v3.25.4
Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Summary of Lease Assets and Liabilities
Our Consolidated Balance Sheet includes the following related to leases:
(in millions) December 31, Classification20252024
Assets
Operating right-of-use assetsOther assets$64.8 $69.1 
Liabilities
Current lease liabilitiesAccrued liabilities$13.6 $13.0 
Long-term lease liabilitiesOther liabilities54.4 59.3 
Total lease liabilities$68.0 $72.3 
Summary of Operating Leases
The components of lease cost were as follows:
(in millions) December 31,202520242023
Operating lease cost$19.4 $17.2 $16.0 
Variable lease cost5.5 7.1 5.1 
Total lease cost$24.9 $24.3 $21.1 
The weighted average remaining lease terms and discount rates for our operating leases were as follows:
December 31,20252024
Weighted-average remaining lease term - operating leases (in years)6.56.9
Weighted-average discount rate - operating leases4.4 %4.3 %
Supplemental cash flow information related to our operating leases were as follows:
(in millions) December 31,202520242023
Cash paid for amounts included in measurement of operating lease liabilities - operating cash flows$17.8 $16.4 $14.0 
Right-of-use assets obtained in exchange for new operating lease liabilities$6.4 $20.8 $16.7 
Future Minimum Operating Lease Payments
Future minimum operating lease payments are as follows:
(in millions)December 31, 2025
2026$17.7 
202716.7 
202812.6 
20298.8 
20306.6 
Thereafter21.1 
Total future minimum operating lease payments$83.5 
Imputed interest15.5 
Present value of lease liabilities reported$68.0