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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Valuation of Foreign Currency Exchange Contracts by Pricing Levels | The following table summarizes the valuation of our foreign currency forward contracts and interest rate hedge agreements (see Note 18) that are measured at fair value on a recurring basis, and are classified within Level 2 of the fair value hierarchy as of the periods presented below (in millions):
|  |  |  |  | Level 2 Fair Value |  |
December 31, 2024 |  |  |  |  |  |  |
Foreign currency forward contracts—asset position |  |  |  |  | $ | 5.7 |  |  |
Foreign currency forward contracts—liability position |  |  |  |  | (1.0) |  |  |
Interest rate hedge agreements—asset position |  |  |  |  | 7.8 |  |  |
Interest rate hedge agreements—liability position |  |  |  |  | — |  |  |
Total |  |  |  |  | $ | 12.5 |  |  |
December 31, 2023 |  |  |  |  |  |  |
Foreign currency forward contracts—asset position |  |  |  |  | $ | 0.2 |  |  |
Foreign currency forward contracts—liability position |  |  |  |  | (4.5) |  |  |
Interest rate hedge agreements—asset position |  |  |  |  | 5.2 |  |  |
Interest rate hedge agreements—liability position |  |  |  |  | (2.6) |  |  |
Total |  |  |  |  | $ | (1.7) |  |  |
Schedule of Fair Value, by Balance Sheet Grouping | The table below presents information about the fair value of our financial liabilities whose value were derived using Level 2 inputs of the fair value hierarchy, and is provided for comparative purposes only, relative to the carrying values of our financial instruments recognized in the consolidated balance sheets for the periods presented below (in millions):
| December 31, 2024 |  | December 31, 2023
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
2023 ABL Credit Facility | $ | — |  |  | $ | — |  |  | $ | 26.3 |  |  | $ | 26.3 |
2022 Japan ABL Credit Facility | $ | 25.4 |  |  | $ | 25.4 |  |  | $ | 28.4 |  |  | $ | 28.4 |
2023 Term Loan B | $ | 1,178.1 |  |  | $ | 1,175.2 |  |  | $ | 1,240.6 |  |  | $ | 1,242.2 |
Convertible Notes | $ | 258.3 |  |  | $ | 250.1 |  |  | $ | 258.3 |  |  | $ | 277.0 |
Equipment Notes | $ | 11.7 |  |  | $ | 10.7 |  |  | $ | 19.2 |  |  | $ | 17.0 |
Mortgage Loans | $ | 44.3 |  |  | $ | 53.0 |  |  | $ | 45.4 |  |  | $ | 54.8 |

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- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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