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Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt, Net of Current Maturities, Debt Discounts and Issuance Costs

The table below presents long-term debt, net of current maturities, debt discounts, and issuance costs:

(in millions)			September 30, 2025						December 31, 2024
Amended Credit Facilities:
Amended Revolving Credit Facility due 2027			$	510.0					$	—
Amended Term Loan A Facility due 2027			460.6						481.3
Amended Term Loan B Facility due 2029			967.5						975.0
5.625% Notes due 2027			400.0						400.0
4.125% Notes due 2029			400.0						400.0
2.75% Convertible Notes due 2026			106.7						330.5
Other long-term obligations			8.6						210.5
			2,853.4						2,797.3
Less: Current maturities of long-term debt			(38.2)						(38.2)
Less: Debt discounts			(2.7)						(3.1)
Less: Debt issuance costs			(16.2)						(23.5)
			$	2,796.3					$	2,732.5

Schedule of Maturities of Long-term Debt

The following is a schedule of future minimum repayments of long-term debt as of September 30, 2025 (in millions):

Years ending December 31:
2025 (excluding the nine months ended September 30, 2025)			$	9.4
2026			144.9
2027			1,347.0
2028			10.8
2029			1,335.8
Thereafter			5.5
Total minimum payments			$	2,853.4

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)			September 30, 2025						December 31, 2024
Liability:
Principal			$	106.7					$	330.5
Unamortized debt issuance costs			(0.4)						(2.6)
Net carrying amount			$	106.3					$	327.9

Schedule of Interest Expense, Net

The table below presents interest expense, net:

			For the three months ended September 30,												For the nine months ended September 30,
(in millions)			2025						2024						2025						2024
Interest expense			$	110.4					$	123.2					$	338.3					$	366.1
Capitalized interest			(13.2)						(4.8)						(34.4)						(9.2)
Interest expense, net			$	97.2					$	118.4					$	303.9					$	356.9

The table below presents interest expense related to the Convertible Notes:

			For the three months ended September 30,												For the nine months ended September 30,
(in millions)			2025						2024						2025						2024
Coupon interest			$	1.1					$	2.3					$	5.1					$	6.8
Amortization of debt issuance costs			0.1						0.4						0.9						1.3
Convertible Notes interest expense			$	1.2					$	2.7					$	6.0					$	8.1

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