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FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis:

																		December 31,
(dollars in millions)						Balance sheet location						Classification						2022						2021
Asset Category
Foreign exchange contracts						Other current assets						Level 2						$	0.2					$	0.1
Metals contracts						Other current assets						Level 2						2.5						1.2
Interest rate swaps						Other current assets						Level 2						32.7						—
Cross-currency swaps						Other current assets						Level 2						26.1						22.2
Interest rate swaps						Other assets						Level 2						14.6						6.6
Cross-currency swaps						Other assets						Level 2						44.3						5.8
Available-for-sale debt securities						Other assets						Level 3						11.5						—
Total																		$	131.9					$	35.9
Liability Category
Foreign exchange contracts						Accrued expenses and other current liabilities						Level 2						$	0.5					$	0.2
Metals contracts						Accrued expenses and other current liabilities						Level 2						5.0						2.3
Interest rate swaps						Accrued expenses and other current liabilities						Level 2						—						15.1
Interest rate swaps						Other liabilities						Level 2						—						9.6
Cross-currency swaps						Other liabilities						Level 2						—						2.8
Total																		$	5.5					$	30.0

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- References

No definition available.

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

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