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GOODWILL AND INTANGIBLE ASSETS -Schedule of Goodwill and Changes in Carrying Amount of Goodwill by Operating Segment (Details) - USD ($) $ in Millions | 12 Months Ended
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Dec. 31, 2023 | Dec. 31, 2022
Goodwill [Roll Forward] |  |
Goodwill, Beginning Balance | $ 1,671.9 | $ 1,284.8
Acquisition of businesses | 10.3 | 396.5
Currency translation | 37.1 | (9.4)
Goodwill, Ending Balance | 1,719.3 | 1,671.9
Specialty Engineered Materials |  |
Goodwill [Roll Forward] |  |
Goodwill, Beginning Balance | 652.2 | 236.3
Acquisition of businesses | 10.3 | 396.5
Currency translation | 20.0 | 19.4
Goodwill, Ending Balance | 682.5 | 652.2
Color, Additives and Inks |  |
Goodwill [Roll Forward] |  |
Goodwill, Beginning Balance | 1,019.7 | 1,048.5
Acquisition of businesses | 0.0 | 0.0
Currency translation | 17.1 | (28.8)
Goodwill, Ending Balance | $ 1,036.8 | $ 1,019.7

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