v3.25.4
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES - 2024 Extinguishments (Details) - USD ($)
$ in Millions
12 Months Ended
Aug. 06, 2025
Jul. 07, 2025
Jul. 01, 2025
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Nov. 08, 2016
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Fair value of Common Stock issued     $ 225.0        
Cash paid for interest     0.3        
Total consideration     425.7        
Carrying value of corporate borrowings       $ 4,024.2 $ 4,134.5    
Debt issuance costs       (64.4) (47.2)    
Carrying value       4,024.2      
(Gain)/Loss on extinguishment of debt       196.0 (38.9) $ (142.8)  
Term Loan modifications - third party fees $ 3.1     3.1 42.3    
Senior Secured Exchangeable Notes due 2030              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Corporate borrowings, fair value     159.0        
Derivative liability - Conversion Option     41.7 131.9      
Carrying value of corporate borrowings     194.4 155.8      
Debt issuance costs     (6.4) (14.8)      
Carrying value     194.3 215.5      
6.00%/8.00% Cash/PIK Toggle Senior Secured Exchangeable Notes due 2030              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Derivative liability - Conversion Option     88.3 12.6 157.6    
Carrying value of corporate borrowings     337.4 111.6 427.6    
Discount     (86.5)        
Debt issuance costs     (17.1) (5.2) (23.3)    
Carrying value     322.4 93.0 $ 445.5    
(Gain)/Loss on extinguishment of debt     103.3 103.3      
Senior Secured Notes due 2029              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Corporate borrowings, fair value     925.4        
Gross proceeds     (244.4)        
Cash fee paid     2.4        
Total consideration     683.4        
Carrying value of corporate borrowings       $ 877.1      
Existing 7.5% Notes Indenture              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Stated interest rate (as a percent)       7.50% 7.50%    
Carrying value of corporate borrowings     590.0 $ 360.0 $ 950.0    
Debt issuance costs     (5.6)        
Carrying value     584.4        
(Gain)/Loss on extinguishment of debt     $ 99.0 $ 99.0      
Second Lien Subordinated Notes due 2026              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Cash fee paid         2.3    
Carrying value of corporate borrowings         131.2    
Carrying value         574.6    
(Gain)/Loss on extinguishment of debt (6.6)       61.2    
Term Loan modifications - third party fees         $ 42.3    
5.875% Senior Subordinated Notes due 2026              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Stated interest rate (as a percent)         5.875%   5.875%
Carrying value of corporate borrowings         $ 41.9    
(Gain)/Loss on extinguishment of debt $ 0.3            
Subordinated debt              
CORPORATE BORROWINGS AND FINANCE LEASE LIABILITIES              
Debt instrument redemption amount as a percentage of principal amount   100.00%