XML 63 R53.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Reporting - ADJ EBITDA Reconciliations (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Net Income (Loss) Available to Common Stockholders, Basic $ 178.7   $ 206.3   $ 361.5 $ 373.2
Net (loss) income attributable to noncontrolling interest (0.7) $ 0.1 0.4 $ 0.4 (0.6) 0.8
Preferred Stock Dividends, Income Statement Impact 14.4   14.4   28.7 28.7
Provision for income taxes 71.8   79.9   115.9 117.6
Interest Income (Expense), Nonoperating, Net (98.8)   (68.5)   (193.8) (132.1)
Depreciation and amortization 46.9   45.8   91.3 92.8
Other Nonoperating Income (Expense) (0.8)   (1.2)   (10.9) (2.3)
StockBasedCompensationExpenseEBITDA 10.9   14.5   21.3 22.0
MergerRelatedAndIntegrationCosts 10.9   13.4   30.4 39.0
Restructuring Costs 9.8       9.8  
Adjusted EBITDA 442.3   444.4   863.0 808.5
Stock-based compensation expense $ 12.2   15.8   23.9 24.7
Adjusted EBITDA Margin % 11.10%          
Merger Related Stock Based Compensation Expense $ 1.3   1.4   2.6 2.7
EES            
Net Income (Loss) Available to Common Stockholders, Basic 167.0   222.8   338.3 401.5
Net (loss) income attributable to noncontrolling interest (0.7)   0.1   (0.8) 0.4
Preferred Stock Dividends, Income Statement Impact 0.0   0.0   0.0 0.0
Provision for income taxes 0.0   0.0   0.0 0.0
Interest Income (Expense), Nonoperating, Net 0.0   0.0   0.0 0.0
Depreciation and amortization 11.5   11.2   21.4 23.2
Other Nonoperating Income (Expense) 9.8   1.4   10.3 (1.6)
StockBasedCompensationExpenseEBITDA 1.4   2.7   2.8 4.4
MergerRelatedAndIntegrationCosts 0.0   0.0   0.0 0.0
Restructuring Costs 0.0       0.0  
Adjusted EBITDA $ 189.0   $ 235.4   $ 372.0 $ 427.9
Adjusted EBITDA Margin % 8.60%   10.10%   8.60% 9.70%
CSS            
Net Income (Loss) Available to Common Stockholders, Basic $ 132.2   $ 130.6   $ 267.6 $ 234.3
Net (loss) income attributable to noncontrolling interest 0.1   0.0   0.3 0.0
Preferred Stock Dividends, Income Statement Impact 0.0   0.0   0.0 0.0
Provision for income taxes 0.0   0.0   0.0 0.0
Interest Income (Expense), Nonoperating, Net 0.0   0.0   0.0 0.0
Depreciation and amortization 17.9   17.9   35.9 36.0
Other Nonoperating Income (Expense) 27.7   (0.1)   28.5 0.5
StockBasedCompensationExpenseEBITDA 1.6   1.4   2.7 2.3
MergerRelatedAndIntegrationCosts 0.0   0.0   0.0 0.0
Restructuring Costs 0.0       0.0  
Adjusted EBITDA $ 179.5   $ 150.0   $ 335.0 $ 273.1
Adjusted EBITDA Margin % 9.70%   9.40%   9.30% 9.00%
UBS            
Net Income (Loss) Available to Common Stockholders, Basic $ 183.1   $ 161.8   $ 363.4 $ 291.8
Net (loss) income attributable to noncontrolling interest 0.0   0.0   0.0 0.0
Preferred Stock Dividends, Income Statement Impact 0.0   0.0   0.0 0.0
Provision for income taxes 0.0   0.0   0.0 0.0
Interest Income (Expense), Nonoperating, Net 0.0   0.0   0.0 0.0
Depreciation and amortization 6.4   5.7   12.4 11.5
Other Nonoperating Income (Expense) (1.7)   (0.6)   (1.1) 0.6
StockBasedCompensationExpenseEBITDA 0.8   0.9   1.6 1.5
MergerRelatedAndIntegrationCosts 0.0   0.0   0.0 0.0
Restructuring Costs 0.0       0.0  
Adjusted EBITDA $ 188.6   $ 169.0   $ 376.3 $ 305.4
Adjusted EBITDA Margin % 11.10%   10.90%   11.20% 10.30%
Corporate Segment            
Net Income (Loss) Available to Common Stockholders, Basic $ (303.6)   $ (308.9)   $ (607.8) $ (554.4)
Net (loss) income attributable to noncontrolling interest (0.1)   0.3   (0.1) 0.4
Preferred Stock Dividends, Income Statement Impact 14.4   14.4   28.7 28.7
Provision for income taxes 71.8   79.9   115.9 117.6
Interest Income (Expense), Nonoperating, Net 98.8   (68.5)   193.8 132.1
Depreciation and amortization 11.1   11.0   21.6 22.1
Other Nonoperating Income (Expense) (35.0)   (1.9)   (26.8) 2.8
StockBasedCompensationExpenseEBITDA 7.1   9.5   14.2 13.8
MergerRelatedAndIntegrationCosts 10.9   13.4   30.4 39.0
Restructuring Costs 9.8       9.8  
Adjusted EBITDA $ (114.8)   $ (110.0)   $ (220.3) $ (197.9)