Consolidated Statements of Comprehensive Income (unaudited) - USD ($) shares in Thousands, $ in Millions |
3 Months Ended | 6 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| Income Statement [Abstract] | |||||||||||||
| Revenue | $ 5,628.7 | $ 5,052.5 | $ 10,753.2 | $ 9,768.0 | | ||||||||
| Operating expenses: | |||||||||||||
| Compensation and benefits | 2,599.2 | 2,417.0 | 5,014.8 | 4,670.0 | |||||||||
| Operating, administrative and other | 2,803.3 | 2,414.6 | 5,335.3 | 4,766.1 | |||||||||
| Depreciation and amortization | 62.3 | 59.9 | 123.3 | 117.4 | |||||||||
| Restructuring and acquisition charges | 11.5 | 11.8 | 13.2 | 47.5 | |||||||||
| Total operating expenses | 5,476.3 | 4,903.3 | 10,486.6 | 9,601.0 | | | | ||||||
| Operating Income (Loss) | 152.4 | 149.2 | 266.6 | 167.0 | | | | ||||||
| Interest Expense, Net of Interest Income | 41.7 | 40.5 | 72.2 | 66.8 | | | | | | | |||
| Equity earnings from real estate ventures | (15.4) | (103.5) | (19.1) | (106.1) | | | | | | | |||
| Other Nonoperating Income (Expense) | 9.7 | (1.2) | 11.2 | (1.1) | | | | | | | | | |
| Total Other Income Expenses | 47.4 | 142.8 | 80.1 | 171.8 | 0.0 | |
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| Total Other Income Expenses | -36.0 | 61.8 | -64.3 | 38.2 | 0.0 | |
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| Total Other Income Expenses | 16.6 | -64.2 | 41.9 | -40.4 | 0.0 | |
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| Total Other Income Expenses | -66.8 | -145.2 | -102.5 | -174.0 | 0.0 | |
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| Total Other Income Expenses | 66.8 | 145.2 | 102.5 | 174.0 | 0.0 | |
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| Total Other Income Expenses | 36.0 | -64.2 | 64.3 | -40.4 | 0.0 | |
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| Income before income taxes and noncontrolling interest | 105.0 | 4.0 | 186.5 | (7.0) | | | | | |||||
| Provision for income taxes | 20.5 | 0.8 | 36.4 | (1.5) | | | | ||||||
| Net income | 84.5 | 3.2 | 150.1 | (5.5) | | | | ||||||
| Net income attributable to noncontrolling interest | 0.1 | 0.7 | (0.4) | 1.2 | |||||||||
| Net income attributable to the Company | 84.4 | 2.5 | 150.5 | (6.7) | |||||||||
| Net income attributable to common shareholders | $ 84.4 | $ 2.5 | $ 150.5 | $ (6.7) | |||||||||
| Basic earnings per common share (in dollars per share) | $ 1.77 | $ 0.05 | $ 3.17 | $ (0.14) | |||||||||
| Basic weighted average shares outstanding (in shares) | 47,539 | 47,748 | 47,512 | 47,652 | |||||||||
| Diluted earnings per common share (in dollars per share) | $ 1.75 | $ 0.05 | $ 3.12 | $ (0.14) | |||||||||
| Diluted weighted average shares outstanding (in shares) | 48,317 | 48,334 | 48,302 | ||||||||||
| Other comprehensive income: | |||||||||||||
| Net income attributable to the Company | $ 84.4 | $ 2.5 | $ 150.5 | $ (6.7) | |||||||||
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax and Reclassification Adjustment, Attributable to Parent | 0.0 | (1.1) | 0.3 | (1.1) | |||||||||
| Foreign currency translation adjustments | (22.1) | 11.1 | (59.8) | 37.9 | |||||||||
| Comprehensive income attributable to the common shareholders | $ 62.3 | $ 12.5 | $ 91.0 | $ 30.1 | |||||||||
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after tax and reclassification adjustment, of (increase) decrease in accumulated other comprehensive income for defined benefit plan, attributable to parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after tax and reclassification adjustments of gain (loss) on foreign currency translation adjustments, foreign currency transactions designated and effective as economic hedges of a net investment in a foreign entity and intra-entity foreign currency transactions that are of a long-term-investment nature, attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of general and administrative expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after cash payment, of expenses associated with exit or disposal activities pursuant to an authorized plan and expenses resulting from the write-down of assets. Excludes expenses related to a business combination, a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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