v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income (loss) $ (2.1) $ (0.3)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 38.5 36.3
Non-cash lease expense 11.2 9.6
Non-cash interest expense, net 2.3 2.5
Equity-based compensation expense 5.8 7.6
Net loss on disposals, consolidations and deconsolidations 4.3 6.4
Deferred income taxes (1.3) (0.3)
Equity in earnings of unconsolidated affiliates, net of distributions received 2.6 1.1
Changes in operating assets and liabilities, net of acquisitions and divestitures:    
Accounts receivable 3.6 4.8
Other operating assets and liabilities (53.2) (61.7)
Net cash provided by (used in) operating activities 11.7 6.0
Cash flows from investing activities:    
Purchases of property and equipment (16.0) (22.7)
Payments for acquisitions, net of cash acquired (4.2) (44.0)
Proceeds from disposals of facilities and other assets 0.0 4.8
Purchases of equity investments 0.0 (3.8)
Proceeds from sales of equity investments 0.9 0.0
Other investing activities 5.9 (10.7)
Net cash provided by (used in) investing activities (13.4) (76.4)
Cash flows from financing activities:    
Principal payments on long-term debt (193.8) (119.3)
Borrowings of long-term debt 195.4 213.6
Payments of debt issuance costs (0.4) 0.0
Distributions to non-controlling interest holders (58.0) (62.3)
Proceeds related to ownership transactions with non-controlling interest holders 0.5 1.7
Other financing activities 0.4 (3.5)
Net cash provided by (used in) financing activities (55.9) 30.2
Net increase (decrease) in cash and cash equivalents (57.6) (40.2)
Cash and cash equivalents at beginning of period 239.9 269.5
Cash and cash equivalents at end of period $ 182.3 $ 229.3