v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Cash Flows From Operating Activities    
Net income (loss) $ (389.6) $ (204.2)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 532.0 568.1
Share-based compensation 40.2 45.4
Goodwill and intangible asset impairments 283.9 0.0
Loss on classification as held for sale 10.1 0.0
Deferred income taxes (9.8) (11.6)
Amortization and write-off of debt issuance costs 9.9 11.3
Other operating activities (16.5) 29.9
Changes in operating assets and liabilities:    
Accounts receivable 19.3 6.2
Prepaid expenses (14.9) (7.2)
Other assets (7.0) 0.5
Accounts payable (26.9) 11.7
Accrued expenses and other current liabilities (20.6) 27.3
Deferred revenues (7.4) (8.3)
Operating leases, net (2.6) (4.3)
Other liabilities (1.1) 3.8
Net cash provided by operating activities 399.0 468.6
Cash Flows From Investing Activities    
Capital expenditures (165.9) (192.5)
Net cash used for investing activities (165.9) (192.5)
Cash Flows From Financing Activities    
Principal payments on debt (284.2) (600.0)
Proceeds from Issuance of Debt 0.0 500.0
Payment of debt issuance and extinguishment costs 0.0 (9.5)
Payments for Repurchase of Equity 18.1 149.5
Payments related to tax withholding for share-based compensation (6.8) (9.6)
Other financing activities 4.1 3.4
Net cash used for financing activities (305.0) (265.2)
Effects of exchange rates (0.3) 12.6
Net change in cash and cash equivalents, including restricted cash (72.2) 23.5
Cash and cash equivalents, including restricted cash, beginning of period 329.2 295.2
Cash and cash equivalents, including restricted cash, end of period $ 257.0 $ 318.7