Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Marketable Securities

As of December 31, 2024, and December 31, 2023, a comparison of cost and market values of our debt and equity securities was as follows:

	Cost				Fair Value				Gross Unrealized Gains				Gross Unrealized Losses
	2024		2023		2024		2023		2024		2023		2024		2023
Available-for-sale debt securities	$	12.1	$	—	$	12.3	$	—	$	0.2	$	—	$	—	$	—
Equity securities	20.0		—		20.0		—		—		—		—		—
Total debt and equity securities	$	32.1	—		32.3		$	—	$	0.2	$	—	$	—	$	—

Schedule of Maturities of Debt Securities

Scheduled maturities of our debt securities were as follows:

	Cost		Fair Value
After 5 years through 10 years	$	12.1	$	12.3
Total debt securities	$	12.1	$	12.3

Schedule of Assets and Liabilities Subject to Fair Value Measurements

Our population of assets and liabilities subject to fair value measurements as of December 31, 2024 were as follows:

	Fair Value		Level 1		Level 2		Level 3
Assets:
Equity securities	$	20.0	$	—	$	—	$	20.0
Debt securities	12.3		—		—		12.3
Foreign currency forward contracts	0.8		—		0.8		—
Cross-currency swaps	3.4		—		3.4		—
Interest rate swaps	0.1		—		0.1		—
Total assets	36.6		—		4.3		32.3
Liabilities:
Foreign currency forward contracts	—		—		—		—
Cross-currency swaps	—		—		—		—
Interest rate swaps	0.2		—		0.2		—
Total liabilities	$	0.2	$	—	$	0.2	$	—

Our population of assets and liabilities subject to fair value measurements as of December 31, 2023 were as follows:

	Fair Value		Level 1		Level 2		Level 3
Assets:
Cross-currency swaps	$	2.5	$	—	$	2.5	$	—
Interest rate swaps	0.8		—		0.8		—
Total assets	3.3		—		3.3		—
Liabilities:
Foreign currency forward contracts	1.6		—		1.6		—
Cross-currency swaps	6.7		—		6.7		—
Interest rate swaps	1.9		—		1.9		—
Total liabilities	$	10.2	—		$	10.2	$	—