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GOODWILL AND INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill, which include no accumulated impairment losses, for the three months ended March 31, 2025 are as follows:

						Goodwill
						(In millions)
Balance at December 31, 2024						$	1,819.3
Foreign currency exchange adjustments						0.1
Acquisition						69.7
Balance at March 31, 2025						$	1,889.1

Schedule of Gross Carrying Amounts and Accumulated Amortization of Intangible Assets, with Finite Lives

The gross carrying amounts and accumulated amortization of intangible assets as of March 31, 2025 and December 31, 2024 are as follows:

									March 31, 2025																		December 31, 2024
									Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
									(In millions)
Intangible assets with finite lives:
Customer-related									$	611.1					$	(404.9)					$	206.2					$	546.0					$	(395.6)					$	150.4
Trademarks									32.1						(17.6)						14.5						19.2						(17.0)						2.2
Formulas/recipes									15.4						(15.1)						0.3						15.4						(15.0)						0.4
Computer software									213.4						(161.7)						51.7						212.6						(158.7)						53.9
Total finite lived intangibles									872.0						(599.3)						272.7						793.2						(586.3)						206.9
Intangible assets with indefinite lives:
Trademarks									6.0						—						6.0						6.0						—						6.0
Total intangible assets									$	878.0					$	(599.3)					$	278.7					$	799.2					$	(586.3)					$	212.9

Schedule of Gross Carrying Amounts of Intangible Assets, with Indefinite Lives

The gross carrying amounts and accumulated amortization of intangible assets as of March 31, 2025 and December 31, 2024 are as follows:

									March 31, 2025																		December 31, 2024
									Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount						Gross Carrying Amount						Accumulated Amortization						Net Carrying Amount
									(In millions)
Intangible assets with finite lives:
Customer-related									$	611.1					$	(404.9)					$	206.2					$	546.0					$	(395.6)					$	150.4
Trademarks									32.1						(17.6)						14.5						19.2						(17.0)						2.2
Formulas/recipes									15.4						(15.1)						0.3						15.4						(15.0)						0.4
Computer software									213.4						(161.7)						51.7						212.6						(158.7)						53.9
Total finite lived intangibles									872.0						(599.3)						272.7						793.2						(586.3)						206.9
Intangible assets with indefinite lives:
Trademarks									6.0						—						6.0						6.0						—						6.0
Total intangible assets									$	878.0					$	(599.3)					$	278.7					$	799.2					$	(586.3)					$	212.9

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