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Income Taxes - Reconciliation of the Effective Income Tax Rate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Amount      
Federal statutory tax rate $ 137.5    
Other adjustments 0.2    
Valuation allowances 3.5    
Unrecognized tax benefits (0.3)    
Effective tax rate $ 121.5 $ 188.4 $ (84.4)
Percent      
Federal statutory tax rate 25.00% 25.00% 23.50%
Tax rate differential   (2.70%) (4.90%)
Other adjustments 0.00%    
Change in other valuation allowances 0.70% 0.60% 0.30%
Unrecognized tax benefits (0.10%)    
Effective tax rate 22.10% 43.90% (22.50%)
Switzerland      
Amount      
Tax rate differential $ (44.8)    
Cantonal income taxes 20.3    
Other adjustments $ 3.7    
Percent      
Tax rate differential (8.10%)    
Cantonal income taxes 3.60%    
Other adjustments 0.70%    
Other      
Amount      
Tax rate differential $ 5.7    
Percent      
Tax rate differential 1.00%    
United States      
Amount      
Tax rate differential $ (10.6)    
Other adjustments (7.3)    
State and local income taxes $ 13.6    
Percent      
Tax rate differential (1.90%)    
Other adjustments (1.30%)    
State and local income taxes 2.50%