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DERIVATIVES AND HEDGING (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The outstanding contracts as of March 31, 2026 are summarized by maturity date in the table below.

Notional Value						Maturity Date
$	687.7					June 1, 2027
100.0						March 1, 2028
200.0						August 15, 2028
525.0						August 15, 2029
200.0						September 1, 2031
$	1,712.7

The following table summarizes gains (losses), net of taxes:

			Three Months Ended
			March 31,						March 31,
			2026						2025
Gains (losses)			$	34.9					$	(48.2)
Tax effect			(8.6)						11.9
Gains (losses), net of taxes			$	26.3					$	(36.3)

Schedule of Derivative Instruments Fair Value

The following table summarizes the location of the net investment hedges on the Consolidated Balance Sheets. See Note 13 for further information on the fair value of these contracts.

			March 31,						December 31,						March 31,
			2026						2025						2025
Other current assets			$	—					$	—					$	1.0
Other assets			—						—						3.3
Other long-term liabilities			87.7						122.6						3.6

X

- References

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 182
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480401/815-10-55-182

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

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- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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