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STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation Expense
Stock-based compensation expense related to awards issued under the Company's incentive compensation plans for the three and nine months ended September 30, 2025 and 2024 was as follows (in millions):
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Cost of sales$7.4 $6.1 $22.2 $20.8 
Selling, general, and administrative expenses23.4 20.4 65.8 62.4 
Research and development expenses10.3 8.7 30.7 28.3 
Total stock-based compensation expense41.1 35.2 118.7 111.5 
Income tax benefit(7.8)(6.0)(20.4)(17.5)
Total stock-based compensation expense, net of tax$33.3 $29.2 $98.3 $94.0 
Schedule of Weighted-Average Assumptions for Options Granted
The following table includes the weighted-average grant-date fair values of stock options granted during the periods indicated and the related weighted-average assumptions used in the Black-Scholes option pricing model:
 Option Awards
Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Risk-free interest rate3.8%4.2%4.0%4.5%
Expected dividend yieldNoneNoneNoneNone
Expected volatility33.9%31.0%34.1%30.9%
Expected term (years)5.65.55.25.3
Fair value, per option$30.24$32.15$28.26$31.30
Schedule of Weighted-Average Assumptions for ESPP Subscriptions Granted
The following table includes the weighted-average grant-date fair values for ESPP subscriptions granted during the periods indicated and the related weighted-average assumptions used in the Black-Scholes option pricing model:
 ESPP
Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Risk-free interest rate4.2%5.3%4.3%5.2%
Expected dividend yieldNoneNoneNoneNone
Expected volatility34.5%29.5%30.8%33.5%
Expected term (years)0.60.60.60.6
Fair value, per share$20.73 $16.51 $18.81$25.01