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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Recorded at Fair Value
Financial Instruments Recorded at Fair Value (in millions):
December 31, 2024December 31, 2023
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets:        
Cash and cash equivalents$671.4 $— $— $671.4 $201.2 $— $— $201.2 
Deferred compensation asset (a)0.4 — — 0.4 3.3 — — 3.3 
Liabilities:  
Deferred compensation obligation (a)
$0.4 $— $— $0.4 $3.3 $— $— $3.3 
 
(a)    The deferred compensation obligation represents the balance of deferred compensation plus net investment earnings. The deferred compensation plan is funded through a rabbi trust. Trust funds are invested in mutual funds for which unit prices are quoted in active markets and are classified within Level 1 of the valuation hierarchy.