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STOCKHOLDERS' EQUITY (Tables)

3 Months Ended

Mar. 31, 2025

Equity [Abstract]

Schedule of Common Stock

As of March 31, 2025, common stock consisted of the following:

			Shares Authorized						Shares Issued						Shares Outstanding
Class A common stock			800,000,000						376,197,105						376,197,105
Class B common stock			100,000,000						—						—
			900,000,000						376,197,105						376,197,105

As of December 31, 2024, common stock consisted of the following:

			Shares Authorized						Shares Issued						Shares Outstanding
Class A common stock			800,000,000						315,280,417						315,280,417
Class B common stock			100,000,000						64,512,579						64,512,579
			900,000,000						379,792,996						379,792,996

Schedule of Changes in Accumulated Other Comprehensive (Loss) Income by Component

The following table reflects the changes in AOCI, net of taxes, by component for the periods presented:

($ in millions)			Gain (Loss) On Derivative Instruments1						Cumulative Translation Adjustment						Net Unrealized Actuarial Gain (Loss) in Postretirement Benefit Plan2						Total AOCI
Balance as of December 31, 2024			$	0.3					$	(19.6)					$	2.1					$	(17.2)
OCI before reclassifications			0.3						2.7						—						3.0
Amounts reclassified from AOCI			1.7						—						(0.2)						1.5
Net current-period OCI			2.0						2.7						(0.2)						4.5
Balance as of March 31, 2025			$	2.3					$	(16.9)					$	1.9					$	(12.7)
Balance as of December 31, 2023			$	—					$	(9.9)					$	2.4					$	(7.5)
OCI before reclassifications			—						(3.4)						—						(3.4)
Amounts reclassified from AOCI			—						—						(0.2)						(0.2)
Net current-period OCI			—						(3.4)						(0.2)						(3.6)
Balance as of March 31, 2024			$	—					$	(13.3)					$	2.2					$	(11.1)

______________________

1 During the three months ended March 31, 2025, $2.3 million of losses were reclassified from AOCI related to the amounts excluded from the effectiveness testing recognized in earnings for the foreign exchange contracts. The effect of the loss was included in Other operating expense (income), net on the Condensed Consolidated Statements of Operations. The tax benefit recorded as a result of this loss was $0.6 million, and was recorded within Provision for income taxes on the Condensed Consolidated Statements of Operations.

2 During the three months ended March 31, 2025 and 2024, $0.2 million and $0.2 million, respectively, of income was reclassified from AOCI related to actuarial gains in the Company's postretirement benefit plan and recorded in Interest and financing expense, net on the Condensed Consolidated Statements of Operations. The tax impact of this income for the three months ended March 31, 2025 and 2024 was immaterial.

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
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-Name Accounting Standards Codification
-Section 50
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-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

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Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.

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-Name Accounting Standards Codification
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