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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule of Lease Assets and Liabilities | Total lease assets and liabilities at December 31, 2023 and 2022 were as follows (in millions):
Lease Assets |  | Classification |  | As of December 31, 2023 |  | As of December 31, 2022
Operating ROU assets |  | Right-of-use lease assets |  | $ | 176.2 |  |  | $ | 163.9 |
Finance lease assets |  | Property, plant and equipment, net(1) |  | 6.5 |  |  | 6.7 |
Total lease assets |  |  |  | $ | 182.7 |  |  | $ | 170.6 |
Lease Liabilities |  | Classification |  | As of December 31, 2023 |  | As of December 31, 2022
Current: |  |  |  |  |  |
Operating |  | Accrued expenses |  | $ | 45.4 |  |  | $ | 42.2 |
Finance |  | Other current liabilities |  | 0.5 |  |  | 0.7 |
Noncurrent: |  |  |  |  |  |
Operating |  | Operating lease liabilities |  | 134.4 |  |  | 125.4 |
Finance |  | Other noncurrent liabilities |  | 5.4 |  |  | 5.4 |
Total lease liabilities |  |  |  | $ | 185.7 |  |  | $ | 173.7 |
____________________________________ (1) Finance lease assets are recorded net of accumulated depreciation of $3.1 million and $5.1 million as of December 31, 2023 and 2022, respectively.
Schedule of Lease Cost and Supplemental Information | Total lease costs for 2023 and 2022 are set forth below (in millions):
|  | Classification |  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
Operating lease cost |  | Selling, general and administrative expenses |  | $ | 57.2 |  |  | $ | 51.2 |
Variable lease cost |  | Selling, general and administrative expenses |  | 2.3 |  |  | 1.7 |
Short-term lease cost |  | Selling, general and administrative expenses |  | 24.1 |  |  | 17.5 |
Finance lease cost: |  |  |  |  |  |
Amortization of lease assets |  | Depreciation expense(1) |  | 0.7 |  |  | 1.0 |
Interest on lease liabilities |  | Interest expense, net |  | 0.2 |  |  | 0.2 |
Total lease cost |  |  |  | $ | 84.5 |  |  | $ | 71.6 |
____________________________________ (1) Depreciation expense was included in both cost of goods sold and selling, general and administrative expenses. The following table summarizes the weighted-average remaining lease term and weighted-average discount rate:
|  | As of December 31, 2023 |  | As of December 31, 2022
Weighted-average remaining lease term: |  |  |  |
Operating leases |  | 6 years |  | 7 years
Finance leases |  | 17 years |  | 17 years
Weighted-average discount rate: |  |  |  |
Operating leases |  | 5.5 | % |  | 4.7 | %
Finance leases |  | 2.7 | % |  | 2.7 | %
The following table summarizes the supplemental cash flow information for 2023 and 2022 (in millions):
|  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |
Operating cash flows from operating leases |  | $ | 57.0 |  |  | $ | 52.3 |
Operating cash flows from finance leases |  | 0.1 |  |  | 0.2 |
Financing cash flows from finance leases |  | 0.9 |  |  | 1.0 |
Leased assets obtained in exchange for lease obligations: |  |  |  |
Operating leases |  | $ | 54.8 |  |  | $ | 65.5 |
Finance leases |  | 1.1 |  |  | 0.4 |
Schedule of Lease Payment Amounts for Operating Leases | Lease payment amounts for operating and finance leases with remaining terms greater than one year as of December 31, 2023 were as follows (in millions):
|  |  |  | December 31, 2023
|  |  |  |  |  | Operating Leases |  | Finance Leases
2024 |  |  |  |  |  | $ | 52.8 |  |  | $ | 0.7 |
2025 |  |  |  |  |  | 43.0 |  |  | 0.6 |
2026 |  |  |  |  |  | 32.6 |  |  | 0.4 |
