LEASES (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Operating Lease Expense, Cash Flow Information, And Weighted Average Remaining Lease Terms and Discount Rates

Refer to the below table for a summary of operating lease expenses:

	Year Ended December 31, 2022		Year Ended December 31, 2021
Operating lease cost	$	58.7	$	56.3
Short-term and variable lease cost	23.6		23.0
Total lease cost	$	82.3	$	79.3

Supplemental cash flow information related to operating leases is as follows:

	Year Ended December 31, 2022		Year Ended December 31, 2021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows - payments on operating leases	$	57.9	$	55.6
Right-of-use assets obtained in exchange for new lease obligations:
Operating leases	$	69.9	$	66.5

Weighted average remaining lease terms and discount rates for operating leases are as follows:

	December 31, 2022		December 31, 2021
Weighted average remaining lease term	6.8 years		5.5 years
Weighted average discount rate	6.2	%	5.2	%

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information(1) related to operating leases is as follows:

	Balance Sheet Location	December 31, 2022		December 31, 2021
Operating lease right-of-use assets	Other assets	$	166.4	$	152.9
Operating lease liabilities	Accrued expenses and other liabilities	$	45.2	$	42.1
Operating lease liabilities	Long-term lease liabilities	130.4		113.6
Total lease liabilities		$	175.6	$	155.7

(1)     For the year ended December 31, 2021, $2.0, $0.6, and $1.4 of operating lease right-of-use assets, current operating lease liabilities, and noncurrent operating lease liabilities, respectively, were associated with the Company’s acquisition of E&I.

Summary of Maturities of Lease Liabilities

Maturities of lease liabilities at December 31, 2022 are as follows:

	December 31, 2022
	Operating Leases
2023	$	52.2
2024	41.5
2025	29.4
2026	20.3
2027	14.7
Thereafter	62.9
Total Lease Payments	221.0
Less: Imputed Interest	(45.4)
Present value of lease liabilities	$	175.6