Investments in Unconsolidated Affiliates (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of Equity Method Investments [Line Items]

Schedule of Equity (Earnings) Losses from Unconsolidated Affiliates

The following table presents equity (earnings) losses from our unconsolidated affiliates for the three months ended March 31, 2025 and 2024:

	Three Months Ended
	March 31,
	2025			2024
WAVE	$	(26.8	)	$	(27.4	)
Overcast		0.2			0.2
Equity (earnings) from unconsolidated affiliates, net	$	(26.6	)	$	(27.2	)

Summary of Investment in Joint Venture, Income Statement Data

Condensed financial statement data for WAVE is summarized below.

	Three Months Ended
	March 31,
	2025		2024
Net sales	$	124.1	$	125.8
Gross profit		75.1		76.7
Net earnings		55.3		57.0