Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 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)	June 30, 2025		December 31, 2024
Amended Credit Facilities:
Amended Revolving Credit Facility due 2027	$	467.5	$	—
Amended Term Loan A Facility due 2027	467.5		481.3
Amended Term Loan B Facility due 2029	970.0		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	106.7		330.5
Other long-term obligations	8.6		210.5
	2,820.3		2,797.3
Less: Current maturities of long-term debt	(38.2)		(38.2)
Less: Debt discounts	(2.8)		(3.1)
Less: Debt issuance costs	(18.1)		(23.5)
	$	2,761.2	$	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 June 30, 2025 (in millions):

Years ending December 31:
2025 (excluding the six months ended June 30, 2025)	$	18.8
2026	144.9
2027	1,304.5
2028	10.8
2029	1,335.8
Thereafter	5.5
Total minimum payments	$	2,820.3

Schedule Convertible Notes

The Convertible Notes consisted of the following components:

(in millions)	June 30, 2025		December 31, 2024
Liability:
Principal	$	106.7	$	330.5
Unamortized debt issuance costs	(0.5)		(2.6)
Net carrying amount	$	106.2	$	327.9

Schedule of Interest Expense, Net

The table below presents interest expense, net:

	For the three months ended June 30,				For the six months ended June 30,
(in millions)	2025		2024		2025		2024
Interest expense	$	107.6	$	122.3	$	227.9	$	242.9
Capitalized interest	(11.7)		(2.9)		(21.2)		(4.4)
Interest expense, net	$	95.9	$	119.4	$	206.7	$	238.5

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

	For the three months ended June 30,				For the six months ended June 30,
(in millions)	2025		2024		2025		2024
Coupon interest	$	1.7	$	2.2	$	4.0	$	4.5
Amortization of debt issuance costs	0.4		0.5		0.8		0.9
Convertible Notes interest expense	$	2.1	$	2.7	$	4.8	$	5.4