v3.25.4

Leases (Tables) | 12 Months Ended
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Dec. 31, 2025
Leases [Abstract] |
Lease, Cost | The weighted-average remaining lease term and weighted-average discount rate were as follows:
| December 31, 2025 | December 31, 2024 |
Weighted-average remaining lease term: |  |  |
Operating leases | 6 years | 5 years |
Finance leases | 11 years | 12 years |
Weighted-average discount rate: |  |  |
Operating leases | 5.3 | % | 5.1 | % |
Finance leases | 6.0 | % | 6.0 | % |
Lease expense for the years ended December 31 were as follows:
In millions | 2025 | 2024 | 2023
Operating lease expense | $ | 31.1 |  | $ | 26.3 |  | $ | 24.5 |
Finance lease expense: |  |  |
Amortization of right-of-use assets | $ | 1.0 |  | $ | 0.5 |  | $ | — |
Interest on lease liabilities | 1.1 |  | 0.5 |  | — |
Total finance lease expense | $ | 2.1 |  | $ | 1.0 |  | $ | — |
Supplemental cash flow information and other information related to leases for the years ended December 31 was as follows:
In millions | 2025 | 2024
Cash paid for amounts included in the measurement of lease liabilities: |  |
Operating leases | $ | 30.5 |  | $ | 25.5 |
Financing leases | 1.4 |  | 0.6 |
Lease right-of-use assets obtained in exchange for new lease liabilities: |  |
Operating leases | $ | 49.7 |  | $ | 29.7 |
Financing leases | 0.3 |  | 18.2 |
Future Lease Payments | Maturities of lease liabilities as of December 31, 2025 were as follows:
In millions | Operating lease obligations | Finance lease obligations
2026 | $ | 39.4 |  | $ | 1.5 |
2027 | 35.1 |  | 1.5 |
2028 | 27.1 |  | 1.5 |
2029 | 19.0 |  | 1.5 |
2030 | 15.5 |  | 1.5 |
Thereafter | 29.0 |  | 21.9 |
Total lease payments | 165.1 |  | 29.4 |
Less imputed interest | (29.8) |  | (11.6) |
Total reported lease liability | $ | 135.3 |  | $ | 17.8 |
Operating Leases, Assets and Liabilities | Supplemental balance sheet information related to leases as of December 31 was as follows:
In millions | Classification | 2025 | 2024
Operating Leases |  |  |
Lease right-of-use assets | Other non-current assets | $ | 128.6 |  | $ | 107.2 |
Current lease liabilities | Other current liabilities | $ | 30.3 |  | $ | 22.4 |
Non-current lease liabilities | Other non-current liabilities | 105.0 |  | 90.7 |
Total lease liabilities |  | $ | 135.3 |  | $ | 113.1 |
Finance Leases |  |  |
Lease right-of-use assets | Other non-current assets | $ | 16.9 |  | $ | 17.7 |
Current lease liabilities | Other current liabilities | $ | 0.4 |  | $ | 0.4 |
Non-current lease liabilities | Other non-current liabilities | 17.4 |  | 17.6 |
Total lease liabilities |  | $ | 17.8 |  | $ | 18.0 |

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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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