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Derivatives Instruments and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional and Fair Values
The following table summarizes the notional and fair values as of June 30, 2026 and December 31, 2025 as well as the balance sheet classification:
Balance at June 30, 2026Notional AmountOther Current AssetsOther Current LiabilitiesType of hedge
Derivatives Designated as Hedges
Currency Forward Contracts$71.1 $ $(0.3)Cash Flow Hedge
Derivatives not designated as Hedges
Currency Forward contracts362.2 7.0 3.0 
Total$433.3 $7.0 $2.7 
Balance at December 31, 2025Notional AmountOther Current Assets Other Current LiabilitiesType of hedge
Derivatives Designated as Hedges
Currency Forward Contracts$67.8 $— $1.3 Cash Flow Hedge
Derivatives not designated as Hedges
Currency Forward contracts304.0 2.5 0.5 
Total$371.8 $2.5 $1.8 
Schedule of Derivatives Not Designated as Hedging Instruments
The following table presents the impact of derivative instruments not designated as hedging instruments for the three and six months ended June 30, 2026 and 2025, and the related location within the Consolidated Statements of Income.
Amount of gain or (loss) recognized in incomeAmount of gain or (loss) recognized in income
Three Months Ended
June 30,
Six Months Ended
June 30,
Derivatives not designated as hedging instruments:Location of gain or (loss) recognized in income2026202520262025
Foreign currency forward contractsOther expense, net$2.6 $1.6 $3.9 $0.5