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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables) | 6 Months Ended
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Jun. 30, 2025
Equity [Abstract] |
Schedule of Activity for Each Component of Accumulated Other Comprehensive Loss | The following tables summarize the activity for each component of Accumulated Other Comprehensive Loss (in millions):
| Foreign Currency Translation Adjustments |  | Unrealized Gain (Loss) on Hedges |  | Unrealized Loss on Available-for-sale Investments |  | Unrealized Pension Costs |  | Total Accumulated Other Comprehensive Loss
December 31, 2024 | $ | (274.1) |  |  | $ | 37.7 |  |  | $ | (4.0) |  |  | $ | (4.1) |  |  | $ | (244.5) |
Other comprehensive income (loss) before reclassifications | 16.1 |  |  | (27.6) |  |  | 18.3 |  |  | 0.1 |  |  | 6.9 |
Amounts reclassified from accumulated other comprehensive loss | (1.7) |  |  | (10.2) |  |  | (17.0) |  |  | — |  |  | (28.9) |
Deferred income tax benefit (expense) | 2.0 |  |  | 10.2 |  |  | (0.2) |  |  | — |  |  | 12.0 |
March 31, 2025 | $ | (257.7) |  |  | $ | 10.1 |  |  | $ | (2.9) |  |  | $ | (4.0) |  |  | $ | (254.5) |
Other comprehensive income (loss) before reclassifications | 39.1 |  |  | (61.8) |  |  | 20.1 |  |  | (0.1) |  |  | (2.7) |
Amounts reclassified from accumulated other comprehensive loss | (1.5) |  |  | (10.9) |  |  | (19.0) |  |  | — |  |  | (31.4) |
Deferred income tax benefit (expense) | 6.0 |  |  | 18.8 |  |  | (0.3) |  |  | — |  |  | 24.5 |
June 30, 2025 | $ | (214.1) |  |  | $ | (43.8) |  |  | $ | (2.1) |  |  | $ | (4.1) |  |  | $ | (264.1) |
| Foreign Currency Translation Adjustments |  | Unrealized Gain on Hedges |  | Unrealized Loss on Available-for-sale Investments |  | Unrealized Pension Credits |  | Total Accumulated Other Comprehensive Loss
December 31, 2023 | $ | (214.5) |  |  | $ | 0.7 |  |  | $ | (24.8) |  |  | $ | (4.2) |  |  | $ | (242.8) |
Other comprehensive (loss) income before reclassifications | (23.3) |  |  | 43.4 |  |  | 7.0 |  |  | 0.4 |  |  | 27.5 |
Amounts reclassified from accumulated other comprehensive loss | (1.7) |  |  | (7.2) |  |  | 2.5 |  |  | — |  |  | (6.4) |
Deferred income tax expense | (1.1) |  |  | (9.3) |  |  | (1.1) |  |  | (0.1) |  |  | (11.6) |
March 31, 2024 | $ | (240.6) |  |  | $ | 27.6 |  |  | $ | (16.4) |  |  | $ | (3.9) |  |  | $ | (233.3) |
Other comprehensive income (loss) before reclassifications | 3.4 |  |  | 21.8 |  |  | 4.2 |  |  | (0.1) |  |  | 29.3 |
Amounts reclassified from accumulated other comprehensive loss | (1.8) |  |  | (12.5) |  |  | 1.0 |  |  | — |  |  | (13.3) |
Deferred income tax (expense) benefit | (0.6) |  |  | (2.4) |  |  | 0.1 |  |  | — |  |  | (2.9) |
June 30, 2024 | $ | (239.6) |  |  | $ | 34.5 |  |  | $ | (11.1) |  |  | $ | (4.0) |  |  | $ | (220.2) |
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Loss | The following table provides information about amounts reclassified from Accumulated Other Comprehensive Loss (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| Affected Line on Consolidated Condensed Statements of Operations
Details about Accumulated Other Comprehensive Loss Components | 2025 |  | 2024 |  | 2025 |  | 2024 |
Foreign currency translation adjustments | $ | 1.5 |  |  | $ | 1.8 |  |  | $ | 3.2 |  |  | $ | 3.5 |  |  | Other non-operating expense (income), net
| (0.4) |  |  | (0.4) |  |  | (0.8) |  |  | (0.8) |  |  | Provision for income taxes
| $ | 1.1 |  |  | $ | 1.4 |  |  | $ | 2.4 |  |  | $ | 2.7 |  |  | Net of tax
Gain on hedges | $ | 10.9 |  |  | $ | 12.5 |  |  | $ | 21.1 |  |  | $ | 14.9 |  |  | Cost of sales
| — |  |  | — |  |  | — |  |  | 4.8 |  |  | Other non-operating expense (income), net
| 10.9 |  |  | 12.5 |  |  | 21.1 |  |  | 19.7 |  |  | Total before tax
| (2.8) |  |  | (3.2) |  |  | (5.5) |  |  | (4.7) |  |  | Provision for income taxes
| $ | 8.1 |  |  | $ | 9.3 |  |  | $ | 15.6 |  |  | $ | 15.0 |  |  | Net of tax
Gain (loss) on available-for-sale investments | $ | 19.0 |  |  | $ | (1.0) |  |  | $ | 36.0 |  |  | $ | (3.5) |  |  | Interest income, net
| (4.6) |  |  | 0.3 |  |  | (8.8) |  |  | 0.9 |  |  | Provision for income taxes
| $ | 14.4 |  |  | $ | (0.7) |  |  | $ | 27.2 |  |  | $ | (2.6) |  |  | Net of tax

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