INVESTMENT IN SSAT (Tables)

12 Months Ended

Dec. 31, 2025

INVESTMENT IN SSAT

Schedule of condensed income statement information for SSAT

	Years Ended December 31,
(In millions)	2025		2024		2023
Company’s share of income (loss) from SSAT (1)	$	32.5	$	(1.0)	$	2.2
Distributions received from SSAT	$	21.0	$	14.0	$	—

(1) The Company’s share of income (loss) from SSAT includes an impairment charge of $18.4 million representing the Company’s portion of an impairment charge recorded by SSAT, which related to the write-down of an asset group with a terminal operating lease asset during the year ended December 31, 2024. No impairment charges were recorded by SSAT during the years ended December 31, 2025 and 2023.

Unaudited condensed financial information for SSAT - Balance Sheet

	As of December 31,
Condensed Balance Sheets (in millions)	2025		2024
Current assets	$	271.0	$	305.7
Non-current assets		1,491.1		1,625.8
Total Assets	$	1,762.1	$	1,931.5
Current liabilities	$	269.1	$	271.9
Non-current liabilities		1,166.9		1,371.5
Equity		326.1		288.1
Total Liabilities and Equity	$	1,762.1	$	1,931.5

Unaudited condensed financial information for SSAT - Statement of Operating Income and Net Income

	Years Ended December 31,
Condensed Statements of Operating Income and Net Income (in millions)	2025		2024		2023
Operating revenue	$	1,274.0	$	1,193.3	$	1,025.1
Operating costs and expenses (1)		1,209.3		1,162.6		1,019.6
Operating income		64.7		30.7		5.5
Net Income (Loss) (1)(2)	$	91.7	$	(6.4)	$	11.9

(1) Includes an impairment charge related to the write-down of an asset group with a terminal operating lease asset during the year ended December 31, 2024. No impairment charges were recorded by SSAT during the years ended December 31, 2025 and 2023.

(2) Includes earnings or losses from equity method investments held by SSAT, less earnings or losses allocated to non-controlling interests.