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Leases (Tables)

3 Months Ended

Mar. 31, 2024

Leases [Abstract]

Schedule of Asset and Lease Liability

The ROU asset and lease liability balances as of March 31, 2024 and December 31, 2023 were as follows:

(in Millions)			Classification			March 31, 2024						December 31, 2023
Assets
Operating lease ROU assets			Other assets including long-term receivables, net			$	125.0					$	121.8
Liabilities
Operating lease current liabilities			Accrued and other liabilities			$	28.1					$	24.4
Operating lease noncurrent liabilities			Other long-term liabilities			120.9						123.2

Schedule of Components of Lease Expense, Lease Term and Discount Rate

The components of lease expense for the three months ended March 31, 2024 and 2023 were as follows:

						Three Months Ended March 31,
(in Millions)			Lease Cost Classification			2024						2023
Lease Cost
Operating lease cost			Costs of sales and services / Selling, general and administrative expenses			$	9.3					$	8.3
Variable lease cost			Costs of sales and services / Selling, general and administrative expenses			2.8						2.5
Total lease cost						$	12.1					$	10.8

			March 31, 2024
Operating Lease Term and Discount Rate
Weighted-average remaining lease term (years)			6.9
Weighted-average discount rate			4.6		%

			Three Months Ended March 31,
(in Millions)			2024						2023
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases			$	(15.3)					$	(9.0)
Supplemental non-cash information on lease liabilities arising from obtaining right-of-use assets:
Right-of-use assets obtained in exchange for new operating lease liabilities			$	16.6					$	9.8

Schedule of Future Minimum Lease Payments

The following table represents our future minimum operating lease payments as of, and subsequent to, March 31, 2024 under ASC 842:

(in Millions)															Operating Leases Total
Maturity of Lease Liabilities
2024 (excluding the three months ending March 31, 2024)															$	25.7
2025															28.8
2026															24.0
2027															21.3
2028															18.0
Thereafter															56.6
Total undiscounted lease payments															$	174.4
Less: Present value adjustment															(25.4)
Present value of lease liabilities															$	149.0

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- Definition

Assets And Liabilities, Lessee [Table Text Block]

+ References

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

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