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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total common shareholders' equity
Common stock
Additional paid in capital
Retained earnings
Accumulated other comprehensive loss
Preferred stock of subsidiary
Noncontrolling interests
Balance at Dec. 31, 2021 $ 11,113.3 $ 10,913.2 $ 3.2 $ 4,138.1 $ 6,775.1 $ (3.2) $ 30.4 $ 169.7
Statements of equity                
Net income attributed to common shareholders 565.9 565.9 0.0 0.0 565.9 0.0 0.0 0.0
Net income (loss) attributable to noncontrolling interests 1.8 0.0 0.0 0.0 0.0 0.0 0.0 1.8
Common stock dividends (229.6) (229.6) 0.0 0.0 (229.6) 0.0 0.0 0.0
Exercise of stock options 11.8 11.8 0.0 11.8 0.0 0.0 0.0 0.0
Purchase of common stock (23.4) (23.4) 0.0 (23.4) 0.0 0.0 0.0 0.0
Capital contributions from noncontrolling interest 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.4
Distributions to noncontrolling interests (1.0) 0.0 0.0 0.0 0.0 0.0 0.0 (1.0)
Stock-based compensation and other 5.3 5.3 0.0 5.3 0.0 0.0 0.0 0.0
Balance at Mar. 31, 2022 11,444.5 11,243.2 3.2 4,131.8 7,111.4 (3.2) 30.4 170.9
Balance at Dec. 31, 2021 11,113.3 10,913.2 3.2 4,138.1 6,775.1 (3.2) 30.4 169.7
Statements of equity                
Net income attributed to common shareholders 1,155.4              
Net income (loss) attributable to noncontrolling interests 1.2              
Other comprehensive loss 0.0              
Balance at Sep. 30, 2022 11,596.1 11,355.5 3.2 4,113.5 7,242.0 (3.2) 30.4 210.2
Balance at Mar. 31, 2022 11,444.5 11,243.2 3.2 4,131.8 7,111.4 (3.2) 30.4 170.9
Statements of equity                
Net income attributed to common shareholders 287.5 287.5 0.0 0.0 287.5 0.0 0.0 0.0
Common stock dividends (229.4) (229.4) 0.0 0.0 (229.4) 0.0 0.0 0.0
Exercise of stock options 11.2 11.2 0.0 11.2 0.0 0.0 0.0 0.0
Purchase of common stock (25.0) (25.0) 0.0 (25.0) 0.0 0.0 0.0 0.0
Capital contributions from noncontrolling interest 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Distributions to noncontrolling interests (1.2) 0.0 0.0 0.0 0.0 0.0 0.0 (1.2)
Stock-based compensation and other 2.9 3.1 0.0 3.1 0.0 0.0 0.0 (0.2)
Balance at Jun. 30, 2022 11,490.6 11,290.6 3.2 4,121.1 7,169.5 (3.2) 30.4 169.6
Statements of equity                
Net income attributed to common shareholders 302.0 302.0 0.0 0.0 302.0 0.0 0.0 0.0
Net income (loss) attributable to noncontrolling interests (0.6) 0.0 0.0 0.0 0.0 0.0 0.0 (0.6)
Other comprehensive loss 0.0              
Common stock dividends (229.5) (229.5) 0.0 0.0 (229.5) 0.0 0.0 0.0
Exercise of stock options 10.1 10.1 0.0 10.1 0.0 0.0 0.0 0.0
Purchase of common stock (19.9) (19.9) 0.0 (19.9) 0.0 0.0 0.0 0.0
Capital contributions from noncontrolling interest 42.5 0.0 0.0 0.0 0.0 0.0 0.0 42.5
