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Leases (Tables)
3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Asset and Lease Liability
The ROU asset and lease liability balances as of March 31, 2025 and December 31, 2024 were as follows:
(in Millions)ClassificationMarch 31, 2025December 31, 2024
Assets
Operating lease ROU assetsOther assets including long-term receivables, net$114.9 $110.4 
Liabilities
Operating lease current liabilitiesAccrued and other liabilities$25.8 $24.5 
Operating lease noncurrent liabilitiesOther long-term liabilities110.4 106.1 
Schedule of Components of Lease Expense, Lease Term and Discount Rate
The components of lease expense for the three months ended March 31, 2025 and 2024 were as follows:
Three Months Ended March 31,
(in Millions)Lease Cost Classification20252024
Lease Cost
Operating lease costCosts of sales and services / Selling, general and administrative expenses$9.0 $9.3 
Variable lease costCosts of sales and services / Selling, general and administrative expenses3.4 2.8 
Total lease cost$12.4 $12.1 

March 31, 2025
Operating Lease Term and Discount Rate
Weighted-average remaining lease term (years)6.4
Weighted-average discount rate4.9 %
Three Months Ended March 31,
(in Millions)20252024
Other Information
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$(10.1)$(15.3)
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$12.2 $16.6 
Schedule of Future Minimum Lease Payments
The following table represents our future minimum operating lease payments as of, and subsequent to, March 31, 2025 under ASC 842:
(in Millions) Operating Leases Total
Maturity of Lease Liabilities
2025 (excluding the three months ending March 31, 2025)$23.9 
202627.9 
202724.4 
202820.5 
202918.3 
Thereafter44.3 
Total undiscounted lease payments$159.3 
Less: Present value adjustment(23.1)
Present value of lease liabilities$136.2