v3.26.1
Leases (Tables)
6 Months Ended
Jun. 30, 2026
Leases  
Summary of components of lease expense

The components of lease expense are as follows (in millions):

Three Months Ended June 30, 

Six Months Ended June 30, 

2026

2025

  ​ ​ ​

2026

2025

Operating lease expense (1)

$

49.8

$

39.4

$

97.6

$

81.0

________________________________________

(1)Includes short-term leases which are immaterial.
Summary of operating lease liabilities

Our operating lease liabilities are reported on the Condensed Consolidated Balance Sheets as follows (in millions):

June 30, 

December 31, 

  ​ ​ ​

2026

2025

Accrued liabilities

$

167.6

$

155.4

Noncurrent operating lease liabilities, net of current portion

 

314.5

 

325.6

$

482.1

$

481.0