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Commitment and contingencies (Tables)
3 Months Ended
Mar. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Lease Balances
The following table presents the lease balances within the consolidated balance sheets as of March 31, 2025 and December 31, 2024:
March 31,
2025
December 31,
2024
Operating lease right-of-use assets(1)
$21.5 $22.8 
Operating lease liabilities(2)
$24.2 $24.5 
Weighted average lease term (years)5.05.2
Weighted average discount rate3.0 %3.0 %
(1) Operating lease right-of-use assets are included in Other assets on the Company’s consolidated balance sheets.
(2) Operating lease liabilities are included in Other liabilities on the Company’s consolidated balance sheets.
Schedule of Future Minimum Rental Commitments
Future minimum rental commitments as of March 31, 2025 under these leases are expected to be as follows:
Future Payments
Remainder of 2025$4.3 
20265.2 
20274.4 
20284.7 
2029 and thereafter5.9 
Total future annual minimum rental payments24.5 
Less: present value discount(0.3)
Total lease liability as of March 31, 2025$24.2