Quarterly report [Sections 13 or 15(d)]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Reconciliation of Weighted-Average Outstanding Shares used in Calculations of Basic and Diluted EPS A reconciliation of the weighted-average outstanding shares used in the two calculations is as follows: 
  Three Months Ended March 31,
  2026 2025
  (In millions)
Weighted-average shares outstanding (basic) 120.0  124.1 
Effect of dilutive securities:  
Stock options and restricted stock units 0.8  1.0 
Weighted-average shares outstanding (diluted) 120.8  125.1 
Schedule of Rollforward of Allowance for Doubtful Accounts Below is a rollforward of our allowance for doubtful accounts for the three months ended March 31, 2026 and 2025, respectively.
Three Months Ended March 31,
2026 2025
(In millions)
Allowance for doubtful accounts, beginning of period $ 20.2  $ 16.9 
Current period bad debt expense 10.6  6.0 
Write-offs, net of recoveries (9.1) (4.7)
Allowance for doubtful accounts, end of period $ 21.7  $ 18.2 
Schedule of Noncontrolling Interests Activities
The Company's redeemable noncontrolling interests activities for the three months ended March 31, 2026 and 2025 are summarized as follows:

Three Months Ended March 31,
Redeemable noncontrolling interests:
 2026 2025
(In millions)
Redeemable noncontrolling interests, beginning of period $ 114.4  $ 105.2 
Net loss attributable to redeemable noncontrolling interest (0.1) (0.1)
Effect of foreign currency translation attributable to redeemable noncontrolling interest 6.1  7.6 
Redeemable noncontrolling interests, end of period $ 120.4  $ 112.7