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Unconsolidated Affiliates (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Investments in Unconsolidated Affiliates

Investments in unconsolidated affiliates are as follows (in millions):

				December 31, 2025								December 31, 2024
		Ownership Percentage (1)		Carrying Value				Excess carrying value of investment over proportionate share of net assets				Carrying Value				Excess carrying value of investment over proportionate share of net assets
Orbit Private Investments L.P.		9.8%		$	202.9			$	—			$	203.9			$	—
Broadway Square Partners, LLP		50.0%			51.2				27.8				52.2				28.6
International Financial Data Services L.P.		50.0%			41.4				24.6				60.2				28.0
Pershing Road Development Company, LLC		50.0%			10.3				50.6				10.1				53.0
Other unconsolidated affiliates					1.9				—				2.0				—
Total				$	307.7			$	103.0			$	328.4			$	109.6

(1) Ownership percentage is as of December 31, 2025 and December 31, 2024.

Schedule of Equity in Earnings of Unconsolidated Affiliates

Equity in earnings of unconsolidated affiliates is as follows (in millions):

		Year Ended December 31,
		2025				2024				2023
Orbit Private Investments L.P.		$	(10.6	)		$	19.1			$	96.3
Broadway Square Partners, LLP			(1.0	)			(1.1	)			(0.4	)
International Financial Data Services L.P.			2.5				5.2				3.8
Pershing Road Development Company, LLC			0.1				0.1				(0.6	)
Other unconsolidated affiliates			(0.3	)			1.1				0.9
Total		$	(9.3	)		$	24.4			$	100.0

Schedule of Related Party Transactions and Balances Outstanding With Our Related Parties

The following tables summarize related party transactions and balances outstanding with our related parties, which is primarily comprised of transactions with our unconsolidated affiliates (in millions):

		Year Ended December 31,
		2025				2024				2023
Operating revenues from related parties		$	66.4			$	59.2			$	60.5
Amounts paid to related parties (1)			38.0				48.4				46.3
Distributions received from related parties, net			23.1				38.4				20.9

		December 31,
		2025				2024
Outstanding advances/loans to related parties		$	1.9			$	1.9
Trade accounts receivable from related parties			11.1				10.0
Total amounts receivable from related parties		$	13.0			$	11.9
Amounts payable to related parties		$	0.6			$	2.5

(1)Excludes amounts paid to our unconsolidated joint ventures related to loans, advancements and other capital investments.

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

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- Definition

A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates.

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- Definition

Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

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