v3.26.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2026
Leases [Abstract]  
Lease, Cost [Table Text Block]
The components of lease costs were as follows:
Quarter Ended
March 31,
(in millions)20262025
Operating lease expense:
Operating lease cost$11.9 $9.7 
Short-term lease cost0.1 0.1 
Total operating lease expense included in other expense$12.0 $9.8 
Finance lease expense:
Interest expense$0.4 $0.5 
Depreciation expense2.2 2.2 
Total finance lease expense$2.6 $2.7 
Sublease revenue included in other revenue$3.9 $2.9 
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]
Supplemental cash flow information related to leases was as follows:
Quarter Ended
March 31,
(in millions)20262025
Cash outflows for operating leases$14.1 $15.1 
Cash outflows for finance lease4.4 4.4 
Schedule of Amounts Recognized in Balance Sheet [Table Text Block]
Supplemental balance sheet information related to leases was as follows:
Operating leases
(in millions)March 31, 2026December 31, 2025
Operating lease right-of-use assets$198.7 $210.3 
Operating lease liabilities:
Other current liabilities$46.2 $46.8 
Other liabilities224.3 237.4 
Total operating lease liabilities$270.5 $284.2 
Weighted average remaining lease term (in months)9799
Weighted average discount rate4.1 %4.1 %
Finance lease
(in millions)March 31, 2026December 31, 2025
Finance lease right-of-use assets$43.3 $45.5 
Finance lease liabilities:
Other current liabilities$9.1 $9.0 
Other liabilities39.4 41.7 
Total finance lease liabilities$48.5 $50.7 
Weighted average remaining lease term (in months)6063
Weighted average discount rate3.5 %3.5 %
Lessee, Operating Lease, Liability, Maturity
Future minimum lease payments were as follows as of March 31, 2026 for operating and finance leases:
(in millions)Operating Leases
Remainder of 2026$42.8 
202749.5 
202843.8 
202933.2 
203032.2 
203130.3 
Thereafter80.0 
Total lease payments311.8 
Less: imputed interest(41.3)
Present value of lease liability$270.5 
Finance Lease, Liability, Fiscal Year Maturity
(in millions)Finance Leases
Remainder of 2026$13.2 
202717.8 
202817.9 
202918.1 
203018.3 
20314.6 
Thereafter— 
Total lease payments89.9 
Less: imputed interest(41.4)
Present value of lease liability$48.5