Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Marketable Securities

As of December 31, 2025, and December 31, 2024, 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
Balance as of December 31, 2025
Available-for-sale debt securities	$	12.1	$	11.8	$	—	$	(0.3)
Total debt securities	$	12.1	$	11.8	$	—	$	(0.3)
Balance as of December 31, 2024
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	$	11.8
Total debt securities	$	12.1	$	11.8

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, 2025 were as follows:

	Fair Value		Level 1		Level 2		Level 3
Assets:
Debt securities	11.8		—		—		11.8
Foreign currency forward contracts	0.3		—		0.3		—
Cross-currency swaps	2.4		—		2.4		—
Interest rate swaps	—		—		—		—
Total assets	14.5		—		2.7		11.8
Liabilities:
Foreign currency forward contracts	0.1		—		0.1		—
Cross-currency swaps	17.8		—		17.8		—
Interest rate swaps	0.4		—		0.4		—
Total liabilities	$	18.3	$	—	$	18.3	$	—

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	$	—