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Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income Tax Disclosure [Abstract]      
U.S. Federal statutory rate $ 53.0 $ 63.0 $ 206.6
Foreign earnings subject to different tax rates (137.3) (130.7) (152.7)
State and local income taxes, less federal income tax benefit (7.7) 2.5 5.5
Research and development and miscellaneous tax credits (5.7) (5.4) (5.7)
Tax on dividends, deemed dividends, and GILTI 41.9 37.0 24.6
Changes to unrecognized tax benefits 9.6 10.5 10.5
Nondeductible expenses 9.3 9.3 19.6
Change in valuation allowance 639.7 172.5 71.3
Exchange gains and losses 30.3 (18.4) (12.0)
Impact of Switzerland tax incentives (645.0) (1,149.2) 0.0
Other (139.0) (110.4) (22.5)
Total (150.9) (1,119.3) 145.2
GILTI provisions 18.1 25.5 17.8
Decrease related to deferred tax liabilities $ 38.6 $ 120.0 $ 39.7