FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2025

FAIR VALUE MEASUREMENTS

Schedule of financial assets and liabilities measured and recorded at fair value on a recurring basis

The following table details financial assets and liabilities measured and recorded at fair value on a recurring basis:

			June 30, 2025
(in millions)	Balance Sheet Classification		Level 1		Level 2		Level 3		Total
Assets
Foreign currency exchange contracts	Other current assets	$	—	$	54.3	$	—	$	54.3
Convertible notes receivable	Convertible notes receivable		—		—		87.2		87.2
Marketable securities	Marketable securities		30.0		—		—		30.0
Liabilities
Foreign currency exchange contracts	Other current liabilities	$	—	$	(50.8)	$	—	$	(50.8)

			December 31, 2024
(in millions)	Balance Sheet Classification		Level 1		Level 2		Level 3		Total
Assets
Foreign currency exchange contracts	Other current assets	$	—	$	53.1	$	—	$	53.1
Convertible notes receivable	Convertible notes receivable		—		—		56.3		56.3
Marketable securities	Marketable securities		26.7		—		—		26.7
Liabilities
Foreign currency exchange contracts	Other current liabilities	$	—	$	(53.7)	$	—	$	(53.7)