilutive securities:
Restricted stock units (including PSUs)	1.4	—	1.6
Stock options	0.9	—	1.2
Diluted weighted-average common shares outstanding	258.0	257.9	260.5
Basic net income (loss) per common share	$15.46	$(2.08)	$14.05
Diluted net income (loss) per common share	$15.32	$(2.08)	$13.89

Schedule of Potential Gross Common Equivalent Shares

During the three years ended December 31, 2025, the number of anti-dilutive securities that were excluded from the

computation of our diluted net income (loss) per common share were as follows:

	Year ended December 31,
	2025	2024	2023
	(in millions)
Unvested restricted stock units (including PSUs)	0.2	0.8	0.1
Stock options	—	0.4	—