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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases  
Schedule of lease cost

Three Months Ended March 31,

2024

   

2023

(in millions)

Operating lease cost

$

25.2

$

23.6

Schedule of supplemental cash flow and other lease information

Supplemental cash flow and balance sheet information is presented below:

Three Months Ended March 31,

2024

   

2023

(in millions)

Supplemental cash flow information:

Cash payments for operating leases                 

$

25.3

$

23.5

Right-of-use assets obtained in exchange for operating lease obligations                

$

28.2

$

15.6

March 31,

December 31,

2024

2023

Other lease information:

Weighted average remaining lease term—operating leases

6.3 years

5.8 years

Weighted average discount rate—operating leases

4.5%

4.3%

Schedule of maturities of operating lease liabilities

(in millions)

2024 (remaining nine months)

$

50.2

2025

55.3

2026

42.3

2027

32.1

2028

24.7

Thereafter

67.6

Total operating lease payments

272.2

Less: imputed interest

(38.1)

Total operating lease liabilities

$

234.1