FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis:

(dollars in millions)	Balance sheet location	Classification	June 30, 2023		December 31, 2022
Asset Category
Foreign exchange contracts	Other current assets	Level 2	$	0.1	$	0.2
Metals contracts	Other current assets	Level 2	1.7		2.5
Interest rate swaps	Other current assets	Level 2	32.2		32.7
Cross-currency swaps	Other current assets	Level 2	27.4		26.1
Interest rate swaps	Other assets	Level 2	11.1		14.6
Cross-currency swaps	Other assets	Level 2	18.2		44.3
Available-for-sale debt securities	Other assets	Level 3	13.9		11.5
Total			$	104.6	$	131.9
Liability Category
Foreign exchange contracts	Accrued expenses and other current liabilities	Level 2	$	0.1	$	0.5
Metals contracts	Accrued expenses and other current liabilities	Level 2	1.9		5.0
Cross-currency swaps	Other liabilities	Level 2	5.4		—
Total			$	7.4	$	5.5