v3.26.3
Leases
9 Months Ended
Sep. 30, 2026
Leases [Abstract]  
Leases

(14) Leases

The components of lease expense were as follows:

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Operating lease expense

 

$

33.0

 

 

$

36.2

 

 

$

99.0

 

 

$

102.0

 

Short-term lease expense

 

 

2.6

 

 

 

4.8

 

 

 

8.1

 

 

 

13.6

 

Variable lease expense

 

 

1.0

 

 

 

1.8

 

 

 

2.7

 

 

 

5.1

 

Total lease expense

 

$

36.6

 

 

$

42.8

 

 

$

109.8

 

 

$

120.7

 

 

Other information related to our operating leases is as follows:

 

 

 

Nine Months Ended September 30,

 

 

 

2026

 

 

2025

 

Cash paid for amounts included in the measurement of liabilities

 

$

98.5

 

 

$

99.4

 

Right-of-use assets obtained in exchange for new liabilities

 

$

40.7

 

 

$

81.2

 

Weighted-average remaining lease term

 

4.9 years

 

 

5.3 years

 

Weighted-average discount rate

 

 

4.4

%

 

 

4.0

%

 

Maturities of operating lease liabilities as of September 30, 2026 were as follows:

 

 

 

Operating Leases

 

2026

 

$

30.5

 

2027

 

 

105.4

 

2028

 

 

81.6

 

2029

 

 

58.9

 

2030

 

 

45.2

 

2031

 

 

33.4

 

Thereafter

 

 

42.7

 

Total future undiscounted lease payments

 

 

397.7

 

Less imputed interest

 

 

(38.7

)

Total operating lease liabilities

 

$

359.0