Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes our total indebtedness:


				March 31, 2026				December 31, 2025
Type		Maturity		Effective Interest Rate		Carrying Value		Effective Interest Rate		Carrying Value
Senior Secured Notes		2026		4.500 %		$–		4.500 %		$100.0
Senior Secured Notes		2028		3.875 %		900.0		3.875 %		921.2
Senior Notes		2029		4.875 %		900.0		4.875 %		921.4
Revolving Credit Facility		2029		6.418 %		–		6.466 %		–
Term Loan Facility (Tranche 1)		2031		6.418 %		1,999.2		6.466 %		1,999.2
Term Loan Facility (Tranche 2)		2031		6.918 %		500.0		6.966 %		500.0
Finance lease		2036		6.936 %		27.6		6.936 %		28.1
Total debt outstanding						4,326.8				4,469.9
Debt discounts and issuance costs						(43.7)				(46.9)
Current portion of long-term debt(1)						(1.5)				(101.5)
Long-term debt						$4,281.6				$4,321.5

(1)As of December 31, 2025, $100.0 of the Senior Secured Notes due 2026 were outstanding, which we fully redeemed in January 2026.