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v3.25.1

Leases (Tables) | 3 Months Ended
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Mar. 31, 2025
Leases [Abstract] |
Schedule of Lease, Cost | The following table presents the lease balances within our condensed consolidated balance sheets, weighted average remaining lease term and weighted average discount rates related to our leases:
Lease Assets and Liabilities |  | March 31, 2025 |  | December 31, 2024
Assets |  |  |  |
Operating lease, net | Property, plant and equipment, net | $ | 80.3 |  |  | $ | 78.6 |
Finance lease, net | Other assets | 15.7 |  |  | 14.7 |
Total lease assets |  | $ | 96.0 |  |  | $ | 93.3 |
Liabilities |  |  |  |
Current: |  |  |  |
Operating lease liabilities | Other current liabilities | $ | 19.5 |  |  | $ | 19.6 |
Finance lease liabilities | Other current liabilities | 3.0 |  |  | 2.5 |
Non-current: |  |  |  |
Operating lease liabilities | Other long-term liabilities | 62.4 |  |  | 60.5 |
Finance lease liabilities | Other long-term liabilities | 13.5 |  |  | 12.9 |
Total lease liabilities |  | $ | 98.4 |  |  | $ | 95.5 |
Weighted-average remaining lease terms |  |  |  |
Operating leases |  | 6.3 years |  | 6.4 years
Finance leases |  | 6.8 years |  | 7.2 years
Weighted-average discount rate |  |  |  |
Operating leases |  | 7.1% |  | 7.0%
Finance leases |  | 6.7% |  | 6.8%
Schedule of Operating Lease Future Minimum Payments | The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2025:
| Finance |  | Operating
2025 | $ | 2.8 |  |  | $ | 18.4 |
2026 | 3.5 |  |  | 20.4 |
2027 | 3.3 |  |  | 15.4 |
2028 | 2.2 |  |  | 13.0 |
2029 | 1.8 |  |  | 9.7 |
Thereafter | 7.4 |  |  | 25.4 |
Total future minimum lease payments | $ | 21.0 |  |  | $ | 102.3 |
Less: Present value discount | 4.5 |  |  | 20.4 |
Lease liability | $ | 16.5 |  |  | $ | 81.9 |
Schedule of Finance Lease Future Minimum Payments | The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2025:
| Finance |  | Operating
2025 | $ | 2.8 |  |  | $ | 18.4 |
2026 | 3.5 |  |  | 20.4 |
2027 | 3.3 |  |  | 15.4 |
2028 | 2.2 |  |  | 13.0 |
2029 | 1.8 |  |  | 9.7 |
Thereafter | 7.4 |  |  | 25.4 |
Total future minimum lease payments | $ | 21.0 |  |  | $ | 102.3 |
Less: Present value discount | 4.5 |  |  | 20.4 |
Lease liability | $ | 16.5 |  |  | $ | 81.9 |
Schedule of Sales from Sales-type and Operating Leases | The following table represents sales from sales-type and operating leases:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Sales-type leases |  |  |  |  | $ | 19.3 |  |  | $ | 10.6 |
Operating leases |  |  |  |  | 0.1 |  |  | 1.6 |
Total sales from leases |  |  |  |  | $ | 19.4 |  |  | $ | 12.2 |
Schedule of Operating Lease, Lease Income | The following table represents sales from sales-type and operating leases:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Sales-type leases |  |  |  |  | $ | 19.3 |  |  | $ | 10.6 |
Operating leases |  |  |  |  | 0.1 |  |  | 1.6 |
Total sales from leases |  |  |  |  | $ | 19.4 |  |  | $ | 12.2 |
Scheduled Payments for Sales-type Leases | The following table represents scheduled payments for sales-type leases as of March 31, 2025:
2025 | $ | 4.5 |
2026 | 8.3 |
2027 | 8.2 |
2028 | 8.0 |
2029 | 8.0 |
Thereafter | 26.8 |
Total | 63.8 |
Less: Unearned income | 25.7 |
Total | $ | 38.1 |

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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-10 + Details
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