Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Madison Industries IAQ Solutions Corporation

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

Schedule of Assets Measured at Fair Value on a Recurring Basis

The following table presents information about certain financial assets that are required to be measured at fair value on a recurring basis as of March 31, 2026:

	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	228.6	$	228.6	$	—	$	—
Interest rate swaps and collars	3.1		—		3.1		—
Foreign currency derivatives	1.8		—		1.8		—
Total	$	233.5	$	228.6	$	4.9	$	—

The following table presents information about certain financial assets that are required to be measured at fair value on a recurring basis as of December 31, 2025:

	Total		Level 1		Level 2		Level 3
Cash and cash equivalents	$	208.4	$	208.4	$	—	$	—
Interest rate swaps and collars	(4.4)		—		(4.4)		—
Foreign currency derivatives	2.2		—		2.2		—
Total	$	206.2	$	208.4	$	(2.2)	$	—