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Derivatives and Hedging (Tables) | 12 Months Ended
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Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The following table presents the fair values of the Company’s derivative instruments that were designated and qualified as part of a hedging relationship (in millions):
|  |  |  | Fair Value (1)
Derivatives Designated as Hedging Instruments |  | Balance Sheet Location |  | December 31, 2023 |  | December 31, 2022
Assets: |  |  |  |  |  |
Accrued interest receivable on cross-currency rate swaps |  | Prepaid expenses and other currents assets |  | $ | 0.1 |  |  | $ | 0.1 |
Interest rate swap |  | Other non-current assets |  | 0.1 |  |  | — |
Total assets |  |  |  | $ | 0.2 |  |  | $ | 0.1 |
Liabilities: |  |  |  |  |  |
Cross-currency rate swap |  | Accrued expenses and other current liabilities |  | $ | 10.7 |  |  | $ | — |
Cross-currency rate swap |  | Other non-current liabilities |  | 12.6 |  |  | 12.9 |
Total liabilities |  |  |  | $ | 23.3 |  |  | $ | 12.9 |
(1) Refer to Note 18, Fair Value Measurements, for additional information related to the estimated fair value.
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table summarizes the notional values and pretax impact of changes in the fair values of instruments designated as net investment hedges (in millions):
| Notional Amount |  | Gain (Loss) Recognized in AOCL
| As of |  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022 |  | From October 20, 2021 through December 31, 2021
| December 31, 2023 |  | December 31, 2022 |  |  |
Cross-currency rate swaps | € | 238.8 |  |  | € | 238.8 |  |  | $ | (10.4) |  |  | $ | (12.9) |  |  | $ | — |
Total | € | 238.8 |  |  | € | 238.8 |  |  | $ | (10.4) |  |  | $ | (12.9) |  |  | $ | — |

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
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