Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Stock Held By Employee Benefits Trusts
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2023   123.3            
Beginning Balance at Dec. 31, 2023 $ 4,552.4 $ 236.6 $ 1,761.3 $ 5,608.6 $ (431.2) $ (2,635.3) $ (5.9) $ 18.3
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 433.7     430.1       3.6
Other comprehensive income (loss) (34.3)       (33.9)     (0.4)
Shares issued under stock and benefit plans, net of minimum tax withholdings (in shares)   0.6            
Shares issued under stock and benefit plans, net of minimum tax withholdings 51.6   63.2     (11.6)    
Cash dividends (145.5)     (145.5)        
Dividends paid to employee benefits trusts 0.7   0.7          
Stock-based compensation expense 71.9   71.9          
Dividends paid to noncontrolling interests (4.4)             (4.4)
Ending Balance (in shares) at Sep. 30, 2024   123.9            
Ending Balance at Sep. 30, 2024 4,926.1 $ 236.6 1,897.1 5,893.2 (465.1) (2,646.9) (5.9) 17.1
Beginning Balance (in shares) at Jun. 30, 2024   123.7            
Beginning Balance at Jun. 30, 2024 4,712.8 $ 236.6 1,856.8 5,800.4 (544.3) (2,647.6) (5.9) 16.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 142.7     141.3       1.4
Other comprehensive income (loss) 79.1       79.2     (0.1)
Shares issued under stock and benefit plans, net of minimum tax withholdings (in shares)   0.2            
Shares issued under stock and benefit plans, net of minimum tax withholdings 29.1   28.4     0.7    
Cash dividends (48.5)     (48.5)        
Dividends paid to employee benefits trusts 0.2   0.2          
Stock-based compensation expense 11.7   11.7          
Dividends paid to noncontrolling interests (1.0)             (1.0)
Ending Balance (in shares) at Sep. 30, 2024   123.9            
Ending Balance at Sep. 30, 2024 4,926.1 $ 236.6 1,897.1 5,893.2 (465.1) (2,646.9) (5.9) 17.1
Beginning Balance (in shares) at Dec. 31, 2024   124.0            
Beginning Balance at Dec. 31, 2024 4,814.4 $ 236.6 1,915.2 6,018.6 (722.7) (2,644.9) (5.9) 17.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 488.2     484.5       3.7
Other comprehensive income (loss) 173.1       171.4     1.7
Shares issued under stock and benefit plans, net of minimum tax withholdings (in shares)   0.3            
Shares issued under stock and benefit plans, net of minimum tax withholdings 24.7   23.3     1.4    
Treasury stock purchased under share repurchase program, including brokerage commissions and excise taxes (in shares) [1]   (1.7)            
Treasury stock purchased under share repurchase program, including brokerage commissions and excise taxes [1] (430.9)         (430.9)    
Cash dividends (172.8)     (172.8)        
Dividends paid to employee benefits trusts 0.8   0.8          
Stock-based compensation expense 63.9   63.9          
Dividends paid to noncontrolling interests (4.2)             (4.2)
Ending Balance (in shares) at Sep. 30, 2025   122.6            
Ending Balance at Sep. 30, 2025 4,957.2 $ 236.6 2,003.2 6,330.3 (551.3) (3,074.4) (5.9) 18.7
Beginning Balance (in shares) at Jun. 30, 2025   123.8            
Beginning Balance at Jun. 30, 2025 5,119.7 $ 236.6 1,975.3 6,231.9 (559.8) (2,774.6) (5.9) 16.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 161.6     160.2       1.4
Other comprehensive income (loss) 9.6       8.5     1.1
Shares issued under stock and benefit plans, net of minimum tax withholdings 13.4   10.4     3.0    
Treasury stock purchased under share repurchase program, including brokerage commissions and excise taxes (in shares) [2]   (1.2)            
Treasury stock purchased under share repurchase program, including brokerage commissions and excise taxes [2] (302.8)         (302.8)    
Cash dividends (61.8)     (61.8)        
Dividends paid to employee benefits trusts 0.3   0.3          
Stock-based compensation expense 17.2   17.2          
Ending Balance (in shares) at Sep. 30, 2025   122.6            
Ending Balance at Sep. 30, 2025 $ 4,957.2 $ 236.6 $ 2,003.2 $ 6,330.3 $ (551.3) $ (3,074.4) $ (5.9) $ 18.7
[1] At September 30, 2025, approximately $2.6 billion was available for future purchases of common stock under our share repurchase authorization.
[2] At September 30, 2025, approximately $2.6 billion was available for future purchases of common stock under our share repurchase authorization.