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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Least Cost
The components of total lease cost were as follows:
Years Ended December 31,
(in millions)20242023
Short-term lease cost (a) (b)
$21.0 $16.4 
Operating lease cost (b)
9.5 7.4 
Finance lease interest expense 2.3 1.6 
Finance lease amortization expense (b)
4.2 3.5 
Total lease cost$37.0 $28.9 
(a)Includes leases with terms of one year or less.
(b)Includes variable lease costs, which were not material.
Supplemental cash flow information related to leases are as follows:
Years Ended December 31,
(in millions)20242023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases $6.5 $6.3 
Operating cash flows from finance leases 2.1 1.4 
Financing cash flows from finance leases2.6 1.7 
ROUAs obtained in exchange for lease obligations
Operating leases$6.0 $1.9 
Finance leases 3.6 33.4 
Other information related to operating leases was as follows:
December 31,
Weighted Average Remaining Lease Term20242023
Operating leases 5.7 years5.7 years
Finance leases 10.4 years11.8 years
Weighted Average Discount Rate
Operating leases4.6 %4.3 %
Finance leases4.9 %4.8 %
Schedule of Future Minimum Operating Leases
As of December 31, 2024, the future undiscounted cash flows associated with the Company's operating and financing lease liabilities were as follows:
(in millions)
Years Ended December 31,Operating LeasesFinance Leases
2025$6.4 $4.6 
20265.7 4.7 
20274.2 4.8 
20282.9 4.8 
20291.9 4.9 
Thereafter6.0 24.2 
Total future minimum lease payments27.1 48.0 
Less: Imputed interest3.6 5.3 
Present value of lease liabilities$23.5 $42.7 
Reported lease liabilities as of December 31, 2024
Accrued expense and other current liabilities (current maturities of leases)$5.6 $3.1 
Other liabilities (non-current maturities of leases)17.9 39.6 
Present value of lease liabilities$23.5 $42.7