v3.26.1
Derivative Instruments and Fair Value Accounting (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives [Table Text Block]
Interest Rate Hedges
 
Included in accompanying 
balance sheet at June 30, 2026
Effect on interest expense – increase/(decrease)
 AssetLiabilityAOCI –
loss/(income)		Three Months Ended
June 30,		Six Months Ended
June 30,
Expected effect during next twelve months (1)
2026202520262025
 (in millions)
Interest rate hedges (2)
$6.6 $— $(7.1)$0.1 $(2.4)$0.2 $(4.5)$(2.1)
(1) Based on the fair value of open hedges as of June 30, 2026.
(2) Includes instruments with an aggregate notional amount of $763.5 million as of June 30, 2026 to hedge a portion of our outstanding debt.
Schedule of Foreign Exchange Contracts, Statement of Financial Position
Foreign Currency Hedges
Our exposure related to foreign currency transactions is currently hedged for up to a maximum of eighteen months. Information related to our foreign currency hedges is as follows:
Included in accompanying 
balance sheet at June 30, 2026
Effect on cost of revenues – increase/(decrease)
AssetLiabilityAOCI –
loss/(income)		Three Months Ended
June 30,		Six Months Ended
June 30,
Expected effect during next twelve months (1)
Instrument2026202520262025
(in millions)
Foreign currency hedges$3.4 $0.2 $(4.9)$(2.5)$2.0 $(5.5)$6.7 $(4.5)
(1) Based on the fair value of open hedges as of June 30, 2026.
Derivatives Not Designated as Hedging Instruments
Derivatives Not Designated as Hedging Instruments
 
Included in accompanying balance sheet
at June 30, 2026
Effect on other, net (income) expense – increase/(decrease)
Three Months Ended
June 30,		Six Months Ended
June 30,
 AssetLiability2026202520262025
 (in millions)
Interest rate derivatives (1):
TILC warehouse facility – interest rate cap$6.7 $— $(0.9)$1.0 $(3.4)$3.9 
TILC – interest rate cap$— $6.7 $0.9 $(1.0)$3.4 $(3.9)
(1) Comprised of back-to-back interest rate caps entered into with the same counterparty in connection with our risk management objectives.
Fair Value, Inputs, Level 1 [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets measured on a recurring basis as Level 1 in the fair value hierarchy are summarized below:
Level 1
 June 30, 2026December 31, 2025
(in millions)
Assets:
Cash equivalents$101.7 $172.4 
Restricted cash114.2 122.3 
Total assets$215.9 $294.7 
Level 2  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] The assets and liabilities measured on a recurring basis as Level 2 in the fair value hierarchy are summarized below:
Level 2
 June 30, 2026December 31, 2025
(in millions)
Assets (1):
Derivatives designated as hedging instruments:
Interest rate hedges$6.6 $— 
Foreign currency hedges3.4 3.6 
Derivatives not designated as hedging instruments:
Interest rate derivatives6.7 7.3 
Total assets$16.7 $10.9 
Liabilities (2):
Derivatives designated as hedging instruments:
Interest rate hedges$— $6.7 
Foreign currency hedges0.2 — 
Derivatives not designated as hedging instruments:
Interest rate derivatives6.7 7.3 
Total liabilities$6.9 $14.0 
(1) Included in other assets in our Consolidated Balance Sheets.
(2) Included in accrued liabilities in our Consolidated Balance Sheets.