v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Debt Disclosure [Abstract]    
Summary of Components of Long-Term Borrowings and Finance Lease Obligations
The following table summarizes the components of Long-term borrowings and finance lease obligations:
(in millions)March 31,
2026
December 31, 2025
2025 Credit Agreement (a)
$550.6 $564.0 
Finance lease obligations2.4 2.6 
Total long-term borrowings and finance lease obligations, including current portion553.0 566.6 
Less: Current maturities2.5 — 
Less: Current finance lease obligations0.5 0.5 
Less: Unamortized debt issuance costs1.4 1.5 
Total long-term borrowings and finance lease obligations, net$548.6 $564.6 
(a)     Defined as the Fourth Amended and Restated Credit Agreement, dated October 29, 2025, as amended.
 
Schedule of Gross Borrowings and Gross Payments
The following table summarizes the gross borrowings and gross payments under the Company’s revolving credit facilities:
Three Months Ended
March 31,
(in millions)20262025
Gross borrowings$32.0 $78.0 
Gross payments 44.8 13.8 
 
Schedule of Other Significant Noncash Transactions  
The following table summarizes the supplemental noncash investing and financing activities related to this facility purchase:
Three Months Ended
March 31,
(in millions)2025
Purchase of properties and equipment through exchange of lease ROU asset$11.3 
Derecognition of ROU asset (11.3)