Leases (Tables)

3 Months Ended

Mar. 31, 2026

The following table presents the lease balances within our unaudited condensed consolidated balance sheets, weighted average remaining lease term and weighted average discount rates related to our leases:


Lease Assets and Liabilities		March 31, 2026		December 31, 2025
Assets
Operating lease, net	Property, plant and equipment, net	$	85.4	$	81.7
Finance lease, net	Other assets	28.0		30.1
Total lease assets		$	113.4	$	111.8

Liabilities
Current:
Operating lease liabilities	Other current liabilities	$	22.1	$	20.7
Finance lease liabilities	Other current liabilities	7.4		7.5
Non-current:
Operating lease liabilities	Other long-term liabilities	65.1		62.6
Finance lease liabilities	Other long-term liabilities	21.4		23.5
Total lease liabilities		$	116.0	$	114.3

Weighted-average remaining lease terms
Operating leases		5.8 years		5.9 years
Finance leases		4.9 years		5.0 years
Weighted-average discount rate
Operating leases		6.9%		6.9%
Finance leases		6.2%		6.1%

Schedule of Operating Lease Future Minimum Payments

The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2026:


	Finance		Operating
2026	$	7.1	$	20.8
2027	9.4		22.7
2028	5.2		19.0
2029	3.2		12.6
2030	2.7		8.6
2031	2.8		5.4
Thereafter	3.7		5.4
Total future minimum lease payments	34.1		94.5
Less: Present value discount	5.3		7.3
Lease liability	$	28.8	$	87.2

Schedule of Finance Lease Future Minimum Payments

The following table summarizes future minimum lease payments for non-cancelable operating leases and for finance leases as of March 31, 2026:


	Finance		Operating
2026	$	7.1	$	20.8
2027	9.4		22.7
2028	5.2		19.0
2029	3.2		12.6
2030	2.7		8.6
2031	2.8		5.4
Thereafter	3.7		5.4
Total future minimum lease payments	34.1		94.5
Less: Present value discount	5.3		7.3
Lease liability	$	28.8	$	87.2