DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Forward Contracts

The Company has commodity forward contracts to hedge forecasted purchases of commodities with maturities extending through September 2027. The notional amounts expressed in terms of the dollar value of the hedged item were as follows:

	March 31, 2026		December 31, 2025
Copper	$	88.5	$	78.3

The Company has currency forward contracts with maturities extending through September 2027. The notional amounts expressed in terms of the dollar value of the hedged currency were as follows:

	March 31, 2026		December 31, 2025
Euro	$	830.1	$	753.9
Chinese Renminbi	460.3		586.4
Mexican Peso	400.9		375.4
Canadian Dollar	235.5		147.3
Indian Rupee	48.6		44.8
Australian Dollar	22.8		6.1
British Pound	16.8		16.9

Schedule of Fair Values of Derivative Instruments

Fair values of derivative instruments as of March 31, 2026 and December 31, 2025 were:

	March 31, 2026
	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets		Other Accrued Expenses		Other Noncurrent Liabilities
Designated as Hedging Instruments:
Currency Contracts	$	5.0	$	0.2	$	2.1	$	0.5
Commodity Contracts	7.1		—		1.3		0.3
Not Designated as Hedging Instruments:
Currency Contracts	5.2		—		11.0		—
Total Derivatives	$	17.3	$	0.2	$	14.4	$	0.8

	December 31, 2025
	Prepaid Expenses and Other Current Assets		Other Noncurrent Assets		Other Accrued Expenses
Designated as Hedging Instruments:
Currency Contracts	$	6.0	$	0.5	$	0.3
Commodity Contracts	9.5		1.1		0.4
Not Designated as Hedging Instruments:
Currency Contracts	5.2		—		2.6
Total Derivatives	$	20.7	$	1.6	$	3.3

Schedule of Cash Flow Hedging Instruments

The effect of derivative instruments designated as cash flow hedges on the Condensed Consolidated Statements of Income and Condensed Consolidated Statements of Comprehensive Income (Loss) were:

	Three Months Ended
	March 31, 2026						March 31, 2025
	Commodity Forwards		Currency Forwards		Total		Commodity Forwards		Currency Forwards		Interest Rate Swaps		Total
(Loss) Gain Recognized in Other Comprehensive Income (Loss)	$	(1.1)	$	(0.2)	$	(1.3)	$	7.1	$	2.0	$	(2.2)	$	6.9
Amounts Reclassified from Other Comprehensive Income (Loss) Gain:
Gain (Loss) Recognized in Cost of Sales	1.4		1.3		2.7		(0.5)		(1.3)		—		(1.8)
Gain Recognized in Interest Expense	—		—		—		—		—		1.2		1.2

Schedule of Derivatives Not Designated as Cash Flow Hedging Instruments

The effect of derivative instruments not designated as cash flow hedges on the Condensed Consolidated Statements of Income were:

	Three Months Ended
		March 31, 2026		March 31, 2025
		Currency Forwards		Currency Forwards
(Loss) Gain recognized in Operating Expenses		$	(6.0)	$	5.4

Schedule of Derivatives Offsetting Disclosures

The following table presents on a net basis the derivative assets and liabilities that are subject to right of offset under enforceable master netting agreements:

	March 31, 2026
	Gross Amounts as Presented on the Condensed Consolidated Balance Sheet		Derivative Contract Amounts Subject to Right of Offset		Derivative Contracts as Presented on a Net Basis
Assets	$	17.5	$	(4.1)	$	13.4
Liabilities	15.2		(4.1)		11.1

	December 31, 2025
	Gross Amounts as Presented on the Condensed Consolidated Balance Sheet		Derivative Contract Amounts Subject to Right of Offset		Derivative Contracts as Presented on a Net Basis
Assets	$	22.3	$	(2.2)	$	20.1
Liabilities	3.3		(2.2)		1.1