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Consolidated Statements of Changes in Equity - USD ($)
$ in Millions
Total
Common Stock
Retained earnings
AOCI
Non-controlling interests
Beginning balance (in shares) at Dec. 31, 2020   226,836,670      
Beginning balance at Dec. 31, 2020 $ 8,718.5 $ 7,080.0 $ 1,702.8 $ (49.4) $ (14.9)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 891.9   879.7   12.2
Issuance of stock, net of issuance costs (in shares)   2,269,447      
Issuance of stock, net of issuance costs 112.5 $ 112.5      
Issuance of stock compensation and reinvested dividends, net of tax withholding (in shares)   139,729      
Issuance of stock, net issuance costs (2.4) $ (2.4)      
Issuance of restricted common stock (in shares)   54,054      
Issuance of restricted common stock 2.9 $ 2.9      
Dividends declared on common stock (497.9)   (497.9)    
Dividend equivalents declared (1.7)   (1.7)    
Stock compensation expense 13.8 13.8      
Unearned compensation          
Issuance of restricted common stock (2.9) (2.9)      
Compensation expense recognized 1.8 1.8      
Derivative hedging activity, net of tax 5.5     5.5  
Change in unrecognized pension expense, net of tax (0.1)     (0.1)  
Other (0.2) $ (0.2)      
Ending balance (in shares) at Dec. 31, 2021   229,299,900      
Ending balance at Dec. 31, 2021 9,241.7 $ 7,205.5 2,082.9 (44.0) (2.7)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 765.0   752.7   12.3
Issuance of stock compensation and reinvested dividends, net of tax withholding (in shares)   246,205      
Issuance of stock, net issuance costs (5.2) $ (5.2)      
Dividends declared on common stock (534.8)   (534.8)    
Dividend equivalents declared (2.3)   (2.3)    
Stock compensation expense 18.1 18.1      
Unearned compensation          
Compensation expense recognized 0.7 0.7      
Derivative hedging activity, net of tax 5.5     5.5  
Change in unrecognized pension expense, net of tax 4.0     4.0  
Other 0.6 $ 0.6      
Ending balance (in shares) at Dec. 31, 2022   229,546,105      
Ending balance at Dec. 31, 2022 9,493.3 $ 7,219.7 2,298.5 (34.5) 9.6
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 743.6   731.3   12.3
Issuance of stock compensation and reinvested dividends, net of tax withholding (in shares)   183,191      
Issuance of stock, net issuance costs (2.5) $ (2.5)      
Dividends declared on common stock (569.6)   (569.6)    
Dividend equivalents declared (2.4)   (2.4)    
Stock compensation expense 17.5 17.5      
Unearned compensation          
Compensation expense recognized 0.2 $ 0.2      
Derivative hedging activity, net of tax 5.4     5.4  
Change in unrecognized pension expense, net of tax (0.5)     (0.5)  
Ending balance (in shares) at Dec. 31, 2023   229,729,296      
Ending balance at Dec. 31, 2023 $ 9,685.0 $ 7,234.9 $ 2,457.8 $ (29.6) $ 21.9