v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 28, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Liabilities Measured on Recurring Basis
Below is a summary of financial liabilities that are measured at fair value on a recurring basis ($ in millions):
Quoted Prices
in Active
Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
March 28, 2025
Deferred compensation liabilities$— $41.9 $— $41.9 
December 31, 2024
Deferred compensation liabilities— 46.7 — 46.7 
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The carrying amount and fair value of financial instruments are as follows ($ in millions):
March 28, 2025December 31, 2024
Carrying AmountFair ValueCarrying AmountFair Value
Current portion of long-term debt$933.8 $939.8 $376.2 $376.3 
Long-term debt, net of current maturities
2,929.1 2,442.9 3,331.1 3,243.8