Debt - Schedule of Outstanding Debt (Details) - USD ($) $ in Millions |
9 Months Ended | |
|---|---|---|
Sep. 30, 2024 |
Dec. 31, 2023 |
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| Debt Instrument [Line Items] | ||
| Total borrowings | $ 2,872.5 | |
| Less: Unamortized capitalized financing fees | (34.5) | $ (22.3) |
| Total long-term debt | 2,838.0 | 1,750.2 |
| Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Total borrowings | $ 2,872.5 | 1,772.5 |
| 2032 Senior Notes | Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Stated interest rate | 6.75% | |
| Effective Interest Rate | 6.92% | |
| Total borrowings | $ 1,100.0 | 0.0 |
| 2025 Convertible Notes | Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Effective Interest Rate | 0.49% | |
| Total borrowings | $ 690.0 | 690.0 |
| 2027 Convertible Notes | Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Effective Interest Rate | 0.90% | |
| Total borrowings | $ 632.5 | 632.5 |
| 2026 Senior Notes | Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Stated interest rate | 4.625% | |
| Effective Interest Rate | 5.13% | |
| Total borrowings | $ 450.0 | $ 450.0 |
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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