Derivative Financial Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivatives

The following table presents the fair value of derivatives as of December 31, 2024 and 2023 (in millions):

			December 31, 2024				December 31, 2023
	December 31, 2024		Assets		Liabilities		Assets		Liabilities
Derivative Instrument	Notional		Fair Value		Fair Value		Fair Value		Fair Value
Designated:
Cash flow hedges:
Interest rate swaps	$	1,973.6	$	11.3	$	3.0	$	4.3	$	6.7
Non-designated:
Foreign currency forward contracts	$	559.5	$	1.3	$	1.7	$	1.0	$	0.7

Schedule of Effect of Derivatives As Hedges, Net of Applicable Income Taxes

The following table presents the effect of derivatives designated as cash flow hedges in the Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022 (in millions):

	Beginning Accumulated Other Comprehensive (Gain) Loss(1)		Amount of (Gain) Loss Recognized in Other Comprehensive Loss on Derivatives(2)		Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Loss into Statement of Operations(3)		Ending Accumulated Other Comprehensive (Gain) Loss
Year Ended December 31, 2024
Interest rate cash flow hedges	$	(37.0)	$	(25.7)	$	37.5	$	(25.2)
Year Ended December 31, 2023
Interest rate cash flow hedges	$	(48.7)	$	(24.3)	$	36.0	$	(37.0)
Year Ended December 31, 2022
Interest rate cash flow hedges	$	84.2	$	(116.0)	$	(16.9)	$	(48.7)

(1) Amount is net of related deferred tax benefit of $2.5 million, $0.0 million and $0.0 million for the years ended December 31, 2024, 2023 and 2022, respectively.

(2) Amount is net of related deferred tax expense of $4.8 million and benefit of $2.5 million and $0.0 million for the years ended December 31, 2024, 2023 and 2022, respectively.

(3) Amount is net of related income tax expense of $4.8 million, $0.0 million and $0.0 million for the years ended December 31, 2024, 2023 and 2022, respectively.