v3.25.4
Discontinued Operations - Schedule of the Results of Discontinued Operations on the Consolidated Balance Sheet (Details) - USD ($)
$ in Millions
Dec. 31, 2025
May 31, 2025
Dec. 31, 2024
Current assets of discontinued operations      
Total current assets of discontinued operations $ 4,170.0   $ 288.1
Long-term assets of discontinued operations      
Total long-term assets of discontinued operations 0.0   4,745.6
Current liabilities of discontinued operations      
Total current liabilities of discontinued operations 3,113.5   419.4
Long-term liabilities of discontinued operations      
Total long-term liabilities of discontinued operations 0.0   2,818.3
Total      
Current assets of discontinued operations      
Accounts receivable     38.5
Inventories     129.1
Other current assets     120.5
Total current assets of discontinued operations     288.1
Long-term assets of discontinued operations      
Property, plant and equipment, net     2,043.1
Operating lease right-of-use assets, net     1,187.3
Trade names and trademarks     1,085.5
Other intangible assets, net     64.6
Goodwill     1.5
Other assets, net     363.6
Total long-term assets of discontinued operations     4,745.6
Total assets of discontinued operations     5,033.7
Current liabilities of discontinued operations      
Accounts payable and accrued expenses     184.1
Accrued employee compensation and benefits     65.1
Operating lease liabilities, short-term     71.2
Construction advances     6.0
Deferred revenue     80.1
Other current liabilities     12.9
Total current liabilities of discontinued operations     419.4
Long-term liabilities of discontinued operations      
Long-term debt, net     43.6
Operating lease liabilities, long-term     1,212.6
Deemed landlord financing obligations     1,194.8
Other long-term liabilities     367.3
Total long-term liabilities of discontinued operations     2,818.3
Total liabilities of discontinued operations     3,237.7
Held-for-Sale | Topgolf      
Current assets of discontinued operations      
Accounts receivable 4.2   8.1
Inventories 37.1   43.5
Other current assets 117.2   103.8
Total current assets of discontinued operations 158.5   155.4
Long-term assets of discontinued operations      
Property, plant and equipment, net 2,072.5   2,030.8
Operating lease right-of-use assets, net 1,066.4   1,122.8
Trade names and trademarks 607.9   891.9
Other intangible assets, net 46.5   50.5
Goodwill     0.0
Other assets, net 218.2   349.5
Total long-term assets of discontinued operations 4,011.5   4,445.5
Total assets of discontinued operations 4,170.0   4,600.9
Current liabilities of discontinued operations      
Accounts payable and accrued expenses 117.2   121.8
Accrued employee compensation and benefits 56.1   51.9
Operating lease liabilities, short-term 59.8   55.6
Construction advances 29.1   6.0
Deferred revenue 59.7   78.2
Other current liabilities 3.1   5.3
Total current liabilities of discontinued operations 325.0   318.8
Long-term liabilities of discontinued operations      
Long-term debt, net 42.8   43.6
Operating lease liabilities, long-term 1,102.5   1,162.0
Deemed landlord financing obligations 1,300.7   1,194.8
Other long-term liabilities 342.5   341.1
Total long-term liabilities of discontinued operations 2,788.5   2,741.5
Total liabilities of discontinued operations $ 3,113.5   3,060.3
Disposed of by Sale | Jack Wolfskin      
Current assets of discontinued operations      
Accounts receivable   $ 11.7 30.4
Inventories   86.2 85.6
Other current assets   36.2 16.7
Total current assets of discontinued operations     132.7
Long-term assets of discontinued operations      
Property, plant and equipment, net     12.3
Operating lease right-of-use assets, net     64.5
Trade names and trademarks     193.6
Other intangible assets, net     14.1
Goodwill     1.5
Other assets, net     14.1
Total long-term assets of discontinued operations     300.1
Total assets of discontinued operations   441.7 432.8
Current liabilities of discontinued operations      
Accounts payable and accrued expenses     62.3
Accrued employee compensation and benefits     13.2
Operating lease liabilities, short-term     15.6
Construction advances     0.0
Deferred revenue     1.9
Other current liabilities     7.6
Total current liabilities of discontinued operations     100.6
Long-term liabilities of discontinued operations      
Long-term debt, net     0.0
Operating lease liabilities, long-term     50.6
Deemed landlord financing obligations     0.0
Other long-term liabilities     26.2
Total long-term liabilities of discontinued operations     76.8
Total liabilities of discontinued operations   $ 154.0 $ 177.4