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FAIR VALUE MEASUREMENTS AND DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Company's population of financial assets and liabilities subject to fair value measurements

The Company’s population of financial assets and liabilities subject to fair value measurements were as follows:

															Fair Value Measurements
			Condensed Consolidated Balance Sheets Classification												September 30, 2025
									Fair Value at						Using Fair Value Hierarchy
									September 30, 2025						Level 1						Level 2						Level 3
Noncontrolling interest put			Noncontrolling interest						$	16.1					$	—					$	16.1					$	—
Cross currency swaps			Other liabilities						$	282.3					$	—					$	282.3					$	—
Interest rate swaps			Other liabilities						$	53.4					$	—					$	53.4					$	—
Cash surrender value of life insurance policies			Other assets, net						$	107.9					$	—					$	107.9					$	—
Deferred compensation asset			Other assets, net						$	50.4					$	—					$	50.4					$	—
Deferred compensation liability			Other liabilities						$	146.8					$	—					$	146.8					$	—
Contingent consideration			Accrued expenses and other/Other liabilities						$	67.3					$	—					$	—					$	67.3

															Fair Value Measurements
			Condensed Consolidated Balance Sheets Classification												December 31, 2024
									Fair Value at						Using Fair Value Hierarchy
									December 31, 2024						Level 1						Level 2						Level 3
Noncontrolling interest put			Noncontrolling interest						$	14.3					$	—					$	14.3					$	—
Cross currency swaps			Other liabilities						$	142.7					$	—					$	142.7					$	—
Interest rate swaps			Other liabilities						$	76.8					$	—					$	76.8					$	—
Cash surrender value of life insurance policies			Other assets, net						$	102.1					$	—					$	102.1					$	—
Deferred compensation asset			Other assets, net						$	35.7					$	—					$	35.7					$	—
Deferred compensation liability			Other liabilities						$	132.5					$	—					$	132.5					$	—
Contingent consideration			Accrued expenses and other/Other liabilities						$	10.8					$	—					$	—					$	10.8

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

Fair Value Measurement of Level 3 Liabilities:						Contingent Consideration
Balance at December 31, 2024						$	10.8
Additions from business acquisitions						56.5
Balance at September 30, 2025						$	67.3

Derivative Instruments, Gain (Loss) [Table Text Block]

The table below provides information regarding the location and amount of pretax gains (losses) of derivatives designated in fair value hedging relationships:

						Amounts included in other comprehensive income
						Three Months Ended September 30,												Nine Months Ended September 30,
						2025						2024						2025						2024
Cross currency swaps						$	8.7					$	(71.8)					$	(139.6)					$	(66.4)

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Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

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