v3.26.1
Income Taxes (Tables)
 3 Months Ended
Mar. 31, 2026
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
The following table shows our effective tax rate for the three months ended March 31, 2026 and March 31, 2025:

 Three months ended March 31,
(in millions)20262025
Income before income taxes and equity in investments of unconsolidated entities$141.8 $108.5 
Equity in investments of unconsolidated entities(0.1)(2.6)
Income before income taxes$141.7 $105.9 
Income tax expense$34.6 $27.4 
Effective tax rate24.4 %25.9 %
Schedule of Gross Unrecognized Tax Benefits
(in millions)As of March 31, 2026As of December 31, 2025
Gross unrecognized tax benefits$12.9 $12.3 
Gross unrecognized tax benefits that would affect income tax expense$12.9 $12.3 
Decrease in income tax expense upon recognition of gross unrecognized tax benefits$12.4 $11.9 
Schedule of Liabilities for Unrecognized Tax Benefits
As of March 31, 2026, our Unaudited Consolidated Balance Sheet included a liability of $13.9 million for unrecognized tax benefits. As of December 31, 2025, our Consolidated Balance Sheet included a liability of $13.1 million for unrecognized tax benefits. These amounts include interest and penalties, less any associated tax benefits.