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DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instrument

The following table identifies the fair value of each derivative instrument:

						Balance Sheet Location						March 31, 2025						December 31, 2024
												(In millions)
Asset derivatives
Commodity contracts						Prepaid expenses and other current assets						$	3.6					$	9.1
Interest rate swap agreements						Prepaid expenses and other current assets						—						2.2
Interest rate swap agreements						Other assets, net						2.1						7.6
												$	5.7					$	18.9
Liability derivatives
Commodity contracts						Accrued expenses						$	0.5					$	—
Interest rate swap agreements						Accrued expenses						3.7						0.4
												$	4.2					$	0.4

Schedule of Gains and Losses on Derivative Contracts

We recognized the following gains and losses on our derivative contracts in the Condensed Consolidated Statements of Operations:

						Location of (Loss) Gain						Three Months Ended March 31,
						Recognized in Net Loss						2025						2024
												(In millions)
Mark-to-market unrealized (loss) gain
Commodity contracts						Other expense (income), net						$	(6.0)					$	(0.4)
Interest rate swap agreements						Other expense (income), net						(11.0)						7.4
Total unrealized (loss) gain												$	(17.0)					$	7.0
Realized gain
Commodity contracts						Manufacturing-related to Cost of sales and transportation-related to Selling and distribution						$	11.1					$	1.5
Interest rate swap agreements						Interest expense						2.7						5.6
Total realized gain												$	13.8					$	7.1
Total (loss) gain												$	(3.2)					$	14.1

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E

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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

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