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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in the Carrying Amount of Goodwill, by Segment

The changes in the carrying amount of goodwill, by segment, during the years ended December 31, 2023 and 2022 were as follows:

			United States						Europe						Rest of World						Total
			(in millions)
Goodwill at December 31, 2021			$	773.7					$	63.0					$	331.2					$	1,167.9
Currency translation adjustment			—						(3.6)						—						(3.6)
Goodwill at December 31, 2022			773.7						59.4						331.2						1,164.3
Goodwill acquired during the year (Note 9)			—						—						87.2						87.2
Currency translation adjustment			—						2.0						—						2.0
Goodwill at December 31, 2023			$	773.7					$	61.4					$	418.4					$	1,253.5

Schedule of Finite-Lived Other Intangible Assets

Other intangible assets consist of the following (in millions):

									December 31,
			Weighted-Average Useful Life (in years)						2023																		2022
									Cost						Accumulated Amortization						Net Carrying Value						Cost						Accumulated Amortization						Net Carrying Value
Finite-lived intangible assets
Patents			9.9						$	119.3					$	(87.6)					$	31.7					$	205.5					$	(185.0)					$	20.5
Developed technology			10.8						197.6						(61.9)						135.7						128.1						(57.9)						70.2
Other			10.0						12.3						(8.9)						3.4						12.2						(7.7)						4.5
			10.6						329.2						(158.4)						170.8						345.8						(250.6)						95.2
Indefinite-lived intangible assets
In-process research and development									257.6						—						257.6						190.0						—						190.0
									$	586.8					$	(158.4)					$	428.4					$	535.8					$	(250.6)					$	285.2

Schedule of Indefinite-Lived Other Intangible Assets

Other intangible assets consist of the following (in millions):

									December 31,
			Weighted-Average Useful Life (in years)						2023																		2022
									Cost						Accumulated Amortization						Net Carrying Value						Cost						Accumulated Amortization						Net Carrying Value
Finite-lived intangible assets
Patents			9.9						$	119.3					$	(87.6)					$	31.7					$	205.5					$	(185.0)					$	20.5
Developed technology			10.8						197.6						(61.9)						135.7						128.1						(57.9)						70.2
Other			10.0						12.3						(8.9)						3.4						12.2						(7.7)						4.5
			10.6						329.2						(158.4)						170.8						345.8						(250.6)						95.2
Indefinite-lived intangible assets
In-process research and development									257.6						—						257.6						190.0						—						190.0
									$	586.8					$	(158.4)					$	428.4					$	535.8					$	(250.6)					$	285.2

Schedule of Estimated Amortization Expense

Estimated amortization expense for each of the years ending December 31 is as follows (in millions):

2024			$	5.8
2025			7.0
2026			9.4
2027			10.9
2028			14.8

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