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DEBT (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt Instruments | Long-term loans, notes and other financing obligations, consisted of the following:
| June 30, 2025 |  | December 31, 2024 |  | June 30, 2024
Financing Obligations | ($ in millions)
Fixed-rate Financing |  |  |  |  |
9.50% senior notes, due 2025 (2025 Notes) | $ | — |  |  | $ | 108.6 |  |  | $ | 108.6 |
5.125% senior notes, due 2027 (2027 Notes) | — |  |  | 500.0 |  |  | 500.0 |
5.625% senior notes, due 2029 | 669.3 |  |  | 669.3 |  |  | 669.3 |
5.00% senior notes, due 2030 | 515.3 |  |  | 515.3 |  |  | 515.3 |
6.625% senior notes, due 2033 (2033 Notes) | 600.0 |  |  | — |  |  | — |
Variable-rate Financing |  |  |  |  |
Term Loan Facilities | 645.9 |  |  | 332.5 |  |  | 336.9 |
Revolving Credit Facilities | 35.0 |  |  | 170.0 |  |  | 411.0 |
Receivables Financing Agreements | 465.0 |  |  | 475.0 |  |  | 298.8 |
Recovery zone bonds | 83.0 |  |  | 83.0 |  |  | 83.0 |
Industrial development and environmental improvement obligations | 2.9 |  |  | 2.9 |  |  | 2.9 |
Other |  |  |  |  |
Deferred debt issuance costs | (19.7) |  |  | (14.3) |  |  | (14.8) |
Unamortized bond original issue discount | — |  |  | (0.1) |  | (0.1)
Total debt | 2,996.7 |  |  | 2,842.2 |  |  | 2,910.9 |
Amounts due within one year | 19.2 |  |  | 129.0 |  |  | 121.8 |
Total long-term debt | $ | 2,977.5 |  |  | $ | 2,713.2 |  |  | $ | 2,789.1 |
Schedule of Debt | During the six months ended June 30, 2025 and 2024, activity of our outstanding debt included:
|  | Six Months Ended June 30,
|  | 2025 |  | 2024
Long-term Debt Borrowings (Repayments) |  | ($ in millions)
Borrowings |  |  |  |
Term Loan Facilities |  | $ | 650.0 |  |  | $ | — |
Revolving Credit Facilities |  | 510.0 |  |  | 465.0 |
Receivables Financing Agreements |  | 570.0 |  |  | 46.5 |
2033 Notes |  | 600.0 |  |  | — |
Total borrowings |  | 2,330.0 |  |  | 511.5 |
Repayments |  |  |  |
Go zone bonds, due 2024 |  | — |  |  | (50.0) |
Recovery zone bonds, due 2024 |  | — |  |  | (20.0) |
Term Loan Facilities |  | (336.6) |  |  | (4.4) |
Revolving Credit Facilities |  | (645.0) |  |  | (122.0) |
Receivables Financing Agreements |  | (580.0) |  |  | (76.2) |
2025 Notes |  | (108.6) |  |  | — |
2027 Notes |  | (500.0) |  |  | — |
Total repayments |  | (2,170.2) |  |  | (272.6) |
Long-term debt borrowings, net |  | $ | 159.8 |  |  | $ | 238.9 |

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