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Leases
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Leases Leases
The Company has operating leases for corporate offices, data centers and certain equipment. The operating leases have remaining lease terms of less than 1 year to 8 years, some of which include options to extend the leases for up to 5 years. Some of the Company’s leases also include options to terminate the lease prior to expiration.
The following table summarizes information about the Company’s operating leases for the years ended December 31 (in millions):
202520242023
Operating lease cost$8.6 $8.7 $8.6 
Variable lease cost0.1 0.1 0.1 
Total operating lease expense$8.7 $8.8 $8.7 
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$9.7 $9.0 9.3 
Right of use assets obtained in exchange for new operating lease liabilities
1.4 2.1 3.4 
In determining the incremental borrowing rate, the Company considered the interest rate yield for the specific interest rate environment and the Company’s credit spread at the inception of the lease. For the years ended December 31, 2025 and 2024, the weighted average remaining lease term was 7.6 years and 8.5 years, respectively. For each of the years ended December 31, 2025 and 2024 the weighted average discount rate was 3.55%.
Maturities of operating lease liabilities were as follows (in millions):
Operating Leases
Year Ending December 31,
2026$9.7 
20279.3 
20289.0 
20298.2 
20308.3 
Thereafter25.3 
Total lease payments69.8 
   Less imputed interest(8.4)
Total$61.4