PREFERRED STOCK AND COMMON SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2024

Stockholders' Equity Note [Abstract]

Changes in common shares issued and held in treasury

The changes in the Company’s shares of Common Stock issued and held in treasury are summarized below:

	Year Ended December 31,
	2024	2023	2022
Beginning balance	83.9	88.2	93.1
Shares issued under employee stock plans	0.6	0.5	0.7
Shares repurchased	(1.1)	(4.8)	(5.6)
Ending balance	83.4	83.9	88.2

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of Accumulated other comprehensive earnings are as follows:

	Foreign Currency Translation Adjustments		Net Benefit Plan Adjustments		Accumulated Other Comprehensive Earnings
Balance at December 31, 2022	$	(462.3)	$	(30.9)	$	(493.2)
Fortrea Holdings Inc. spin-off	231.6		6.4		238.0
Current year adjustments	183.1		30.1		213.2
Pension settlement charge	—		(10.9)		(10.9)
Amounts reclassified from Accumulated other comprehensive earnings (a)	—		(4.6)		(4.6)
Tax effect of adjustments	—		(1.8)		(1.8)
Balance at December 31, 2023	$	(47.6)	$	(11.7)	$	(59.3)
Current year adjustments	(217.1)		(2.6)		(219.7)
Amounts reclassified from Accumulated other comprehensive earnings (a)	—		23.3		23.3
Tax effect of adjustments	—		(5.9)		(5.9)
Balance at December 31, 2024	$	(264.7)	$	3.1	$	(261.6)

(a) The amortization of prior service cost is included in the computation of net periodic benefit cost.