2027 |  |  |  |  |  | 19.7 |  |  | 0.3 |
2028 |  |  |  |  |  | 14.7 |  |  | 0.1 |
Thereafter |  |  |  |  |  | 46.5 |  |  | 5.8 |
Total lease payments |  |  |  |  |  | 209.3 |  |  | 7.9 |
Less: imputed interest(1) |  |  |  |  |  | (29.5) |  |  | (2.0) |
Present value of lease liabilities |  |  |  |  |  | $ | 179.8 |  |  | $ | 5.9 |
____________________________________ (1) Calculated using the implicit interest rate for each lease or the Company’s incremental borrowing rate, when implicit rate is not available Lease payment amounts for operating and finance leases with remaining terms greater than one year as of December 31, 2022 were as follows (in millions):
|  |  |  | December 31, 2022
|  |  |  |  |  | Operating Leases |  | Finance Leases
2023 |  |  |  |  |  | $ | 47.8 |  |  | $ | 0.8 |
2024 |  |  |  |  |  | 36.6 |  |  | 0.6 |
2025 |  |  |  |  |  | 27.0 |  |  | 0.4 |
2026 |  |  |  |  |  | 19.1 |  |  | 0.2 |
2027 |  |  |  |  |  | 13.4 |  |  | 0.2 |
Thereafter |  |  |  |  |  | 51.2 |  |  | 6.0 |
Total lease payments |  |  |  |  |  | 195.1 |  |  | 8.2 |
Less: imputed interest(1) |  |  |  |  |  | (27.5) |  |  | (2.1) |
Present value of lease liabilities |  |  |  |  |  | $ | 167.6 |  |  | $ | 6.1 |
____________________________________ (1) Calculated using the implicit interest rate for each lease or the Company’s incremental borrowing rate, when implicit rate is not available
Schedule of Lease Payment Amounts for Finance Leases | Lease payment amounts for operating and finance leases with remaining terms greater than one year as of December 31, 2023 were as follows (in millions):
|  |  |  | December 31, 2023
|  |  |  |  |  | Operating Leases |  | Finance Leases
2024 |  |  |  |  |  | $ | 52.8 |  |  | $ | 0.7 |
2025 |  |  |  |  |  | 43.0 |  |  | 0.6 |
2026 |  |  |  |  |  | 32.6 |  |  | 0.4 |
2027 |  |  |  |  |  | 19.7 |  |  | 0.3 |
2028 |  |  |  |  |  | 14.7 |  |  | 0.1 |
Thereafter |  |  |  |  |  | 46.5 |  |  | 5.8 |
Total lease payments |  |  |  |  |  | 209.3 |  |  | 7.9 |
Less: imputed interest(1) |  |  |  |  |  | (29.5) |  |  | (2.0) |
Present value of lease liabilities |  |  |  |  |  | $ | 179.8 |  |  | $ | 5.9 |
____________________________________ (1) Calculated using the implicit interest rate for each lease or the Company’s incremental borrowing rate, when implicit rate is not available Lease payment amounts for operating and finance leases with remaining terms greater than one year as of December 31, 2022 were as follows (in millions):
|  |  |  | December 31, 2022
|  |  |  |  |  | Operating Leases |  | Finance Leases
2023 |  |  |  |  |  | $ | 47.8 |  |  | $ | 0.8 |
2024 |  |  |  |  |  | 36.6 |  |  | 0.6 |
2025 |  |  |  |  |  | 27.0 |  |  | 0.4 |
2026 |  |  |  |  |  | 19.1 |  |  | 0.2 |
2027 |  |  |  |  |  | 13.4 |  |  | 0.2 |
Thereafter |  |  |  |  |  | 51.2 |  |  | 6.0 |
Total lease payments |  |  |  |  |  | 195.1 |  |  | 8.2 |
Less: imputed interest(1) |  |  |  |  |  | (27.5) |  |  | (2.1) |
Present value of lease liabilities |  |  |  |  |  | $ | 167.6 |  |  | $ | 6.1 |
____________________________________ (1) Calculated using the implicit interest rate for each lease or the Company’s incremental borrowing rate, when implicit rate is not available

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance 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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- 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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