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Leases (Tables)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Future minimum lease payments
Future minimum lease payments for operating and finance lease obligations as of December 31, 2025 consisted of the following:
Operating LeasesFinance Leases
(in millions)
2026$12.2 $1.5 
20279.0 0.4 
20287.1 0.1 
20296.7  
20305.5  
Thereafter52.9  
Total undiscounted future minimum obligations93.4 2.0 
Less imputed interest(33.6)(0.1)
Present value of net minimum lease obligations$59.8 $1.9 
Balance sheet classification
The following table summarizes our operating and finance leases and their classification within the Consolidated Balance Sheet.
December 31,
2025
December 31,
2024
(in millions)
Assets
Operating - Other assets
$59.2 $63.1 
Finance - Property, plant, and equipment, net
7.0 12.3 
Total lease assets66.2 75.4 
Liabilities
Current
Operating - Accrued liabilities
8.0 8.6 
Finance - Current portion of long-term debt
1.5 5.2 
Non-current
Operating - Other liabilities
51.8 54.7 
Finance - Debt
0.4 1.9 
Total lease liabilities$61.7 $70.4 
Cash flow information
The following table includes supplemental cash flow and non-cash information related to leases:
December 31,
2025
December 31,
2024
December 31,
2023
Cash paid for amounts included in the measurement of lease liabilities
Cash paid for operating leases$13.4 $10.8 $9.3 
Cash paid for finance leases$5.2 $7.0 $7.0 
Right-of-use assets obtained in exchange for lease obligations
Operating leases$2.9 $36.7 $7.7 
Finance leases$ $1.0 $1.0 
Other information
Other information about lease amounts recognized in our Consolidated Financial Statements is as follows:
December 31,
2025
December 31,
2024
Weighted average remaining lease term - operating leases11.9 years12.0 years
Weighted average remaining lease term - finance leases1.2 years1.5 years
Weighted average discount rate - operating leases6.9 %6.8 %
Weighted average discount rate - finance leases5.5 %4.4 %