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Leases
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Leases Leases
The Company has operating leases primarily for real estate, data centers and equipment. Remaining lease terms are up to 11 years.
Supplemental Consolidated Balance Sheets information related to the Company’s operating leases is as follows:
December 31,
LeaseBalance Sheet Presentation20242023
Operating lease right-of-use assetOperating lease right-of-use assets$120.2 $128.8 
Current operating lease liabilitiesAccrued expenses and other current liabilities - Other$32.2 $34.0 
Long-term operating lease liabilitiesLong-term liabilities - Operating lease liabilities149.1 164.0 
Total lease liabilities$181.3 $198.0 
December 31,
Lease term and discount rate20242023
Weighted average remaining lease term (years)7.98.0
Weighted average discount rate4.26 %4.03 %
Operating lease cost, inclusive of variable and short-term lease cost, for the years ended December 31, 2024, 2023 and 2022 was $60 million, $62 million and $62 million, respectively.
Maturities of operating lease liabilities are as follows:
December 31, 2024
2025$40.1 
202633.8 
202726.0 
202821.2 
202915.4 
Thereafter80.4 
Total lease payments $216.9 
Less: Interest(34.1)
Less: Lease Incentives(1)
(1.5)
Present value of lease liabilities$181.3 
(1)Includes lease incentives that will be realized in 2025.
Supplemental cash flow information related to operating leases is as follows:
Year Ended December 31,
202420232022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$44.0 $41.7 $42.8 
Right-of-use assets obtained in exchange for lease obligations
Operating leases$18.7 $24.6 $43.6