XML 54 R37.htm IDEA: XBRL DOCUMENT

Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Components of Lease Expense

The components of lease expense were as follows:


(in millions)		Twelve Months Ended December 31				Twelve Months Ended December 31				Twelve Months Ended December 31
		2025				2024				2023
Operating lease cost			18.2				17.1				17.9
Short-term lease cost			7.7				8.7				8.1
Total lease cost		$	25.9			$	25.8			$	26.0

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases is as follows:


(in millions)		Twelve Months Ended December 31				Twelve Months Ended December 31				Twelve Months Ended December 31
		2025				2024				2023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	25.9			$	25.9			$	26.1
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases		$	15.1			$	14.0			$	11.0

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases is as follows:


(in millions except lease term and discount rate)		December 31, 2025				December 31, 2024
Operating leases:
Operating lease right-of-use assets		$	52.7			$	44.8
Current portion of operating lease liabilities		$	15.9			$	13.9
Operating lease liabilities, net of current portion			36.8				31.0
Total operating lease liabilities		$	52.7			$	44.9
Weighted average remaining lease term:
Operating leases		6.3 years				5.6 years
Weighted average discount rate:
Operating leases			4.1	%			3.8	%

Maturities of Lease Liabilities

Maturities of lease liabilities were as follows as at December 31, 2025:


(in millions)		Operating Leases
Within one year		$	16.3
Year two			10.0
Year three			8.1
Year four			6.4
Year five			4.9
Thereafter			15.3
Total lease payments			61.0
Less imputed interest			(8.3	)
Total		$	52.7

As of December 31, 2025, additional operating and finance leases that have not yet commenced are $0.7 million.

Maturities of lease liabilities were as follows as at December 31, 2024:


(in millions)		Operating Leases
Within one year		$	14.3
Year two			9.8
Year three			5.7
Year four			5.1
Year five			3.9
Thereafter			11.7
Total lease payments			50.5
Less imputed interest			(5.6	)
Total		$	44.9