Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited)

v3.26.3
Condensed Consolidated Balance Sheets (Parenthetical) (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Cash and cash equivalents $ 43.6 $ 22.9
Allowances for credit losses 14.2 14.6
Inventories 194.9 151.3
Prepaid expenses and other current assets 26.1 22.6
Property, plant, and equipment net of accumulated depreciation 1,772.5 1,582.2
Deferred tax assets 22.4 29.0
Other assets 53.1 40.0
Accounts payable 378.5 257.1
Accrued expenses 80.4 74.0
Current portion of long-term debt 107.5 144.7
Current portion of operating lease liabilities 42.5 44.8
Long-term debt (includes VIE balances of $58.4 and $0.0) 905.0 832.7
Long-term debt - related party 11.7 42.9
Operating lease liabilities $ 82.3 $ 115.5
Preferred shares, par value $ 0.01 $ 0.01
Preferred shares, authorized 50,000,000 50,000,000
Preferred shares, issued 0 0
Preferred shares, outstanding 0 0
Variable Interest Entity, Primary Beneficiary    
Cash and cash equivalents $ 25.0 $ 5.7
Allowances for credit losses 66.1 19.0
Inventories 33.2 10.6
Prepaid expenses and other current assets 0.7 0.9
Property, plant, and equipment net of accumulated depreciation 33.2 29.6
Deferred tax assets 22.4 29.0
Other assets 1.0 1.0
Accounts payable 75.1 48.0
Accrued expenses 6.2 8.5
Current portion of long-term debt 8.1 3.5
Current portion of operating lease liabilities 1.6 1.3
Long-term debt (includes VIE balances of $58.4 and $0.0) 58.4 0.0
Long-term debt - related party 11.7 39.6
Operating lease liabilities $ 4.9 $ 5.6
Series A Redeemable Convertible Preferred Stock    
Preferred shares, par value $ 0.01 $ 0.01
Preferred shares, authorized 50,000 50,000
Preferred shares, issued 50,000 50,000
Preferred shares, outstanding 50,000 50,000
Common Class A    
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 600,000,000 600,000,000
Common stock, shares, issued 182,100,000 180,900,000
Common stock, shares, outstanding 182,100,000 180,900,000
Common Class B    
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 400,000,000 400,000,000
Common stock, shares, issued 0 0
Common stock, shares, outstanding 0 0