ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME

Changes in each component of "Accumulated other comprehensive (loss) income," net of tax, during 2024, 2023 and 2022 were as follows:

(dollars in millions)	Foreign Currency Translation Adjustments		Pension and Post-retirement Plans		Available-for-Sale Debt Securities		Derivative Financial Instrument Revaluation		Accumulated Other Comprehensive (Loss) Income
Balance at December 31, 2021	$	(169.4)	$	(0.3)	$	—	$	(27.7)	$	(197.4)
Other comprehensive (loss) income before reclassifications, net	(146.3)		(5.2)		1.1		48.2		(102.2)
Reclassifications, pretax	—		—		—		1.5		1.5
Balance at December 31, 2022	(315.7)		(5.5)		1.1		22.0		(298.1)
Other comprehensive (loss) income before reclassifications, net	(25.5)		3.4		(1.1)		2.9		(20.3)
Reclassifications, pretax	—		—		—		(35.9)		(35.9)
Tax benefit reclassified	—		—		—		8.4		8.4
Balance at December 31, 2023	(341.2)		(2.1)		—		(2.6)		(345.9)
Other comprehensive (loss) income before reclassifications, net	(122.1)		5.2		—		19.9		(97.0)
Reclassifications, pretax	—		—		—		(31.2)		(31.2)
Tax benefit reclassified	—		—		—		6.9		6.9
Balance at December 31, 2024	$	(463.3)	$	3.1	$	—	$	(7.0)	$	(467.2)