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LEASES (Tables)
3 Months Ended
Mar. 31, 2024
LEASES  
Components of Lease Cost

Three Months Ended

March 31, 

(In millions)

    

2024

2023

Operating lease cost

$

35.9

$

41.8

Short-term lease cost

 

2.0

 

0.2

Variable lease cost

 

0.2

 

0.2

Total lease cost

$

38.1

$

42.2

Summary of maturities of operating lease liabilities

    

As of

Year (in millions)

    

March 31, 2024

Remainder of 2024

$

109.9

2025

 

85.4

2026

 

36.6

2027

 

19.8

2028

 

10.7

Thereafter

 

52.1

Total lease payments

314.5

Less: Interest

(33.9)

Present value of operating lease liabilities

280.6

Less: Short-term portion

(131.7)

Long-term operating lease liabilities

$

148.9