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LEASES (Tables)
6 Months Ended
Jun. 30, 2025
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)

    

2025

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2024

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2025

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2024

Operating lease cost

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$

35.8

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$

36.3

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$

74.0

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$

72.2

Short-term lease cost

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3.3

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5.4

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4.9

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7.4

Variable lease cost

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0.1

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0.2

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0.2

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0.4

Total

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39.2

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41.9

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79.1

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80.0

Sublease income

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(3.1)

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(0.2)

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(6.7)

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(0.3)

Total lease cost, net

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$

36.1

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$

41.7

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$

72.4

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$

79.7

Summary of maturities of operating lease liabilities

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As of

Year (in millions)

    

June 30, 2025

Remainder of 2025

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$

59.5

2026

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99.2

2027

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72.3

2028

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22.0

2029

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10.3

Thereafter

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79.8

Total lease payments

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343.1

Less: Interest

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(49.0)

Present value of operating lease liabilities

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294.1

Less: Short-term portion

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(109.1)

Long-term operating lease liabilities

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$

185.0

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