XML 43 R31.htm IDEA: XBRL DOCUMENT v3.24.3
Leases (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Lease Cost
The components of lease expense were as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
($ in millions)2024202320242023
Operating lease cost$6.4 $4.3 $18.1 $15.0 
Finance lease - amortization of right-of-use (ROU) assets0.3 — 0.6 — 
Finance lease - interest on lease liabilities0.1 — 0.1 — 
Short-term lease cost0.8 1.9 1.9 4.4 
Variable lease cost2.5 1.4 6.3 4.4 
Total lease cost$10.1 $7.6 $27.0 $23.8 
Supplemental cash flow information related to leases were as follows:
Nine Months Ended
September 30,
($ in millions)20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$26.3 $14.4 
Financing cash flows from finance leases$23.2 $— 
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases$36.8 $6.6 
Finance leases$24.3 $— 
Schedule Of Assets And Liabilities, Lessee The following table summarizes the finance lease amounts in the condensed consolidated balance sheets as of September 30, 2024:
September 30,
($ in millions)Balance Sheet Classification2024
ROU assets, netOther noncurrent assets$31.9 
Lease liabilities (current)Other current liabilities$0.9 
Lease liabilities (noncurrent)Other long-term liabilities$2.2 
Schedule of Lessee, Operating Lease, Liability, Maturity
Maturities of the Company's lease liabilities as of September 30, 2024 were as follows:
($ in millions)
YearOperating LeasesFinance Leases
2024 (remaining period as of September 30, 2024)
$6.2 $0.2 
202523.2 0.9 
202620.2 0.9 
202715.5 0.8 
202814.1 0.5 
Thereafter37.2 0.1 
116.4 3.4 
Less: imputed lease interest(14.2)(0.3)
Total lease liabilities$102.2 $3.1 
Schedule of Lessee, Finance Lease, Liability, Maturity
Maturities of the Company's lease liabilities as of September 30, 2024 were as follows:
($ in millions)
YearOperating LeasesFinance Leases
2024 (remaining period as of September 30, 2024)
$6.2 $0.2 
202523.2 0.9 
202620.2 0.9 
202715.5 0.8 
202814.1 0.5 
Thereafter37.2 0.1 
116.4 3.4 
Less: imputed lease interest(14.2)(0.3)
Total lease liabilities$102.2 $3.1