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Financing Agreement (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The carrying value of financing obligations and the average related interest rates were as follows (in millions):
Average interest rate as of December 31, 2024MaturityDecember 31, 2024December 31, 2023
Incremental term loan facility6.17%July 2025$400.0 $— 
Revolving loan facility5.76%December 2029282.0 228.2 
Term loan facility6.04%December 2029500.0 780.0 
Private senior notes4.48%July 2028350.0 350.0 
Public senior notes6.95%March 2029500.0 500.0 
Finance lease obligations5.23%
Various through 2029
8.1 10.3 
Notes payable and other4.28%
Various through 2033
47.1 54.2 
Unamortized debt issuance costs and discounts(14.8)(14.3)
Total financing obligations$2,072.4 $1,908.4 
Less: Current financing obligations434.3 54.0 
Total long-term financing obligations$1,638.1 $1,854.4 
Summary of Activity Under Credit Arrangements, Excluding Acquired Borrowings
The following summarizes activity under the Company’s credit arrangements (in millions):
202420232022
Total borrowings as of December 31
$2,032.0$1,858.2$1,990.9
Average outstanding borrowings during year
$2,175.5$2,159.3$2,074.9
Maximum outstanding borrowings during year
$2,329.3$2,386.6$2,300.0
Weighted-average interest rate as of December 31
5.77%5.67%5.33%