LEASES (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of supplemental balance sheet information related to leases

The following table presents the supplemental balance sheet information related to leases as of December 31, 2024 and 2023 (in millions):

	December 31, 2024		December 31, 2023
Operating lease right of use assets	$	124.5	$	136.6
Total leased assets	$	124.5	$	136.6
Current operating lease liabilities (1)	$	19.9	$	20.8
Non-current operating lease liabilities	138.4		150.8
Total leased liabilities	$	158.3	$	171.6

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(1)These amounts are reflected within accounts payable and accrued liabilities in the consolidated balance sheets.

Schedule of lease cost and other information

The following table presents operating lease costs and other information as of and for the years ended December 31, 2024 and 2023 (in millions, except as stated):

	Year Ended December 31, 2024			Year Ended December 31, 2023
Operating lease costs (1)	$	37.1		$	34.5
Lease term and discount rate information:
Weighted average remaining lease term (years)	7.6			8.6
Weighted average discount rate	3.6		%	3.4		%
Supplemental cash flow information and non-cash activity:
Cash paid for amounts included in the measurement of lease liabilities	$	27.2		$	24.9
Right of use assets obtained in exchange for lease liabilities	26.7			44.5
Reduction in lease liability due to remeasurement	(18.5)			—

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(1)Includes short-term lease and variable lease costs, which are immaterial.

Schedule of maturities of lease liabilities

The maturities of the lease liabilities are as follows as of December 31, 2024 (in millions):

	December 31, 2024
2025	$	25.5
2026	28.4
2027	25.0
2028	23.0
2029	14.4
After 2029	67.1
Total lease payments	$	183.4
Less: Interest	(25.1)
Present value of lease liabilities	$	158.3