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Leases (Tables)

9 Months Ended

Sep. 30, 2024

Leases [Abstract]

Lease, Cost [Table Text Block]

The components of lease costs were as follows:

			Quarter Ended September 30,												Nine Months Ended September 30,
(in millions)			2024						2023						2024						2023
Operating lease expense:
Operating lease cost			$	12.7					$	13.8					$	38.9					$	41.7
Short-term lease cost			0.1						0.1						0.3						0.3
Total operating lease expense included in other expense			$	12.8					$	13.9					$	39.2					$	42.0
Finance lease expense:
Interest expense			$	0.5					$	0.6					$	1.7					$	1.9
Depreciation expense			2.2						2.2						6.5						6.5
Total finance lease expense			$	2.7					$	2.8					$	8.2					$	8.4
Sublease revenue included in other revenue			$	2.5					$	2.5					$	7.2					$	7.3

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

Supplemental cash flow information related to leases was as follows:

			Quarter Ended September 30,												Nine Months Ended September 30,
(in millions)			2024						2023						2024						2023
Cash outflows for operating leases			$	15.4					$	16.9					$	45.9					$	50.6
Cash outflows for finance leases			4.3						4.3						13.0						12.9

Schedule of Amounts Recognized in Balance Sheet [Table Text Block]

Supplemental balance sheet information related to leases was as follows:

Operating leases

(in millions)			September 30, 2024						December 31, 2023
Operating lease right-of-use assets			$	241.6					$	272.0
Operating lease liabilities:
Other current liabilities			$	46.8					$	46.7
Other liabilities			307.5						344.0
Total operating lease liabilities			$	354.3					$	390.7
Weighted average remaining lease term (in months)			108						114
Weighted average discount rate			4.1		%				3.8		%

Finance leases

(in millions)			September 30, 2024						December 31, 2023
Finance lease right-of-use assets			$	56.3					$	62.8
Finance lease liabilities:
Other current liabilities			$	8.6					$	8.4
Other liabilities			52.9						59.4
Total finance lease liabilities			$	61.5					$	67.8
Weighted average remaining lease term (in months)			78						87
Weighted average discount rate			3.5		%				3.5		%

Finance Lease, Liability, Fiscal Year Maturity

(in millions)						Finance Leases
Remainder of 2024						$	4.4
2025						17.5
2026						17.6
2027						17.8
2028						17.9
2029						18.1
Thereafter						22.9
Total lease payments						116.2
Less: imputed interest						(54.7)
Present value of lease liability						$	61.5

Lessee, Operating Lease, Liability, Maturity

Future minimum lease payments were as follows as of September 30, 2024 for operating and finance leases:

(in millions)						Operating Leases
Remainder of 2024						$	15.2
2025						58.1
2026						52.7
2027						50.2
2028						49.2
2029						35.2
Thereafter						154.2
Total lease payments						414.8
Less: imputed interest						(60.5)
Present value of lease liability						$	354.3

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
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