v3.26.3
Leases (Tables)
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Schedule of Components of Lease Costs
The components of lease costs were as follows:
Quarter Ended
September 30,
Nine Months Ended
September 30,
(in millions)2026202520262025
Operating lease expense:
Operating lease cost$16.2 $12.6 $41.7 $26.4 
Short-term lease cost0.1 0.1 0.3 0.3 
Total operating lease expense included in other expense$16.3 $12.7 $42.0 $26.7 
Finance lease expense:
Interest expense$0.4 $0.5 $1.3 $1.5 
Depreciation expense2.2 2.2 6.5 6.5 
Total finance lease expense$2.6 $2.7 $7.8 $8.0 
Sublease revenue included in other revenue$4.0 $3.2 $11.8 $9.4 
Schedule of Supplemental Cash Flow
Supplemental cash flow information related to leases was as follows:
Quarter Ended
September 30,
Nine Months Ended
September 30,
(in millions)2026202520262025
Cash outflows for operating leases$18.4 $14.5 $48.3 $44.8 
Cash outflows for finance lease4.4 4.4 13.2 13.1 
Schedule of Supplemental Balance Sheet
Supplemental balance sheet information related to leases was as follows:
Operating leases
(in millions)September 30, 2026December 31, 2025
Operating lease right-of-use assets$320.4 $210.3 
Operating lease liabilities:
Other current liabilities$53.2 $46.8 
Other liabilities330.7 237.4 
Total operating lease liabilities$383.9 $284.2 
Weighted average remaining lease term (in months)10299
Weighted average discount rate4.4 %4.1 %

Finance lease
(in millions)September 30, 2026December 31, 2025
Finance lease right-of-use assets$39.0 $45.5 
Finance lease liabilities:
Other current liabilities$9.2 $9.0 
Other liabilities34.8 41.7 
Total finance lease liabilities$44.0 $50.7 
Weighted average remaining lease term (in months)5463
Weighted average discount rate3.5 %3.5 %
Schedule of Future Minimum Operating Lease Payments
Future minimum lease payments were as follows as of September 30, 2026 for operating and finance leases:
(in millions)Operating Leases
Remainder of 2026$18.4 
202766.2 
202860.9 
202950.6 
203049.8 
203148.2 
Thereafter163.9 
Total lease payments458.0 
Less: imputed interest(74.1)
Present value of lease liability$383.9 
Schedule of Future Minimum Finance Lease Payments
(in millions)Finance Leases
Remainder of 2026$4.4 
202717.8 
202817.9 
202918.1 
203018.3 
20314.6 
Thereafter— 
Total lease payments81.1 
Less: imputed interest(37.1)
Present value of lease liability$44.0