XML 64 R48.htm IDEA: XBRL DOCUMENT
v3.25.0.1

FINANCIAL INSTRUMENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
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 |  | 2024 |  | 2023
Asset Category |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Other current assets |  | Level 2 |  | $ | 1.7 |  |  | $ | 0.2 |
Metals contracts |  | Other current assets |  | Level 2 |  | 3.3 |  |  | 0.5 |
Interest rate swaps |  | Other current assets |  | Level 2 |  | 4.0 |  |  | 19.9 |
Cross-currency swaps |  | Other current assets |  | Level 2 |  | 39.2 |  |  | 5.9 |
Interest rate swaps |  | Other assets |  | Level 2 |  | 4.9 |  |  | 4.3 |
Cross-currency swaps |  | Other assets |  | Level 2 |  | 14.8 |  |  | 9.6 |
Available-for-sale debt securities |  | Other assets |  | Level 3 |  | — |  |  | 14.2 |
Total |  |  |  |  |  | $ | 67.9 |  |  | $ | 54.6 |
Liability Category |  |  |  |  |  |  |  |
Foreign exchange contracts |  | Accrued expenses and other current liabilities |  | Level 2 |  | $ | 0.8 |  |  | $ | 0.9 |
Metals contracts |  | Accrued expenses and other current liabilities |  | Level 2 |  | 0.1 |  |  | 1.7 |
Cross-currency swaps |  | Accrued expenses and other current liabilities |  | Level 2 |  | — |  |  | 0.9 |
Interest rate swaps |  | Other liabilities |  | Level 2 |  | — |  |  | 12.3 |
Cross-currency swaps |  | Other liabilities |  | Level 2 |  | — |  |  | 9.8 |
Total |  |  |  |  |  | $ | 0.9 |  |  | $ | 25.6 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482907/825-10-50-11 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration