v3.26.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Expense (Income), Weighted-Average Remaining Lease Term and Discount Rate, and Other Information Related to the Company's Operating Leases
The components of lease expense (income) of the Company’s operating leases are as follows:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)2026202520262025
Operating lease expenses$9.7 $7.9 $27.3 $23.1 
Variable lease costs1.2 0.3 3.3 0.8 
Short-term lease costs0.3 0.2 0.8 0.4 
Sublease income(0.7)(0.7)(2.0)(2.0)
Total lease costs$10.5 $7.7 $29.4 $22.3 
Weighted-average remaining lease term and discount rate for the Company’s operating leases are as follows:
As of
September 30,December 31,
Lease Term and Discount Rate20262025
Weighted-average remaining lease term (years)6.25.5
Weighted-average discount rate4.5 %4.2 %
Other information related to the Company’s operating leases are as follows:
Other InformationNine Months Ended
September 30,
(in millions)20262025
Operating cash flows used for operating leases$27.4 $25.8 
Right of use assets obtained for new operating lease liabilities$61.8 $12.0 
Summary of Maturities of Operating Lease Liability
Maturities of the Company’s operating lease liabilities as of September 30, 2026 are as follows:
Maturity of Lease LiabilitiesOperating
(in millions)Leases
Remainder of 2026$6.7 
202732.9 
202838.2 
202928.8 
203025.2 
Thereafter69.2 
Total lease payments$201.0 
Less: Interest(27.4)
Present value of lease liabilities$173.6 
Other accrued liabilities$24.4 
Long-term operating lease liabilities$149.2