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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases  
Schedule of lease cost

Year Ended December 31,

2024

   

2023

   

2022

(in millions)

Operating lease cost

$

75.1

$

68.8

$

68.2

Variable fees and other(1)

30.9

28.6

23.2

Total lease cost

$

106.0

$

97.4

$

91.4

(1)Includes variable lease payments and costs of short-term leases.
Schedule of supplemental cash flow and other lease information

Year Ended December 31,

2024

   

2023

   

2022

(in millions)

Supplemental cash flow information:

Cash payments for operating leases                 

$

74.8

$

95.2

$

86.9

Right-of-use assets obtained in exchange for operating lease obligations

$

87.7

$

74.7

$

52.4

December 31,

December 31,

2024

2023

Other lease information:

Weighted average remaining lease term—operating leases

6.3 years

5.8 years

Weighted average discount rate—operating leases

4.6%

4.3%

Schedule of maturities of operating lease liabilities

(in millions)

2025

$

72.5

2026

60.1

2027

48.7

2028

39.8

2029

32.3

Thereafter

67.9

Total operating lease payments

321.3

Less: imputed interest

(45.7)

Total operating lease liabilities

$

275.6