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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Mar. 31, 2025
Accounting Policies [Abstract] |
Reconciliation of Weighted-Average Outstanding Shares used in Calculations of Basic and Diluted EPS | A reconciliation of the weighted-average outstanding shares used in the two calculations is as follows:
|  | Three Months Ended March 31, |  |
|  | 2025 |  | 2024 |  |  |  |
|  | (In millions)
Weighted-average shares outstanding (basic) |  | 124.1 |  |  | 123.5 |  |  |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |
Stock options and restricted stock units |  | 1.0 |  |  | 1.3 |  |  |  |  |
Weighted-average shares outstanding (diluted) |  | 125.1 |  |  | 124.8 |  |  |  |  |
Rollforward of Allowance for Doubtful Accounts | Below is a rollforward of our allowance for doubtful accounts for the three months ended March 31, 2025 and 2024, respectively.
| Three Months Ended March 31, |  |
| 2025 |  | 2024 |  |  |  |
| (In millions)
Allowance for doubtful accounts, beginning of period | $ | 16.9 |  |  | $ | 16.7 |  |  |  |  |
Current period bad debt expense | 6.0 |  |  | 4.7 |  |  |  |  |
Write-offs, net of recoveries | (4.7) |  |  | (5.0) |  |  |  |  |
Allowance for doubtful accounts, end of period | $ | 18.2 |  |  | $ | 16.4 |  |  |  |  |
Summary of Noncontrolling Interests Activities | The Company's redeemable noncontrolling interests activities for the three months ended March 31, 2025 are summarized as follows:
|  | Three Months Ended March 31, |  |
Redeemable noncontrolling interests: |  | 2025 |  | 2024 |  |  |  |  |  |
|  | (In millions)
Redeemable noncontrolling interests, beginning of period |  | $ | 105.2 |  |  | $ | 135.1 |  |  |  |  |  |  |
Net loss attributable to redeemable noncontrolling interest |  | (0.1) |  |  | — |  |  |  |  |  |  |
Effect of foreign currency translation attributable to redeemable noncontrolling interest |  | 7.6 |  |  | (3.5) |  |  |  |  |  |  |
Redeemable noncontrolling interests, end of period |  | $ | 112.7 |  |  | $ | 131.6 |  |  |  |  |  |  |

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- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479319/326-20-50-13 + Details
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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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