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FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Values of Financial Instruments

The following tables summarize the fair values of financial instruments:

			March 31, 2025
($ in millions)			Total						Level 1						Level 2						Level 3
Financial Assets:
Money market investments			$	14.1					$	14.1					$	—					$	—
Split-dollar life insurance policies			24.7						—						24.7						—
			$	38.8					$	14.1					$	24.7					$	—
Financial Liabilities:
Foreign exchange contracts			$	18.2					$	—					$	18.2					$	—
Commodity forwards			4.3						—						—						4.3
			$	22.5					$	—					$	18.2					$	4.3

			December 31, 2024
($ in millions)			Total						Level 1						Level 2						Level 3
Financial Assets:
Money market investments			$	14.1					$	14.1					$	—					$	—
Split-dollar life insurance policies			24.7						—						24.7						—
			$	38.8					$	14.1					$	24.7					$	—
Financial Liabilities:
Foreign exchange contracts			$	36.0					$	—					$	36.0					$	—
Commodity forwards			5.4						—						—						5.4
			$	41.4					$	—					$	36.0					$	5.4

Schedule of Fair Value of Debt

The following table summarizes the Company's estimates of the fair values of its debt as of the periods presented:

			March 31, 2025												December 31, 2024
($ in millions)			Carrying Value						Fair Value						Carrying Value						Fair Value
Term Loans			$	3,090.9					$	3,079.3					$	3,098.6					$	3,121.8
6.250% Senior Notes 1			712.8						712.9						713.0						709.4
3.875% Senior Notes 1			469.0						470.8						459.8						459.9
4.375% Senior Notes 1			708.5						715.6						710.0						701.2
Non-tendered Original Senior Notes			12.5						12.2						—						—
Total			$	4,993.7					$	4,990.8					$	4,981.4					$	4,992.3

1 The December 31, 2024 balances for the 6.250% Senior Notes, 3.875% Senior Notes and the 4.375% Senior Notes represent the Original Notes as defined in Note 6 - "Debt". The March 31, 2025 balances for the 6.250% Senior Notes, 3.875% Senior Notes and the 4.375% Senior Notes represent the New Notes as described in Note 6 - "Debt".

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- References

No definition available.

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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