Distributions to noncontrolling interests (1.3) 0.0 0.0 0.0 0.0 0.0 0.0 (1.3)
Stock-based compensation and other 2.2 2.2 0.0 2.2 0.0 0.0 0.0 0.0
Balance at Sep. 30, 2022 11,596.1 11,355.5 3.2 4,113.5 7,242.0 (3.2) 30.4 210.2
Balance at Dec. 31, 2022 11,616.6 11,376.9 3.2 4,115.2 7,265.3 (6.8) 30.4 209.3
Statements of equity                
Net income attributed to common shareholders 507.5 507.5 0.0 0.0 507.5 0.0 0.0 0.0
Net income (loss) attributable to noncontrolling interests (0.2) 0.0 0.0 0.0 0.0 0.0 0.0 (0.2)
Other comprehensive loss (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 0.0
Common stock dividends (246.1) (246.1) 0.0 0.0 (246.1) 0.0 0.0 0.0
Exercise of stock options 0.9 0.9 0.0 0.9 0.0 0.0 0.0 0.0
Purchase of common stock (6.9) (6.9) 0.0 (6.9) 0.0 0.0 0.0 0.0
Acquisition of a noncontrolling interests 112.9 0.0 0.0 0.0 0.0 0.0 0.0 112.9
Distributions to noncontrolling interests (1.3) 0.0 0.0 0.0 0.0 0.0 0.0 (1.3)
Stock-based compensation and other 4.4 4.4 0.0 4.4 0.0 0.0 0.0 0.0
Balance at Mar. 31, 2023 11,987.7 11,636.6 3.2 4,113.6 7,526.7 (6.9) 30.4 320.7
Balance at Dec. 31, 2022 11,616.6 11,376.9 3.2 4,115.2 7,265.3 (6.8) 30.4 209.3
Statements of equity                
Net income attributed to common shareholders 1,113.2              
Net income (loss) attributable to noncontrolling interests (0.9)              
Other comprehensive loss (0.2)              
Balance at Sep. 30, 2023 12,100.3 11,753.0 3.2 4,116.4 7,640.4 (7.0) 30.4 316.9
Balance at Mar. 31, 2023 11,987.7 11,636.6 3.2 4,113.6 7,526.7 (6.9) 30.4 320.7
Statements of equity                
Net income attributed to common shareholders 289.7 289.7 0.0 0.0 289.7 0.0 0.0 0.0
Common stock dividends (246.0) (246.0) 0.0 0.0 (246.0) 0.0 0.0 0.0
Exercise of stock options 1.4 1.4 0.0 1.4 0.0 0.0 0.0 0.0
Purchase of common stock (2.6) (2.6) 0.0 (2.6) 0.0 0.0 0.0 0.0
Distributions to noncontrolling interests (1.0) 0.0 0.0 0.0 0.0 0.0 0.0 (1.0)
Stock-based compensation and other 2.2 2.3 0.0 2.3 0.0 0.0 0.0 (0.1)
Balance at Jun. 30, 2023 12,031.4 11,681.4 3.2 4,114.7 7,570.4 (6.9) 30.4 319.6
Statements of equity                
Net income attributed to common shareholders 316.0 316.0 0.0 0.0 316.0 0.0 0.0 0.0
Net income (loss) attributable to noncontrolling interests (0.7) 0.0 0.0 0.0 0.0 0.0 0.0 (0.7)
Other comprehensive loss (0.1) (0.1) 0.0 0.0 0.0 (0.1) 0.0 0.0
Common stock dividends (246.0) (246.0) 0.0 0.0 (246.0) 0.0 0.0 0.0
Exercise of stock options 0.7 0.7 0.0 0.7 0.0 0.0 0.0 0.0
Purchase of common stock (1.2) (1.2) 0.0 (1.2) 0.0 0.0 0.0 0.0
Distributions to noncontrolling interests (2.0) 0.0 0.0 0.0 0.0 0.0 0.0 (2.0)
Stock-based compensation and other 2.2 2.2 0.0 2.2 0.0 0.0 0.0 0.0
Balance at Sep. 30, 2023 $ 12,100.3 $ 11,753.0 $ 3.2 $ 4,116.4 $ 7,640.4 $ (7.0) $ 30.4 $ 316.9