Consolidated Statements of Equity - USD ($) shares in Millions, $ in Millions | Total | Common Stock | Additional Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Non Controlling Interest |
Beginning balance (in shares) at Dec. 31, 2022 | | | 57 | | | | |
Beginning balance at Dec. 31, 2022 | | $ 1,101.5 | $ 0.6 | $ 1,152.1 | $ 33.8 | $ (87.5) | $ 2.5 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | | | | | | |
Employee stock compensation (in shares) | | | 0.3 | | | | |
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture | | 29.6 | | 29.6 | | | |
Temporary Equity, Accretion to Redemption Value, Adjustment | | (3) | | (0.5) | (2.5) | | |
Proceeds from stock issuances under employee plans (in shares) | | | 0.2 | | | | |
Stock Issued During Period, Value, Stock Options Exercised | | 23.8 | | 23.8 | | | |
Cash dividends declared | [1] | (73.9) | | | (73.9) | | |
Repurchase and retirement of common shares (in shares) | | | (0.9) | | | | |
Repurchase and retirement of common shares | | (101.1) | | (18.1) | (83) | | |
Net income | | 247.9 | | | 247.7 | | 0.2 |
Other Comprehensive Income (Loss), Net of Tax | | 24.4 | | | | 24.4 | |
Ending balance (in shares) at Jun. 30, 2023 | | | 56.6 | | | | |
Ending balance at Jun. 30, 2023 | | 1,249.2 | $ 0.6 | 1,186.9 | 122.1 | (63.1) | 2.7 |
Beginning balance (in shares) at Mar. 31, 2023 | | | 56.9 | | | | |
Beginning balance at Mar. 31, 2023 | | 1,154.8 | $ 0.6 | 1,168.9 | 57.3 | (74.7) | 2.7 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | | | | | | |
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture | | 14.9 | | 14.9 | | | |
Temporary Equity, Accretion to Redemption Value, Adjustment | | (1.8) | | (0.4) | (1.4) | | |
Proceeds from stock issuances under employee plans (in shares) | | | 0.1 | | | | |
Stock Issued During Period, Value, Stock Options Exercised | | 10.6 | | 10.6 | | | |
Cash dividends declared | [2] | (36.9) | | | (36.9) | | |
Repurchase and retirement of common shares (in shares) | | | (0.4) | | | | |
Repurchase and retirement of common shares | | (38.3) | | (7.1) | (31.2) | | |
Net income | | 134.3 | | | 134.3 | | |
Other Comprehensive Income (Loss), Net of Tax | | 11.6 | | | | 11.6 | |
Ending balance (in shares) at Jun. 30, 2023 | | | 56.6 | | | | |
Ending balance at Jun. 30, 2023 | | 1,249.2 | $ 0.6 | 1,186.9 | 122.1 | (63.1) | 2.7 |
Beginning balance (in shares) at Dec. 31, 2023 | | | 56.5 | | | | |
Beginning balance at Dec. 31, 2023 | | 1,420.8 | $ 0.6 | 1,231.8 | 243.5 | (57.5) | 2.4 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | | | | | | |
Employee stock compensation (in shares) | | | 0.2 | | | | |
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture | | 28.4 | | 28.4 | | | |
Temporary Equity, Accretion to Redemption Value, Adjustment | | 1.2 | | (0.8) | 2 | | |
Stock Issued During Period, Value, Stock Options Exercised | | 4.6 | | 4.6 | | | |
Cash dividends declared | [1] | (74.1) | | | (74.1) | | |
Repurchase and retirement of common shares (in shares) | | | (1) | | | | |
Repurchase and retirement of common shares | | (82.3) | | (21) | (61.3) | | |
Noncontrolling interest | | 2 | | | | | 2 |
Net income | | 72.8 | | | 72.5 | | 0.3 |
Other Comprehensive Income (Loss), Net of Tax | | (30.6) | | | | (30.6) | |
Ending balance (in shares) at Jun. 30, 2024 | | | 55.7 | | | | |
Ending balance at Jun. 30, 2024 | | 1,342.8 | $ 0.6 | 1,243 | 182.6 | (88.1) | 4.7 |
Beginning balance (in shares) at Mar. 31, 2024 | | | 56.5 | | | | |
Beginning balance at Mar. 31, 2024 | | 1,380.6 | $ 0.6 | 1,243.8 | 197.3 | (63.6) | 2.5 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | | | | | | | |
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture | | 15.9 | | 15.9 | | | |
Temporary Equity, Accretion to Redemption Value, Adjustment | | 2.1 | | (0.4) | 2.5 | | |
Stock Issued During Period, Value, Stock Options Exercised | | 0.9 | | 0.9 | | | |
Cash dividends declared | [2] | (36.8) | | | (36.8) | | |
Repurchase and retirement of common shares (in shares) | | | (0.8) | | | | |
Repurchase and retirement of common shares | | (66.3) | | (17.2) | (49.1) | | |
Noncontrolling interest | | 2 | | | | | 2 |
Net income | | 68.9 | | | 68.7 | | 0.2 |
Other Comprehensive Income (Loss), Net of Tax | | (24.5) | | | | (24.5) | |
Ending balance (in shares) at Jun. 30, 2024 | | | 55.7 | | | | |
Ending balance at Jun. 30, 2024 | | $ 1,342.8 | $ 0.6 | $ 1,243 | $ 182.6 | $ (88.1) | $ 4.7 |
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[1]Polaris Inc. declared and paid aggregate dividends of $1.32 per share for the six month period ended June 30, 2024 and aggregate dividends of $1.30 per share for the six month period ended June 30, 2023.[2]Polaris Inc. declared and paid a dividend of $0.66 per share for the three month period ended June 30, 2024 and a dividend of $0.65 per share for the three month period ended June 30, 2023. | |