DERIVATIVES AND HEDGING (Tables)

9 Months Ended

Sep. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The outstanding contracts as of September 30, 2023 are summarized in the table below.

Contract Date	Notional Value		Maturity Date
February 13, 2020	$	500.0	June 1, 2024
November 8, 2021	162.7		June 1, 2027
March 28, 2023	150.0		August 8, 2024
June 28, 2023	200.0		August 8, 2025
August 1, 2023	100.0		February 1, 2027

The following table summarizes the unrealized gains for the three and nine months ended September 30, 2023 and 2022.

	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2023		2022		2023		2022
Gains	$	32.1	$	41.0	$	15.2	$	92.5
Tax effect	(7.9)		(10.1)		(3.8)		(22.7)
Gains, net of taxes	$	24.2	$	30.9	$	11.4	$	69.8

Schedule of Derivative Instruments Fair Value

The following table summarizes amounts recognized in the Consolidated Balance Sheets for cross currency swap contracts. See Note 14 for additional information on the fair value of these contracts.

	September 30,		December 31,		September 30,
	2023		2022		2022
Other current assets	$	14.7	$	—	$	—
Other assets	9.6		9.1		56.4