XML 51 R37.htm IDEA: XBRL DOCUMENT v3.25.4
Leases Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Components of Lease Expense
The components of lease expense are as follows (in millions):
Years Ended December 31,
202520242023
Long-term operating lease cost$41.9 $35.4 $24.6 
Short-term operating lease cost21.3 17.6 13.2 
Variable lease cost (1)
13.8 9.8 11.3 
Total operating lease cost$77.0 $62.8 $49.1 
Supplemental Balance Sheet Information
Supplemental balance sheet information related to our operating leases is as follows (in millions, except lease term and discount rate):
December 31,
20252024
Operating lease right-of-use assets$69.3$84.5
Current lease liability$35.6$28.0
Long-term lease liability37.356.9
Total operating lease liabilities$72.9$84.9
Weighted-average remaining lease term (in years)2.53.2
Weighted-average discount rate (1)
7.67 %7.75 %
(1)Represents our estimated incremental borrowing cost on a secured basis for similar terms as the underlying leases.

Supplemental cash flow information related to our operating leases is as follows (in millions):

Years Ended December 31,
202520242023
ROU assets obtained in exchange for operating lease liabilities
$19.4 $39.4 $80.3 
Cash paid for amounts included in the measurement of our operating lease liabilities
$40.1 $34.9 $26.2 
Maturities of Lease Liabilities
Maturities of lease liabilities as of December 31, 2025 were as follows (in millions):
2026$39.8 
202725.4 
20288.3 
20293.5 
20302.7 
Thereafter0.4 
Total lease payments$80.1 
Less imputed interest(7.2)
Total$72.9