Derivatives and Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Recorded Amounts and Estimated Fair Values of Long-term Debt and Derivative Financial Instruments

The recorded amounts and estimated fair values of total debt, excluding unamortized issuance costs and discounts, were as follows:

	March 31, 2025				December 31, 2024
In millions	Recorded Amount		Fair Value		Recorded Amount		Fair Value
Variable rate debt	$	1,030.7	$	1,030.7	$	843.8	$	843.8
Fixed rate debt	819.3		823.8		819.3		814.3
Total debt	$	1,850.0	$	1,854.5	$	1,663.1	$	1,658.1

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring and nonrecurring basis were as follows:

	March 31, 2025
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Interest rate contract assets	$	—	$	0.4	$	—	$	—	$	0.4
Foreign currency contract liabilities	—		(34.2)		—		—		(34.2)
Deferred compensation plan assets	12.0		—		—		13.7		25.7
Contingent earn-out liabilities	—		—		(8.0)		—		(8.0)
Total recurring fair value measurements	$	12.0	$	(33.8)	$	(8.0)	$	13.7	$	(16.1)

	December 31, 2024
In millions	Level 1		Level 2		Level 3		NAV		Total
Recurring fair value measurements
Interest rate contract assets	$	—	$	1.9	$	—	$	—	$	1.9
Foreign currency contract assets	—		2.5		—		—		2.5
Foreign currency contract liabilities	—		(16.3)		—		—		(16.3)
Deferred compensation plan assets	15.0		—		—		14.4		29.4
Contingent earn-out liabilities	—		—		(8.0)		—		(8.0)
Total recurring fair value measurements	$	15.0	$	(11.9)	$	(8.0)	$	14.4	$	9.5