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PROPERTY, PLANT, AND EQUIPMENT, NET (Tables)
6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant, and Equipment, Net
The property, plant, and equipment at June 30, 2025 and December 31, 2024 were as follows:
(in millions)June 30,
2025
December 31,
2024
Leasehold improvements$79.2 $78.5 
Equipment113.2 148.5 
Property, plant, and equipment, gross
192.4 227.0 
Less accumulated depreciation(79.4)(109.6)
Property, plant, and equipment, net
$113.0 $117.4 

The Company recorded depreciation during the respective periods as follows:
Three months ended
June 30,
Six months ended
June 30,
(in millions)2025202420252024
Depreciation expense$4.9 $4.6 $10.0 $9.7