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DEBT
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
DEBT DEBTIn July 2022, the Company and certain of its subsidiaries, as borrowers, entered into a new Five-Year Credit Agreement (the "New Credit Agreement") with the lenders thereto, which provides for a $750.0 million multi-currency unsecured revolving credit facility and replaces the Company's prior credit agreement and related revolving credit facility. The New Credit Agreement matures on July 15, 2027. Subject to certain terms and conditions and the agreement of the lenders, the Company may increase the amount available under the New Credit Agreement by up to an additional $250.0 million in the aggregate and extend the maturity date for an additional year. Borrowings under the New Credit Agreement bear interest at a variable rate based on the Secured Overnight Financing Rate, plus a spread ranging from 0.8% to 1.3%, depending on the leverage ratio or credit rating, as defined in the agreement. The Company will also pay a facility fee ranging from 0.09% to 0.20%, depending on the Company's leverage ratio or credit rating, on the entire credit commitment available, whether or not drawn. The New Credit Agreement contains various financial and other covenants, including a maximum leverage ratio, as defined in the agreement. As of September 30, 2022, no amounts were outstanding under the New Credit Agreement and the Company was in compliance with all covenants.