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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2024
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities measured and recorded at fair value on a recurring basis
The following table details financial assets and liabilities measured and recorded at fair value on a recurring basis:
 
 
 
 
As of June 30, 2024
(in millions)
 
Balance Sheet Classification
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
Other current assets
 
$

 
$
32.4

 
$

 
$
32.4

Liabilities
 
 
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
Other current liabilities
 
$

 
$
(28.4
)
 
$

 
$
(28.4
)

 

 
 
 
 
As of December 31, 2023
(in millions)
 
Balance Sheet Classification
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
Other current assets
 
$

 
$
50.0

 
$

 
$
50.0

Liabilities
 
 
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
Other current liabilities
 
$

 
$
(39.1
)
 
$

 
$
(39.1
)