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Leases - Summary of Lease information (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Leases [Abstract]    
Right of use assets $ 180.8 $ 182.3
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] Other Assets, Noncurrent Other Assets, Noncurrent
Current lease liabilities $ 31.5 $ 32.4
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List] Accrued expenses and other liabilities Accrued expenses and other liabilities
Long-term lease liabilities $ 167.9 $ 168.5
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List] Deferred and Other Long-term Liabilities Deferred and Other Long-term Liabilities
Total lease liabilities $ 199.4 $ 200.9
Weighted-average remaining lease term (years) 7 years 3 months 18 days 7 years 4 months 24 days
Weighted-average discount rate 4.70% 4.60%
Lease cost [1] $ 10.5 $ 9.9
Leased assets obtained in exchange for new lease liabilities net of modifications [2] 6.5 16.7
Cash paid for amounts included in the measurement of lease liabilities $ 10.5 $ 7.8
[1] Lease expense is included in cost of sales or SG&A expenses based on the nature of the leased item. Short-term lease expense is excluded from this amount and is not material. The Company also has certain variable leases which are not material. The non-cash component of lease expense for the first three months of 2025 and 2024 was $8.1 and $7.5, respectively, and is included in the Amortization caption in the condensed consolidated statement of cash flows.
[2] In January 2024, the Company expanded space at one of its leased manufacturing facilities. This resulted in an increase to the Company’s right of use assets and corresponding lease liabilities of approximately $15.4 recorded in the first quarter of 2024.