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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 29, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Liabilities Measured on Recurring Basis
Below is a summary of financial liabilities that are measured at fair value on a recurring basis ($ in millions):
Quoted Prices
in Active
Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
March 29, 2024
Deferred compensation liabilities$— $43.2 $— $43.2 
December 31, 2023
Deferred compensation liabilities— 39.9 — 39.9 
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The carrying amount and fair value of financial instruments are as follows ($ in millions):
March 29, 2024December 31, 2023
Carrying AmountFair ValueCarrying AmountFair Value
Long-term debt
$3,941.7 $3,835.4 $3,646.2 $3,539.4