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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Long-Term Purchase Commitment The following table summarizes the Company’s purchase commitments as of December 31, 2024 (in millions):
Years Ending December 31,Purchase Commitments
2025
$864.7 
2026
23.6 
Total$888.3 
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, 2024 (in millions):
Years Ending December 31,Unconditional Purchase Obligations
2025$76.1 
202632.2 
20277.0 
20280.2 
Total$115.5 
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,
20242023
Operating lease cost$50.9 $46.6 
Variable lease cost11.8 11.9 
Total lease cost$62.7 $58.5 
Operating cash outflows from operating leases$51.3 $51.6 
ROU assets obtained in exchange for new operating lease liabilities$97.1 $12.4 
As of December 31,
20242023
Weighted average remaining lease term (years)6.43.6
Weighted average discount rate4.7 %3.8 %
Schedule of Future Operating Lease Payments
As of December 31, 2024, future operating lease payments for each of the next five years and thereafter are as follows (in millions):
Years Ending December 31,Amount
2025$46.1 
202631.1 
202728.8 
202823.9 
202920.9 
Thereafter63.0 
Total lease payments213.8 
Less: interest(33.5)
Total$180.3 
Balance Sheet Information
Other accrued liabilities$44.8 
Long-term operating lease liabilities135.5 
Total
$180.3