v3.26.1
Acquisitions and Joint Ventures (Tables)
3 Months Ended
Mar. 31, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Summary of Preliminary Fair Values Assigned to Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary fair values assigned to assets acquired and liabilities assumed:

Cash and cash equivalents

$

24.9

 

Trade receivables

 

82.9

 

Other current assets

 

2.9

 

Property, plant and equipment, net

 

595.1

 

Intangible assets, net

 

653.0

 

Current liabilities

 

(59.7

)

Other long-term liabilities

 

(7.9

)

Purchase price

$

1,291.2

 

Schedule of Unaudited Pro Forma Financial Information

The following unaudited pro forma summary presents the consolidated results of operations for the three months ended March 31, 2026 and 2025 as if the Stakeholder Acquisition had occurred on January 1, 2025. The unaudited pro forma financial information is presented for informational purposes only and is not necessarily indicative of our results of operations that would have occurred had the transaction been consummated at the beginning of the period presented, nor is it necessarily indicative of future results.

 

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Revenues

 

$

4,094.7

 

 

$

4,612.6

 

Net income (loss)

 

 

493.4

 

 

 

264.9