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Indebtedness (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Debt | Long-term debt consisted of the following at December 31, 2024 and 2023 (in millions):
| December 31, 2024 |  | December 31, 2023
Credit Facility, expires 2027 | $ | — |  |  | $ | — |
5.450% Senior notes due 2027 | 400.0 |  |  | — |
5.800% Senior notes due 2034 | 700.0 |  |  | — |
0.800% Senior notes due 2028 | 622.7 |  |  | 664.0 |
1.002% EIB Senior term loan due 2025 | 259.5 |  |  | 276.7 |
EIB Senior term loan due 2029 | 259.5 |  |  | 276.7 |
EIB Senior term loan due 2030 | 176.4 |  |  | — |
Senior term loans due between 2025 and 2028 | 152.0 |  |  | 162.1 |
Other long-term debt | — |  |  | 3.1 |
Debt issuance costs | (12.0) |  |  | (3.1) |
| 2,558.1 |  |  | 1,379.5 |
Less: |  |  |
Current portion of other long-term debt | — |  |  | (2.3) |
1.002% EIB Senior term loan due 2025 | (259.5) |  |  | — |
Senior term loans due 2025 | (65.3) |  |  | — |
Total long-term indebtedness | $ | 2,233.3 |  |  | $ | 1,377.2 |
Maturities of Long-term Debt | At December 31, 2024, the aggregate scheduled maturities of long-term debt, excluding the current portion of long-term debt, are as follows (in millions):
2026 | $ | 54.4 |
2027 | 396.5 |
2028 | 652.9 |
2029 | 259.2 |
Thereafter | 870.3 |
| $ | 2,233.3 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 470 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481544/470-10-50-1 + Details
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