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INCOME TAXES - Schedule of reconciliation between income taxes at local tax rates in different countries and total tax expense (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Major components of tax expense (income) [abstract]      
Income/(Loss) before income tax expense $ 624.5 $ 161.2 $ (104.6)
Effective tax rate 29.00% 51.00% (100.00%)
Income tax expense $ 184.1 $ 82.8 $ 104.2
Taxes at local rates applicable to earnings in countries concerned 160.6 51.8 53.0
Changes in recognition of deferred tax assets related to net operating losses (51.1) 28.8 17.8
Withholding taxes 33.0 22.3 13.4
Deferred taxes on temporary differences which were not recognized 14.9 18.0 17.0
Changes in tax rates 15.4 0.2 0.2
Other US taxes (BEAT & GILTI) 0.0 (0.3) 0.1
Permanent differences 8.1 3.0 0.4
Change in unrecognized deferred taxes 0.0 (1.4) 0.0
Taxes for prior periods 10.3 (3.8) (1.9)
Foreign tax credits (6.0) (9.6) (6.1)
Changes in uncertain tax positions (1.1) (28.3) 10.3
Other $ 0.0 $ 2.1 $ 0.0