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Fair value of financial instruments (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The fair value and carrying value of our material fixed-rate debt, excluding any unamortized debt issuance costs, are as follows:
(In millions)
September 30, 2025December 31, 2024

2027 Senior Unsecured Notes
  
Carrying value$600.0 600.0 
Fair value571.5 558.7 
2029 Senior Unsecured Notes
Carrying value$400.0 400.0 
Fair value411.4 399.0 
2032 Senior Unsecured Notes
Carrying value$400.0 400.0 
Fair value414.7 397.2 
Derivatives Not Designated as Hedging Instruments
The fair value of these contracts were recognized in the condensed consolidated balance sheet as follows:
(In millions)
September 30, 2025December 31, 2024

Prepaid expenses and other
$5.6 19.0 
Accrued liabilities
(2.1)(10.1)
Net asset
$3.5 8.9 
Amounts under these contracts were recognized in other operating income (expense) as follows:

Three Months
Ended September 30,		Nine Months
Ended September 30,
(in millions)2025202420252024
Derivative instrument gains (losses) included in other operating income (expense)(a)
$11.3 (39.4)$(23.9)(38.1)
(a)Derivative instrument losses in the nine months ended September 30, 2025, and derivative instrument gains in the three months ended September 30, 2025, as compared to the corresponding prior year periods are primarily due to the impact of hedging currency exposures on intercompany loans denominated in the euro, the British pound, and the Mexican peso.
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The fair value of these contracts were recognized in the condensed consolidated balance sheet as follows:
(In millions)
September 30, 2025December 31, 2024

Euro net investment hedge(a)
Prepaid expenses and other
$2.1 5.7 
Accrued liabilities
(35.0)— 
Other noncurrent liabilities
(29.5)(21.7)
Zero cost collar
Prepaid expenses and other$0.6 — 
Other noncurrent asset
— 3.1 
Hong Kong dollar net investment hedge(b)
Prepaid expenses and other
$0.3 0.1 
Net liability
$(61.5)(12.8)
(a)At September 30, 2025, swaps with a total notional value of $215 million will terminate in May 2026 and have a weighted average maturity of 0.6 years. Swaps with a total notional value of $185 million will terminate in April 2031 and have a weighted average maturity of 5.0 years.
(b)At September 30, 2025, the total notional value was $55 million with a weighted average maturity of 0.1 years.
The fair values of our interest rate swaps were recognized in the condensed consolidated balance sheet as follows:
(In millions)
September 30, 2025December 31, 2024

$100 million notional - June 2027 maturity (a)
Accrued liabilities
$(0.1)— 
Other noncurrent liabilities
(0.4)— 
$50 million notional - June 2027 maturity (a)
Other noncurrent liabilities
$(0.1)— 
Net liability
$(0.6)— 
(a)At September 30, 2025, swaps with a total notional value of $150 million will terminate in June 2027 and have a weighted average maturity of 0.9 years.
Schedule of Interest Rate Derivatives
The effect of the amortization of the spot-forward difference on the net investment hedges cross currency swaps and foreign exchange forward swap contract is included as a benefit in interest expense as follows:

Three Months
Ended September 30,		Nine Months
Ended September 30,
(In millions)2025202420252024
Cross currency swaps designated as net investment hedges
$(1.2)(1.2)$(3.6)(3.5)
Amounts under our interest rate swap contracts were recognized in interest expense as follows:

Three Months
Ended September 30,		Nine Months
Ended September 30,
(In millions)2025202420252024

Impact to interest expense - (benefit) cost
$(1.7)(4.6)$(6.3)(14.3)