v3.26.1
Derivatives (Tables)
3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Values of Derivative Assets and Liabilities on the Consolidated Balance Sheets
The fair value of our derivative and its location on the Condensed Consolidated Balance Sheets as of December 31, 2025 was as follows:
    
December 31, 2025
(In millions)AssetsLiabilities
Derivatives designated as hedging instrumentsLocation
Interest rate swapsOther current assets$4.0 $— 
Interest rate swaps
Other current liabilities (1)
— 3.0 
Total$4.0 $3.0 
(1)    The entire balance is comprised of the financing component of the pay-fixed interest rate swap.
Schedule Offsetting Assets Under Master Netting Arrangements
For financial statement presentation purposes, we do not offset assets and liabilities under master netting arrangements and all amounts above are presented on a gross basis. The following table, however, is presented on a net asset and net liability basis:

December 31, 2025
(In millions)Gross Amounts on Balance SheetEffects of Counterparty NettingNet Amounts
Assets
Interest rate swaps$4.0 $(3.0)$1.0 
Liabilities
Interest rate swaps$3.0 $(3.0)$— 
Schedule Offsetting Liabilities Under Master Netting Arrangements
For financial statement presentation purposes, we do not offset assets and liabilities under master netting arrangements and all amounts above are presented on a gross basis. The following table, however, is presented on a net asset and net liability basis:

December 31, 2025
(In millions)Gross Amounts on Balance SheetEffects of Counterparty NettingNet Amounts
Assets
Interest rate swaps$4.0 $(3.0)$1.0 
Liabilities
Interest rate swaps$3.0 $(3.0)$— 
Schedule of Derivative Instruments, Effect on Comprehensive Loss
The effect of our derivative and its location on the Condensed Consolidated Statements of Comprehensive Loss for the three months ended March 31, 2025 and 2026 was as follows:

Three Months Ended March 31,
(In millions)20252026
Derivatives designated as hedging instrumentsLocation
Interest rate swapsInterest income (expense)$11.4 $4.0