v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Schedule of Lease Information
Additional information related to our leases is as follows:
Six Months Ended
June 30,
(in millions)20262025
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$20.0 $20.8 
Operating cash flows for finance leases0.1 0.2 
Financing cash flows for finance leases1.4 2.0 
Right-of-use assets obtained in exchange for new lease liabilities
Operating leases$41.1 $10.4 
Finance leases0.4 — 
Schedule of Investment In Lease Receivables
As of June 30, 2026 and December 31, 2025, investments in lease receivables were as follows:
(in millions)June 30, 2026December 31, 2025
Future minimum payments to be received on leases$179.9 $162.9 
Guaranteed residual lease values101.8 93.5 
Total minimum lease payments to be received281.7 256.4 
Unearned income(48.7)(43.8)
Net investment in leases$233.0 $212.6 
Schedule of Sales-type Lease Income
The table below provides additional information on our sales-type leases. Revenue and cost of goods sold are recorded in operating revenues and operating supplies and expenses—net in the consolidated statements of comprehensive income, respectively.
Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2026202520262025
Revenue$61.4 $63.2 $119.6 $119.2 
Cost of goods sold(56.2)(56.6)(109.1)(107.0)
Operating profit$5.2 $6.6 $10.5 $12.2 
Interest income on lease receivables$8.2 $8.2 $15.9 $16.1