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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lessor, Sales-type Lease, Lease Income Lease receivables relating to sales-type lease arrangements are presented on the Consolidated Balance Sheets as follows (in millions):
December 31,
20242023
Gross lease receivables$393.4 $384.5 
Unearned income(13.9)(12.9)
Subtotal379.5 371.6 
Allowance for credit loss(2.6)(2.7)
Net investment in sales-type leases$376.9 $368.9 
Reported as:
Prepaids and other current assets$131.4 $137.3 
Intangible and other assets, net245.5 231.6 
Net investment in sales-type leases$376.9 $368.9 
Schedule of Contractual Maturities of Gross Lease Receivables
Contractual maturities of gross lease receivables as of December 31, 2024, are as follows (in millions):
Fiscal YearAmount
2025$139.6 
2026109.8 
202772.2 
202841.7 
202924.9 
2030 and thereafter5.2 
Total$393.4 
Schedule of Operating Lease Payments Future lease payments (excluding non-lease elements and contingent payments related to usage-based arrangements) related to the non-cancellable portion of operating leases as of December 31, 2024, are as follows (in millions):
Fiscal YearAmount
2025$300.7 
2026240.4 
2027170.4 
2028108.5 
202944.8 
2030 and thereafter10.2 
Total$875.0 
Supplemental Cash Flow and Balance Sheet Information
Supplemental cash flow information for the years ended December 31, 2024, 2023, and 2022 related to operating leases was as follows (in millions):
Years Ended December 31,
202420232022
Cash paid for leases that were included within operating cash outflows$33.2 $30.2 $33.8 
Right-of-use assets recognized related to new lease obligations$88.6 $27.8 $34.0 
Supplemental Balance Sheet Information
Supplemental balance sheet information related to operating leases, as of December 31, 2024, and 2023, was as follows (in millions, except lease term and discount rate):
December 31,
20242023
Intangible and other assets, net (Right-of-use assets)$136.4 $79.3 
Other accrued liabilities$33.5 $25.3 
Other long-term liabilities112.5 64.5 
Total lease liabilities$146.0 $89.8 
Weighted-average remaining lease term5.2 years3.7 years
Weighted-average discount rate4.4%3.4%
Schedule of Maturities of Operating Lease Liabilities
As of December 31, 2024, the future payments related to the Company’s operating lease liabilities are scheduled as follows (in millions):
Fiscal YearAmount
2025$37.5 
202635.2 
202726.0 
202825.3 
202918.6 
2030 and thereafter23.3 
Total lease payments165.9 
Less: imputed interest(19.9)
Total operating lease liabilities$146.0