v3.25.2
LEASES
 6 Months Ended
Jun. 30, 2025
Leases [Abstract]  
LEASES LEASES
The components of lease expense for the periods indicated are as follows:
Three months ended June 30Six months ended June 30
2025202420252024
Finance lease expense:
Amortization of ROU assets (i)
$2.0 $1.9 $4.1 $3.7 
Interest on lease obligations (ii)
0.8 0.9 1.6 1.8 
Operating lease expense (i)
10.3 10.0 20.6 19.7 
Short-term lease expense and variable lease expense (i)
0.7 0.5 1.1 0.9 
Total$13.8 $13.3 $27.4 $26.1 
(i) Recorded in either cost of sales or SG&A based on the nature of the leased assets in the consolidated statement of operations.
(ii) Recorded in finance costs in the consolidated statement of operations.
Other information related to leases for the periods indicated is as follows:
June 30
2025		December 31
2024
ROU assets:
Operating lease ROU assets$123.5 $124.4 
Finance lease ROU assets (included in property, plant & equipment, net)51.4 56.4 
Total ROU assets$174.9 $180.8 
Current portion of lease obligations:
Operating lease liability (included in accrued and other current liabilities and provisions)
$28.5 $25.7 
Finance lease liability (included in current portion of borrowings under credit facility and finance lease obligations)10.1 9.9 
Long-term portion of lease obligations:
Operating lease liability (included in other non-current liabilities and provisions)
109.6 109.4 
Finance lease liability (included in long-term portion of borrowings under credit facility and finance lease obligations)48.4 51.8 
Total lease obligations$196.6 $196.8 
LEASES LEASES
The components of lease expense for the periods indicated are as follows:
Three months ended June 30Six months ended June 30
2025202420252024
Finance lease expense:
Amortization of ROU assets (i)
$2.0 $1.9 $4.1 $3.7 
Interest on lease obligations (ii)
0.8 0.9 1.6 1.8 
Operating lease expense (i)
10.3 10.0 20.6 19.7 
Short-term lease expense and variable lease expense (i)
0.7 0.5 1.1 0.9 
Total$13.8 $13.3 $27.4 $26.1 
(i) Recorded in either cost of sales or SG&A based on the nature of the leased assets in the consolidated statement of operations.
(ii) Recorded in finance costs in the consolidated statement of operations.
Other information related to leases for the periods indicated is as follows:
June 30
2025		December 31
2024
ROU assets:
Operating lease ROU assets$123.5 $124.4 
Finance lease ROU assets (included in property, plant & equipment, net)51.4 56.4 
Total ROU assets$174.9 $180.8 
Current portion of lease obligations:
Operating lease liability (included in accrued and other current liabilities and provisions)
$28.5 $25.7 
Finance lease liability (included in current portion of borrowings under credit facility and finance lease obligations)10.1 9.9 
Long-term portion of lease obligations:
Operating lease liability (included in other non-current liabilities and provisions)
109.6 109.4 
Finance lease liability (included in long-term portion of borrowings under credit facility and finance lease obligations)48.4 51.8 
Total lease obligations$196.6 $196.8