v3.25.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2025
Leases [Abstract]  
Schedule of Lease Cost
The Company's lease (income) cost for the three months ended March 31, 2025 and 2024 was as follows:
Three Months Ended March 31,
20252024
(In millions)
Finance lease cost:
Amortization of right-of-use assets
$0.7 $0.7 
Interest on lease liabilities
0.7 0.7 
Operating lease cost
19.9 18.2 
Variable lease cost2.1 2.0 
Short-term lease cost0.0 0.0 
Sublease income(24.5)(27.2)
Lease income$(1.1)$(5.5)
Other lease information is as follows:
Three Months Ended March 31,
20252024
(In millions)
Assets obtained in exchange for operating lease obligations$32.3 $16.7 
Assets obtained in exchange for finance lease obligations$3.4 $3.6 
Schedule of Operating Lease Liability Future Maturity
Future minimum lease payments under noncancellable leases as lessee as of March 31, 2025 were as follows:
Finance
Leases		Operating
Leases
 (In millions)
2025 (remaining nine months)
$5.9 $66.6 
20267.9 86.9 
20276.9 67.1 
20285.2 51.2 
20295.3 48.3 
Thereafter23.8 170.1 
Total minimum lease payments55.0 490.3 
Less: interest/imputed interest(13.8)(104.9)
Total obligations41.2 385.4 
Less: current portion(5.1)(64.9)
Long-term lease obligations$36.2 $320.5 
Schedule of Finance Lease Liability Future Maturity
Future minimum lease payments under noncancellable leases as lessee as of March 31, 2025 were as follows:
Finance
Leases		Operating
Leases
 (In millions)
2025 (remaining nine months)
$5.9 $66.6 
20267.9 86.9 
20276.9 67.1 
20285.2 51.2 
20295.3 48.3 
Thereafter23.8 170.1 
Total minimum lease payments55.0 490.3 
Less: interest/imputed interest(13.8)(104.9)
Total obligations41.2 385.4 
Less: current portion(5.1)(64.9)
Long-term lease obligations$36.2 $320.5 
Schedule of Lease Payments
During the three months ended March 31, 2025 and 2024, the Company made the following cash payments for leases:
Three Months Ended March 31,
20252024
(In millions)
Principal payments on finance lease obligations$1.2 $1.6 
Interest payments on finance lease obligations0.7 0.7 
Payments on operating leases21.2 19.7 
Variable lease payments2.2 2.0 
Schedule of Operating Lease Income
The Company's income from operating leases for the three months ended March 31, 2025 and 2024 was as follows:
Three Months Ended March 31,
20252024
(In millions)
Minimum lease payments$22.2 $24.5 
Variable lease income4.1 4.5 
Total operating lease income$26.3 $29.0 
Schedule of Future Minimum Payments as a Lessor Under Operating Leases
Future minimum payments to be received as lessor under noncancellable operating leases as of March 31, 2025 were as follows:
 (In millions)
2025 (remaining nine months)
$70.6 
202682.7 
202765.9 
202849.7 
202942.0 
Thereafter146.8 
Total minimum rents receivable$457.7 
Schedule of Direct Finance Lease Income
The Company's income from real estate leases for the three months ended March 31, 2025 and 2024 was as follows:
Three Months Ended March 31,
20252024
 (In millions)
Interest income$0.3 $0.3 
Variable lease income0.1 0.1 
Selling profit
— 0.2 
Total real estate lease income$0.4 $0.6 
Schedule of Future Minimum Payments as a Lessor Under Direct Financing Leases
Future minimum payments to be received as lessor under noncancellable real estate leases as of March 31, 2025 were as follows:
 (In millions)
2025 (remaining nine months)
$1.9 
20262.5 
20272.5 
20282.5 
20292.5 
Thereafter12.9 
Total minimum rents receivable24.8 
Less: unearned income(6.9)
Total real estate leases receivable
17.9 
Less: current portion(1.4)
Long-term real estate leases receivable
$16.5