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Derivatives and Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2026
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,
2026
December 31,
2025
In millionsRecorded
Amount
Fair
Value
Recorded
Amount
Fair
Value
Variable rate debt$1,157.6 $1,157.6 $852.7 $852.7 
Fixed rate debt800.0 814.9 800.0 828.2 
Total debt$1,957.6 $1,972.5 $1,652.7 $1,680.9 
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, 2026
In millionsLevel 1Level 2Level 3Total
Recurring fair value measurements
Foreign currency contract assets
$— $5.6 $— $5.6 
Foreign currency contract liabilities— (51.0)— (51.0)
Deferred compensation plan assets31.8 — — 31.8 
Contingent earn-out liabilities
— — (8.0)(8.0)
Total recurring fair value measurements$31.8 $(45.4)$(8.0)$(21.6)
 December 31, 2025
In millionsLevel 1Level 2Level 3Total
Recurring fair value measurements
Interest rate contract liabilities
$— $(0.2)$— $(0.2)
Foreign currency contract liabilities— (68.8)— (68.8)
Deferred compensation plan assets 32.3 — — 32.3 
Contingent earn-out liabilities
— — (8.0)(8.0)
Total recurring fair value measurements$32.3 $(69.0)$(8.0)$(44.7)
Nonrecurring fair value measurements (1)
(1) During the year ended December 31, 2025, we recorded an impairment charge on a definite-lived customer relationship intangible asset of $30.9 million. We determined the value using unobservable inputs and wrote the balance of the definite-lived intangible asset to zero. The impairment charge was recorded in Selling, general and administrative expense in the Condensed Consolidated Statements of Operations and Comprehensive Income.