XML 50 R38.htm IDEA: XBRL DOCUMENT

Leases (Tables)

12 Months Ended

Dec. 31, 2025

Leases [Abstract]

Components of Lease Expense and Other Information

The components of lease expense for the years ended December 31, 2025, 2024 and 2023, were as follows:


(in millions)		2025				2024				2023
Operating lease cost		$	29.0			$	29.0			$	28.6
Sublease income			(3.2	)			(3.1	)			(2.5	)
Total lease cost		$	25.8			$	25.9			$	26.1

Other information related to leases for the years ended December 31, 2025 and 2024 was as follows:


		Twelve Months Ended December 31,
(in millions, except lease term and discount rate)		2025				2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases		$	29.9			$	27.9
Right-of-use assets obtained in exchange for lease obligations:
Operating leases		$	15.1			$	19.5

Weighted average remaining lease term:
Operating leases		5.3 years

Weighted average discount rate:
Operating leases			5.3	%

Schedule of Future Minimum Lease Payments, Net of Sublease Income

Future minimum lease payments, net of sub-lease income, for all non-cancelable leases as of December 31, 2025 were as follows:


(in millions)		Operating Leases
2026		$	24.7
2027			20.1
2028			17.2
2029			13.5
2030			11.5
Thereafter			9.7
Total minimum lease payments			96.7
Less imputed interest			12.7
Future minimum payments for leases, net of sublease rental income and imputed interest		$	84.0