Leases

3 Months Ended

Mar. 31, 2026

Supplemental balance sheet information related to leases as of March 31, 2026 and December 31, 2025, was as follows:


		As of
		March 31, 2026		December 31, 2025
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	195.3	$	194.0
Current operating lease liabilities	Accounts payable and other current liabilities	$	54.0	$	52.8
Non-current operating lease liabilities	Other liabilities	159.4		160.1
Total operating lease liabilities		$	213.4	$	212.9
Finance Leases
Finance lease right-of-use assets	Property, plant and equipment, net	$	55.5	$	60.6
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	8.7	$	10.7
Non-current finance lease liabilities	Long-term debt	52.3		54.0
Total finance lease liabilities		$	61.0	$	64.7

Supplemental cash flow information related to leases for the three months ended March 31, 2026 and March 31, 2025, was as follows:


	Three Months Ended
	March 31, 2026		March 31, 2025
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	18.3	$	11.9
Operating cash flows from finance leases	0.9		0.9
Financing cash flows from finance leases	3.7		2.7
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	18.4		4.3
Finance leases	0.6		3.9

Supplemental balance sheet information related to leases as of March 31, 2026 and December 31, 2025, was as follows:


		As of
		March 31, 2026		December 31, 2025
	Balance Sheet Classification	(In millions)
Operating Leases
Operating lease right-of-use assets	Other assets	$	195.3	$	194.0
Current operating lease liabilities	Accounts payable and other current liabilities	$	54.0	$	52.8
Non-current operating lease liabilities	Other liabilities	159.4		160.1
Total operating lease liabilities		$	213.4	$	212.9
Finance Leases
Finance lease right-of-use assets	Property, plant and equipment, net	$	55.5	$	60.6
Current finance lease liabilities	Current portion of long-term debt and short-term borrowings	$	8.7	$	10.7
Non-current finance lease liabilities	Long-term debt	52.3		54.0
Total finance lease liabilities		$	61.0	$	64.7

Supplemental cash flow information related to leases for the three months ended March 31, 2026 and March 31, 2025, was as follows:


	Three Months Ended
	March 31, 2026		March 31, 2025
	(In millions)
Cash paid for amounts included in the measurements of lease liabilities
Operating cash flows from operating leases	$	18.3	$	11.9
Operating cash flows from finance leases	0.9		0.9
Financing cash flows from finance leases	3.7		2.7
Supplemental non-cash information on right-of-use assets obtained in exchange for new lease liabilities
Operating leases	18.4		4.3
Finance leases	0.6		3.9