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Derivative Instruments and Fair Value Accounting (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives [Table Text Block]
Interest Rate Hedges
 
Included in accompanying balance sheet at March 31, 2026
Effect on interest expense –
increase/(decrease)
 AssetLiabilityAOCI –
loss/(income)
Three Months Ended
March 31,
Expected effect during next twelve months (1)
20262025
 (in millions)
Interest rate hedges (2)
$2.8 $1.4 $1.1 $0.1 $(2.1)$0.6 
(1) Based on the fair value of open hedges as of March 31, 2026.
(2) Includes instruments with an aggregate notional amount of $769.5 million as of March 31, 2026 to hedge a portion of our outstanding debt, as well as instruments with aggregate notional amount of $200.0 million to hedge a portion of the risk of potential interest rate increases in anticipation of a debt issuance, which was completed in April 2026.
Schedule of Foreign Exchange Contracts, Statement of Financial Position
Foreign Currency Hedges
Our exposure related to foreign currency transactions is currently hedged for up to a maximum of twenty-one months. Information related to our foreign currency hedges is as follows:
Included in accompanying balance sheet at March 31, 2026
Effect on cost of revenues –
increase/(decrease)
AssetLiabilityAOCI –
loss/(income)
Three Months Ended
March 31,
Expected effect during next twelve months (1)
Instrument20262025
(in millions)
Foreign currency hedges$2.7 $— $(4.2)$(3.0)$4.7 $(4.2)
(1) Based on the fair value of open hedges as of March 31, 2026.
Derivatives Not Designated as Hedging Instruments
Derivatives Not Designated as Hedging Instruments
 
Included in accompanying balance sheet
at March 31, 2026
Effect on other, net (income) expense – increase/(decrease)
Three Months Ended
March 31,
 AssetLiability20262025
 (in millions)
Interest rate derivatives (1):
TILC warehouse facility – interest rate cap$7.8 $— $(2.5)$2.9 
TILC – interest rate cap$— $7.8 $2.5 $(2.9)
(1) Comprised of back-to-back interest rate caps entered into with the same counterparty in connection with our risk management objectives.
Fair Value, Inputs, Level 1 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets measured on a recurring basis as Level 1 in the fair value hierarchy are summarized below:
Level 1
 March 31, 2026December 31, 2025
(in millions)
Assets:
Cash equivalents$100.6 $172.4 
Restricted cash120.0 122.3 
Total assets$220.6 $294.7 
Level 2  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets and liabilities measured on a recurring basis as Level 2 in the fair value hierarchy are summarized below:
Level 2
 March 31, 2026December 31, 2025
(in millions)
Assets (1):
Derivatives designated as hedging instruments:
Interest rate hedges$2.8 $— 
Foreign currency hedges2.7 3.6 
Derivatives not designated as hedging instruments:
Interest rate derivatives7.8 7.3 
Total assets$13.3 $10.9 
Liabilities (2):
Derivatives designated as hedging instruments:
Interest rate hedges$1.4 $6.7 
Derivatives not designated as hedging instruments:
Interest rate derivatives7.8 7.3 
Total liabilities$9.2 $14.0 
(1) Included in other assets in our Consolidated Balance Sheets.
(2) Included in accrued liabilities in our Consolidated Balance Sheets.