Debt - Schedule of Outstanding Debt (Details) - USD ($) $ in Millions |
3 Months Ended | |
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Mar. 31, 2025 |
Dec. 31, 2024 |
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Debt Instrument [Line Items] | ||
Total debt principal | $ 2,872.5 | |
Less: Unamortized capitalized financing fees | (29.0) | $ (31.5) |
Total debt | 2,843.5 | 2,841.0 |
Current portion of debt | 687.8 | 686.9 |
Long-term debt | 2,155.7 | 2,154.1 |
Senior Notes | ||
Debt Instrument [Line Items] | ||
Total debt principal | $ 2,872.5 | 2,872.5 |
2032 Senior Notes | Senior Notes | ||
Debt Instrument [Line Items] | ||
Stated interest rate | 6.75% | |
Effective Interest Rate | 6.92% | |
Total debt principal | $ 1,100.0 | 1,100.0 |
2025 Convertible Notes | Senior Notes | ||
Debt Instrument [Line Items] | ||
Effective Interest Rate | 0.49% | |
Total debt principal | $ 690.0 | 690.0 |
2027 Convertible Notes | Senior Notes | ||
Debt Instrument [Line Items] | ||
Effective Interest Rate | 0.90% | |
Total debt principal | $ 632.5 | 632.5 |
2026 Senior Notes | Senior Notes | ||
Debt Instrument [Line Items] | ||
Stated interest rate | 4.625% | |
Effective Interest Rate | 5.13% | |
Total debt principal | $ 450.0 | $ 450.0 |
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as current. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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