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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-Term Purchase Commitment The following table summarizes the Company’s purchase commitments as of December 31, 2023 (in millions):
Years Ending December 31,Purchase Commitments
2024$989.5 
2025137.1 
202680.0 
202785.0 
Total$1,291.6 
Schedule of Unconditional Purchase Obligations
The following table summarizes the Company’s unconditional purchase obligations other than with contract manufacturers and suppliers as of December 31, 2023 (in millions):
Years Ending December 31,Unconditional Purchase Obligations
2024$33.1 
202530.1 
20265.2 
20271.0 
20280.2 
Total$69.6 
Schedule of Lease Costs
The components of lease costs and other information related to leases were as follows (in millions, except years and percentages):
Years Ended December 31,
20232022
Operating lease cost$46.6 $48.4 
Variable lease cost11.9 10.0 
Total lease cost$58.5 $58.4 
Operating cash outflows from operating leases$51.6 $53.1 
ROU assets obtained in exchange for new operating lease liabilities$12.4 $26.0 
As of December 31,
20232022
Weighted average remaining lease term (years)3.64.1
Weighted average discount rate3.8 %3.5 %
Schedule of Future Operating Lease Payments
As of December 31, 2023, future operating lease payments for each of the next five years and thereafter are as follows (in millions):
Years Ending December 31,Amount
2024$47.1 
202542.4 
202621.2 
202713.5 
20286.9 
Thereafter7.6 
Total lease payments138.7 
Less: interest(9.4)
Total$129.3 
Balance Sheet Information
Other accrued liabilities$46.4 
Long-term operating lease liabilities82.9 
Total
$129.3