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Leases (Tables) | 12 Months Ended
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Dec. 31, 2024
Leases [Abstract] |
Schedule of ROU Assets and Operating Lease Liabilities | Lease assets and lease liabilities were included in the following consolidated balance sheet accounts in the amounts shown:
| Years Ended December 31,
(in millions) | 2024 |  | 2023
Operating leases |  |  |
Operating lease asset: |  |  |
Other assets | $ | 36.7 |  |  | $ | 27.9 |
Operating lease liabilities: |  |  |
Accrued expenses and other current liabilities | $ | 2.1 |  |  | $ | 3.5 |
Other liabilities | 40.0 |  |  | 29.5 |
Total operating lease liabilities | $ | 42.1 |  |  | $ | 33.0 |
Finance leases |  |  |
Finance lease assets: |  |  |
Property, plant and equipment, net | $ | — |  |  | $ | 37.8 |
Finance lease liabilities: |  |  |
Current portion of long-term debt and finance leases | $ | — |  |  | $ | 22.9 |
Schedule of Lease Cost | The Company’s operating and financing lease cost was as follows:
| Years Ended December 31,
(in millions) | 2024 |  | 2023 |  | 2022
Operating lease cost | $ | 7.3 |  |  | $ | 8.8 |  |  | $ | 8.8 |
Finance lease cost: |  |  |  |  |
Amortization of leased assets | 0.7 |  |  | 0.4 |  |  | — |
Interest on lease liabilities | 1.0 |  |  | 0.6 |  |  | — |
Total finance lease cost | 1.7 |  |  | 1.0 |  |  | — |
Total operating and financing lease cost | $ | 9.0 |  |  | $ | 9.8 |  |  | $ | 8.8 |
Supplemental cash flow information related to leases is as follows:
| Years Ended December 31,
(in millions) | 2024 |  | 2023 |  | 2022
Right-of-use assets obtained in exchange for lease liabilities |  |  |  |  |
Operating leases | $ | 8.0 |  |  | $ | 5.4 |  |  | $ | 25.5 |
Finance lease | $ | — |  |  | $ | 22.3 |  |  | $ | — |
Lease payment made for amounts included in the measurement of operating lease liabilities |  |  |  |  |
Cash paid for operating leases included in operating cash flows | $ | 5.8 |  |  | $ | 5.7 |  |  | $ | 4.6 |
Cash paid for finance lease included in operating cash flows | $ | 1.1 |  |  | $ | — |  |  | $ | — |
Cash paid for finance lease included in financing cash flows | $ | 22.7 |  |  | $ | — |  |  | $ | — |
Schedule of Future Minimum Undiscounted Lease Payments | Maturities of lease liabilities as of December 31, 2024 are as follows:
Years Ending December 31, | (in millions)
2025 | $ | 5.4 |
2026 | 4.9 |
2027 | 5.5 |
2028 | 5.7 |
2029 | 6.0 |
Thereafter | 40.1 |
Total future minimum lease payments | 67.6 |
Less: imputed interest | (25.5) |
Present value of future minimum lease payments | $ | 42.1 |

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- Definition Assets And Liabilities, Lessee + References No definition available. + Details
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- 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 + Details
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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 + Details
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