FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 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	September 30, 2023		December 31, 2022
Asset Category
Foreign exchange contracts	Other current assets	Level 2	$	0.6	$	0.2
Metals contracts	Other current assets	Level 2	3.8		2.5
Interest rate swaps	Other current assets	Level 2	30.5		32.7
Cross-currency swaps	Other current assets	Level 2	38.7		26.1
Interest rate swaps	Other assets	Level 2	10.0		14.6
Cross-currency swaps	Other assets	Level 2	36.0		44.3
Available-for-sale debt securities	Other assets	Level 3	14.1		11.5
Total			$	133.7	$	131.9
Liability Category
Foreign exchange contracts	Accrued expenses and other current liabilities	Level 2	$	0.2	$	0.5
Metals contracts	Accrued expenses and other current liabilities	Level 2	0.4		5.0
Cross-currency swaps	Other liabilities	Level 2	1.6		—
Total			$	2.2	$	5.5