Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-term Debt, Net of Current Maturities, Debt Discounts and Issuance Costs

The table below presents long-term debt, net of current maturities, debt discounts, and issuance costs:

(in millions)	March 31, 2025		December 31, 2024
Amended Credit Facilities:
Amended Revolving Credit Facility due 2027	$	60.0	$	—
Amended Term Loan A Facility due 2027	474.4		481.3
Amended Term Loan B Facility due 2029	972.5		975.0
5.625% Notes due 2027	400.0		400.0
4.125% Notes due 2029	400.0		400.0
2.75% Convertible Notes due 2026	330.5		330.5
Other long-term obligations	8.6		210.5
	2,646.0		2,797.3
Less: Current maturities of long-term debt	(38.2)		(38.2)
Less: Debt discounts	(3.0)		(3.1)
Less: Debt issuance costs	(21.3)		(23.5)
	$	2,583.5	$	2,732.5

Schedule of Maturities of Long-term Debt

The following is a schedule of future minimum repayments of long-term debt as of March 31, 2025 (in millions):

Years ending December 31:
2025 (excluding the three months ended March 31, 2025)	$	28.2
2026	368.7
2027	897.0
2028	10.8
2029	1,335.8
Thereafter	5.5
Total minimum payments	$	2,646.0

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)	March 31, 2025		December 31, 2024
Liability:
Principal	$	330.5	$	330.5
Unamortized debt issuance costs	(2.2)		(2.6)
Net carrying amount	$	328.3	$	327.9

Schedule of Interest Expense, Net

The table below presents interest expense, net:

	For the three months ended March 31,
(in millions)	2025		2024
Interest expense	$	120.3	$	120.6
Capitalized interest	(9.5)		(1.5)
Interest expense, net	$	110.8	$	119.1

The table below presents interest expense related to the Convertible Notes:

	For the three months ended March 31,
(in millions)	2025		2024
Coupon interest	$	2.3	$	2.3
Amortization of debt issuance costs	0.4		0.4
Convertible Notes interest expense	$	2.7	$	2.7