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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 111.1 $ 117.4
Accounts receivable, net 341.8 404.5
Inventories 680.8 447.0
Prepaid expenses and other current assets 198.1 96.5
Assets held for sale 92.7 0.0
Total Current Assets 1,424.5 1,065.4
Restricted cash 0.0 1,592.3
Property, plant and equipment, net 967.5 811.1
Goodwill 4,550.6 1,066.7
Trade name and other intangible assets, net 2,362.6 700.5
Operating lease right-of-use assets 1,818.5 598.8
Deferred income taxes 15.8 15.3
Other non-current assets 190.2 130.3
Total Assets 11,329.7 5,980.4
Current Liabilities:    
Accounts payable 474.4 360.5
Accrued expenses and other current liabilities 649.3 393.9
Short-term operating lease obligations 378.0 126.8
Current portion of long-term debt 112.3 69.5
Income taxes payable 10.6 9.6
Liabilities held for sale 68.8 0.0
Total Current Liabilities 1,693.4 960.3
Long-term debt, net 4,920.7 3,740.4
Long-term operating lease obligations 1,527.9 532.1
Deferred income taxes 303.5 108.3
Other non-current liabilities 133.9 71.0
Total Liabilities 8,579.4 5,412.1
Redeemable non-controlling interest 8.6 9.3
Total Stockholders' Equity 2,741.7 559.0
Total Liabilities, Redeemable Non-Controlling Interest and Stockholders' Equity $ 11,329.7 $ 5,980.4