Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The notional amount of the Company's derivative instruments is summarized as follows (in millions):

	As of
	March 31, 2025		December 31, 2024
Designated derivatives:
Cash flow hedges:
Foreign currency contracts	$	639.4	$	402.6
Fair value hedges:
Interest rate swap contracts	600.0		600.0
Total designated derivatives	1,239.4		1,002.6
Non-designated derivatives	228.5		211.2
Total	$	1,467.9	$	1,213.8

Schedule of Derivative Assets at Fair Value

The fair value of derivative instruments on the Condensed Consolidated Balance Sheets was as follows:

		As of
	Balance Sheet Classification	March 31, 2025		December 31, 2024
Derivative assets:
Derivatives designated as hedging instruments:
Foreign currency contracts as cash flow hedges	Other current assets	$	3.1	$	1.0
Foreign currency contracts as cash flow hedges	Other long-term assets	1.6		—
Total derivatives designated as hedging instruments		$	4.7	$	1.0
Derivatives not designated as hedging instruments	Other current assets	0.4		0.1
Total derivative assets		$	5.1	$	1.1
Derivative liabilities:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	5.8	$	11.8
Foreign currency contracts	Other long-term liabilities	0.3		—
Interest rate swap contracts	Other long-term liabilities	64.1		77.0
Total derivatives designated as hedging instruments		$	70.2	$	88.8
Derivatives not designated as hedging instruments	Other accrued liabilities	0.2		0.2
Total derivative liabilities		$	70.4	$	89.0

Schedule of Derivative Liabilities at Fair Value

The fair value of derivative instruments on the Condensed Consolidated Balance Sheets was as follows:

		As of
	Balance Sheet Classification	March 31, 2025		December 31, 2024
Derivative assets:
Derivatives designated as hedging instruments:
Foreign currency contracts as cash flow hedges	Other current assets	$	3.1	$	1.0
Foreign currency contracts as cash flow hedges	Other long-term assets	1.6		—
Total derivatives designated as hedging instruments		$	4.7	$	1.0
Derivatives not designated as hedging instruments	Other current assets	0.4		0.1
Total derivative assets		$	5.1	$	1.1
Derivative liabilities:
Derivatives designated as hedging instruments:
Foreign currency contracts	Other accrued liabilities	$	5.8	$	11.8
Foreign currency contracts	Other long-term liabilities	0.3		—
Interest rate swap contracts	Other long-term liabilities	64.1		77.0
Total derivatives designated as hedging instruments		$	70.2	$	88.8
Derivatives not designated as hedging instruments	Other accrued liabilities	0.2		0.2
Total derivative liabilities		$	70.4	$	89.0