v3.25.2
Financial Instruments and Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value by Balance Sheet Location
The following table summarizes the fair value of the company’s foreign exchange forward contracts.
June 30, 2025December 31, 2024
Balance Sheet Location
Prepaid expenses and other current assets$14.2 $0.1 
Other accrued liabilities0.2 9.5 
Total fair value$14.0 $(9.4)
Schedule of Gains (Losses) Recognized on Foreign Exchange Forward Contracts
The following table summarizes the location and amount of gains (losses) recognized on foreign exchange forward contracts.
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Statement of Income Location
Other (expense), net$38.0 $(5.3)$53.9 $(17.0)
Schedule of Fair Values of Financial Instruments Not Measured at Fair Value in Consolidated Balance Sheets Such financial instruments are not included in the following table that provides information about the estimated fair values of other financial instruments that are not measured at fair value in the consolidated balance sheets as of June 30, 2025 and December 31, 2024.
June 30, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Long-term debt:
10.625% senior secured notes due January 15, 2031
$685.9 $719.9 $— $— 
6.875% senior secured notes due November 1, 2027
$— $— $481.6 $471.3