Leases Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases, Operating [Abstract]

Schedule of Minimum Future Rental Commitments

The following table shows our minimum future lease commitments due in each of the next five years and thereafter for operating leases:

(in millions)	As of December 31, 2024
2025	$	43.3
2026	44.5
2027	38.3
2028	32.3
2029	21.1
Thereafter	60.1
Total minimum lease commitments	239.6
Adjustment for discount to present value	34.2
Present value of lease liabilities	$	205.4

Operating leases

The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates for our operating leases:

	As of December 31, 2024
Weighted-average remaining lease term (in years)	6.3
Weighted-average discount rate	4.5	%