CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 317.0	$ 445.0
Restricted cash	0.0	0.7
Accounts receivable, less allowance of $6.0 million and $8.9 million, respectively	372.2	175.7
Inventories	653.9	757.3
Prepaid expenses	62.9	61.7
Other current assets	149.5	160.3
Current assets held for sale (Note 18)	409.3	0.0
Total current assets	1,964.8	1,600.7
Property, plant and equipment, net	2,206.7	2,219.0
Operating lease right-of-use assets, net	1,268.8	1,339.2
Trade names and trademarks	1,110.2	1,303.9
Other intangible assets, net	53.7	68.7
Goodwill	619.0	620.2
Other assets, net	470.7	484.4
Total assets	7,693.9	7,636.1
Current liabilities:
Accounts payable and accrued expenses	398.8	451.3
Accrued employee compensation and benefits	108.6	113.4
Asset-based credit facilities	46.7	25.4
Operating lease liabilities, short-term	76.2	89.3
Construction advances	18.1	6.0
Deferred revenue	94.5	96.0
Other current liabilities	35.9	44.5
Current liabilities held for sale (Note 18)	149.8	0.0
Total current liabilities	928.6	825.9
Long-term debt, net	1,455.4	1,457.9
Operating lease liabilities, long-term	1,322.6	1,377.1
Deemed landlord financing obligations	1,210.9	1,194.8
Deferred taxes, net	2.2	24.9
Other long-term liabilities	347.6	347.8
Commitments and contingencies (Note 11)
Shareholders’ equity:
Preferred stock, $0.01 par value, 3.0 million shares authorized, none issued and outstanding at both March 31, 2025 and December 31, 2024	0.0	0.0
Common stock, $0.01 par value, 360.0 million shares authorized, and 186.2 million shares issued at both March 31, 2025 and December 31, 2024	1.9	1.9
Additional paid-in capital	3,022.1	3,032.8
Accumulated deficit	(498.1)	(500.2)
Accumulated other comprehensive loss	$ (62.9)	$ (76.0)
Treasury stock (in shares)	2.5	3.1
Less: Common stock held in treasury, at cost, 2.5 million and 3.1 million shares as of March 31, 2025 and December 31, 2024, respectively	$ (36.4)	$ (50.8)
Total shareholders’ equity	2,426.6	2,407.7
Total liabilities and shareholders’ equity	$ 7,693.9	$ 7,636.1