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Derivatives (Tables)
 12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments
The fair value of derivative instruments on our consolidated balance sheets as of December 31 consisted of the following:
Derivative AssetsDerivative Liabilities
Balance Sheet LocationDecember 31, 2025December 31, 2024Balance Sheet LocationDecember 31, 2025December 31, 2024
Derivatives designated as cash flow hedges:
Interest rate swapsOther current assets— 0.1 Other current liabilities— — 
Interest rate swapsOther assets— — Other liabilities0.4 0.2 
Derivatives designated as fair value hedges:
Cross-currency swapsOther current assets1.2 1.5 Other current liabilities— — 
Cross-currency swapsOther assets— 0.5 Other liabilities8.9 — 
Derivatives designated as net investment hedges:
Cross-currency swapsOther current assets1.2 1.2 Other current liabilities— — 
Cross-currency swapsOther assets— 0.2 Other liabilities8.9 — 
Derivatives not designated as hedging instruments:
Foreign currency forward contracts(a)
Other current assets0.3 0.8 Other current liabilities0.1 — 
(a)Contracts that mature within the next 12 months are included in other current assets and other current liabilities for asset derivatives and liabilities derivatives, respectively, on our consolidated balance sheets. Contracts with maturities greater than 12 months are included in other assets and other liabilities for asset derivatives and liability derivatives, respectively, in our consolidated balance sheets. Amounts included in our consolidated balance sheets are recorded net where a right of offset exists with the same derivative counterparty.
Schedule of Effects of Derivatives Designated as Hedging Instruments
The following tables include the amounts in the consolidated statements of income in which the effects of derivative instruments are recorded and the effects of derivative instruments activity on these line items for the years ended December 31, 2025 and December 31, 2024:
20252024
TotalGain (Loss) on
Hedge Activity		Total Gain (Loss) on
Hedge Activity
Derivatives designated as cash flow hedges:
Interest expense, net(9.0)0.3 (9.1)1.0 
Net foreign currency transaction (loss) gain(1.7)(0.1)0.1 — 
Derivatives designated as fair value hedges:
Interest expense, net(9.0)1.0 (9.1)1.1 
Net foreign currency transaction (loss) gain(1.7)(8.0)0.1 3.9 
Derivatives designated as net investment hedges:
Interest expense, net(9.0)1.0 (9.1)1.0 
The effect of derivative instruments designated as hedges and derivative instruments not designated as hedges in our consolidated statements of income for the three years ended December 31 were as follows:
202520242023
Derivatives designated as cash flow hedges:
Amount of gain recognized in other comprehensive income (loss)(a)
$— $1.8 $0.6 
Amount of net gain reclassified from AOCL into earnings0.2 1.0 2.0 
Derivatives designated as fair value hedges:
Amount of gain recognized in other comprehensive income (loss)(a)
1.6 0.2 — 
Amount of net gain reclassified from AOCL into earnings1.0 1.1 — 
Derivatives designated as net investment hedges:
Amount of gain recognized in other comprehensive income (loss)(a)
(6.1)3.8 2.0 
Amount of net gain reclassified from AOCL into earnings1.0 1.0 1.0 
Derivatives not designated as hedging instruments:
Amount of net (loss) gain recognized in earnings(b)
$(9.6)$6.1 $1.7 
(a)Net change in the fair value of the effective portion classified in other comprehensive income (loss).
(b)Classified in net foreign currency transaction (loss) gain.