v3.26.1
Income taxes (Tables)
6 Months Ended
Jun. 30, 2026
Income Tax Disclosure [Abstract]  
Schedule of relationship between income tax expense or benefit and income or loss before income taxes
The following table presents the relationship between income tax expense and income before income taxes:
(in millions)
Three months ended June 30,
Six months ended June 30,
2026
2025
2026
2025
Income before income taxes
$81.2$81.7$136.7$167.4
Income tax expense
(43.1)(17.0)(55.3)(38.2)
Effective income tax rate53.1 %20.8 %40.5 %22.8 %