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DEBT (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The following table summarizes Long-term debt in the Condensed Consolidated Balance Sheets as of the periods presented:

($ in millions)			March 31, 2025						December 31, 2024
Term Loans			$	3,090.9					$	3,098.6
6.250% Senior Notes 1			712.8						713.0
3.875% Senior Notes 1,2			469.0						459.8
4.375% Senior Notes 1,2			708.5						710.0
Revolving Credit Facility			—						—
Finance leases			107.0						100.2
Other 3			22.6						11.4
Unamortized debt costs and discounts			(66.2)						(64.9)
Total debt			$	5,044.6					$	5,028.1
Less: current portion of long term debt			67.9						64.5
Long-term debt, less current portion			$	4,976.7					$	4,963.6

______________________

1 The December 31, 2024 balances for the 3.875% Senior Notes, the 4.375% Senior Notes and the 6.250% Senior Notes represent the Original Notes as defined below. The March 31, 2025 balances for the 3.875% Senior Notes and the 4.375% Senior Notes represent the New Notes as defined below. The March 31, 2025 balance for the 6.250% Senior Notes represents the exchanged unsecured notes as described below.

2 The outstanding aggregate principal amounts of the 3.875% Senior Notes and the 4.375% Senior Notes are net of unamortized discounts of $8.4 million and $38.0 million, respectively, as of March 31, 2025. Refer to the sections below for additional details related to the discounts. The outstanding aggregate principal amounts of the Original 3.875% Senior Notes and the Original 4.375% Senior Notes are net of unamortized discounts of $8.9 million and $40.0 million, respectively, as of December 31, 2024. Refer to the sections below for additional details related to the discounts.

3 Includes the non-tendered Original Notes (as described below).

Schedule of Debt

The following table reflects the impact of all exchanges:

Senior Notes			Principal Offered for Exchange						Values Exchanged
($ in millions)
6.250% Senior Notes			$	713.0					$	712.8
3.875% Senior Notes			€	450.0					€	441.9
4.375% Senior Notes			$	750.0					$	746.5

Schedule of Maturities of Long-Term Debt

The following table summarizes the principal maturities of debt, excluding finance lease obligations and unamortized debt costs and discounts, in each of the next five years and thereafter:

($ in millions)			Amount
2025 (remaining nine months)			$	27.1
2026			35.8
2027			32.5
2028			3,491.8
2029			1,463.0
Thereafter			—
Total			$	5,050.2

Schedule of Revolving of Credit Facilities

The following tables summarize amounts available for borrowing under the revolving credit facilities as of the periods presented:

												March 31, 2025
($ in millions)															Revolving Credit Facility
Revolver availability:
Revolver committed availability															$	750.0
Less: Outstanding letters of credit															(138.5)
Net availability															611.5
Borrowings															—
Available borrowing capacity															$	611.5

			December 31, 2024
($ in millions)			ABL Credit Facility						Original Revolving Credit Agreement												Total
Revolver availability:
Gross availability			$	350.0					$	350.0											$	700.0
Less: Adjustment for gross availability			(14.8)						—												(14.8)
Less: Outstanding letters of credit			(51.6)						(65.4)												(117.0)
Net availability			283.6						284.6												568.2
Borrowings			—						—												—
Available borrowing capacity			$	283.6					$	284.6											$	568.2

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