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LEASES (Tables)
6 Months Ended
Jun. 30, 2024
LEASES  
Components of Lease Cost

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Three Months Ended

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Six Months Ended

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June 30, 

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June 30, 

(In millions)

    

2024

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2023

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2024

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2023

Operating lease cost

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$

36.3

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$

38.3

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$

72.2

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$

80.1

Short-term lease cost

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5.4

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1.5

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7.4

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1.7

Variable lease cost

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0.2

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0.2

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0.4

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0.4

Total lease cost

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$

41.9

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$

40.0

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$

80.0

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$

82.2

Summary of maturities of operating lease liabilities

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As of

Year (in millions)

    

June 30, 2024

Remainder of 2024

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$

74.1

2025

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89.8

2026

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37.6

2027

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20.7

2028

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11.3

Thereafter

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52.2

Total lease payments

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285.7

Less: Interest

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(32.5)

Present value of operating lease liabilities

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253.2

Less: Short-term portion

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(122.7)

Long-term operating lease liabilities

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$

130.5

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