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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign

The sources of Earnings from continuing operations before income taxes, classified between domestic and foreign entities, are as follows:

			Year Ended December 31,
			2025						2024						2023
Domestic			$	728.9					$	629.7					$	504.0
Foreign			378.6						329.8						64.9
Total Earnings from continuing operations before income taxes			$	1,107.5					$	959.5					$	568.9

Provision for Income Tax Expense (Benefit)

The components of income tax expense attributable to continuing operations are as follows:

			Year Ended December 31,
			2025						2024						2023
Current tax expense:
Federal			$	64.6					$	125.9					$	183.1
State			12.5						46.2						38.9
Foreign			55.1						60.4						44.6
			$	132.2					$	232.5					$	266.6
Deferred tax expense (benefit):
Federal			$	83.1					$	(6.3)					$	(63.1)
State			15.9						(11.1)						(31.6)
Foreign			(1.4)						(2.7)						16.6
			97.6						(20.1)						(78.1)
Total Provision for income taxes			$	229.8					$	212.4					$	188.5

Schedule of Effective Income Tax Rate Reconciliation

The effective tax rates on earnings before income taxes are reconciled to statutory U.S. income tax rates as follows:

			Year Ended December 31,
			2025												2024												2023
			Amount						%						Amount						%						Amount						%
Statutory U.S. rate			$	232.6					21.0		%				$	201.5					21.0		%				$	119.5					21.0		%
State and local income taxes, net of federal income tax effects (1)			24.3						2.2		%				23.4						2.4		%				2.7						0.5		%
Foreign tax effects:
Canada:
Deferred tax adjustments			0.4						—		%				0.5						0.1		%				9.9						1.7		%
Other			1.1						0.1		%				(2.5)						(0.3)		%				3.3						0.6		%
Germany:
Deferred tax adjustments			(0.2)						—		%				(0.2)						—		%				(6.8)						(1.2)		%
Other			1.1						0.1		%				1.1						0.1		%				5.8						1.0		%
United Kingdom:
Goodwill impairment			—						—		%				—						—		%				39.1						6.9		%
Deferred tax adjustments			0.3						—		%				—						—		%				12.9						2.3		%
Other			(0.3)						—		%				(0.4)						—		%				5.1						0.8		%
Switzerland:
Foreign rate differential			(16.9)						(1.5)		%				(16.0)						(1.7)		%				(16.1)						(2.8)		%
Other			2.7						0.2		%				3.8						0.4		%				0.6						0.1		%
Other foreign jurisdictions			(0.4)						—		%				(0.3)						—		%				1.0						0.2		%
Enactment of new tax laws			—						—		%				—						—		%				—						—		%
Effect of cross-border tax laws:
Other			3.0						0.3		%				4.5						0.5		%				2.1						0.4		%
Tax credits:
R&D tax credits			(16.2)						(1.5)		%				(18.0)						(1.9)		%				(13.2)						(2.3)		%
Other			(1.1)						(0.1)		%				(0.7)						(0.1)		%				(1.3)						(0.2)		%
Valuation allowances			0.5						—		%				(1.4)						(0.1)		%				—						—		%
Nontaxable or nondeductible items:
Goodwill impairment			—						—		%				—						—		%				18.1						3.2		%
Officer compensation			8.3						0.7		%				6.9						0.7		%				9.9						1.7		%
Worthless stock loss			—						—		%				—						—		%				(14.8)						(2.6)		%
Other			5.3						0.5		%				7.5						0.8		%				5.7						1.0		%
Changes in unrecognized tax benefits			(8.3)						(0.7)		%				1.9						0.2		%				(1.0)						(0.2)		%
Other adjustments:
Deferred tax adjustments			0.1						—		%				3.2						0.3		%				6.4						1.1		%
Other			(6.5)						(0.6)		%				(2.4)						(0.3)		%				(0.4)						(0.1)		%
Effective tax rate			$	229.8					20.7		%				$	212.4					22.1		%				$	188.5					33.1		%

(1) State taxes in California, New Jersey, and New York contributed to the majority of the tax effect in this category

Schedule of Deferred Tax Assets and Liabilities

The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities are as follows:

			December 31,
			2025						2024
Deferred tax assets:
Derivative instruments			$	69.7					$	36.5
Employee compensation and benefits			69.0						70.8
Operating lease liability			198.0						199.3
Credit carryforwards			45.2						0.4
Capitalized R&D costs			98.2						194.7
Tax loss carryforwards			226.4						224.0
Other			118.2						114.3
Total gross deferred tax assets			824.7						840.0
Less: valuation allowance			(128.1)						(127.2)
Deferred tax assets, net of valuation allowance			$	696.6					$	712.8
Deferred tax liabilities:
Right of use asset			$	(182.9)					$	(181.6)
Intangible assets			(663.3)						(626.7)
Property, plant, and equipment			(216.7)						(177.7)
Other			(64.5)						(71.7)
Total gross deferred tax liabilities			$	(1,127.4)					$	(1,057.7)
Net deferred tax liabilities			$	(430.8)					$	(344.9)

Valuation Allowance [Line Items]

Summary of Valuation Allowance [Table Text Block]

The table below provides a rollforward of the valuation allowance:

			Year Ended December 31,
			2025						2024						2023
Beginning balance			$	127.2					$	150.2					$	151.3
Movements charged to expense			0.3						(22.8)						(8.9)
Reductions and other adjustments			0.6						(0.2)						7.8
Ending balance			$	128.1					$	127.2					$	150.2

Schedule of Unrecognized Tax Benefits Roll Forward

The following table shows a reconciliation of the unrecognized income tax benefits, excluding interest and penalties, from uncertain tax positions:

			Year Ended December 31,
			2025						2024						2023
Beginning balance			$	32.2					$	29.9					$	37.5
Increase in reserve for tax positions taken in the current year			2.2						2.2						1.8
Increase in reserve for tax positions taken in a prior period			5.5						3.8						10.4
Decrease in reserve for tax positions taken in a prior period			(15.4)						(3.4)						(4.0)
Decrease in reserve as a result of settlements			—						(0.1)						(7.2)
Decrease in reserve as a result of lapses in the statute of limitations			—						(0.2)						(8.6)
Ending balance			$	24.5					$	32.2					$	29.9

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