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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Compensation Expense

Share-based compensation is included in Selling and administrative expense. A summary of compensation expense by type of award follows:

(In millions)						2024						2023						2022
Stock appreciation rights						$	6.5					$	6.1					$	5.9
Performance shares						0.1						0.2						0.2
Restricted stock units						8.8						6.9						7.1
Total share-based compensation						$	15.4					$	13.2					$	13.2

Schedule of Assumptions Related To Grants

The following is a summary of the weighted average assumptions related to the grants issued during 2024, 2023 and 2022:

						2024						2023						2022
Expected volatility						36.0%						35.0%						33.0%
Expected dividends						2.6%						2.3%						1.8%
Expected term (in years)						6.4						6.4						6.9
Risk-free rate						4.3%						3.8%						2.0%
Value of SARs granted						$12.36						$13.28						$14.91

Schedule of Stock Appreciation Rights

A summary of SAR activity for 2024 is presented below:

(In millions, except per share data)						Shares						Weighted-Average Exercise Price per Share						Weighted-Average Remaining Contractual Term						Aggregate Intrinsic value
Outstanding as of January 1, 2024						2.5						$	40.18					6.6						$	9.2
Granted						0.5						39.27
Exercised						(0.4)						34.24
Forfeited or expired						(0.1)						44.38
Outstanding as of December 31, 2024						2.5						$	40.93					6.6						$	6.2
Vested and exercisable as of December 31, 2024						1.3						$	37.59					5.2						$	5.5

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Tabular disclosure of share-based payment arrangement.

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-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

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Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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