v3.25.2
DERIVATIVE INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instrument The following table identifies the fair value of each derivative instrument:
 Balance Sheet LocationJune 30, 2025December 31, 2024
(In millions)
Asset derivatives
Commodity contractsPrepaid expenses and other current assets$1.6 $9.1 
Interest rate swap agreementsPrepaid expenses and other current assets— 2.2 
Interest rate swap agreementsOther assets, net0.1 7.6 
 $1.7 $18.9 
Liability derivatives
Commodity contractsAccrued expenses$7.8 $— 
Interest rate swap agreementsAccrued expenses7.1 0.4 
 $14.9 $0.4 
Schedule of Gains and Losses on Derivative Contracts
We recognized the following gains and losses on our derivative contracts in the Condensed Consolidated Statements of Operations:
Location of (Loss) Gain
Three Months Ended
June 30,		Six Months Ended
June 30,
 
Recognized in Net Loss
2025202420252024
  (In millions)(In millions)
Mark-to-market unrealized (loss) gain
    
Commodity contractsOther expense (income), net$(9.3)$2.3 $(15.3)$1.9 
Interest rate swap agreementsOther expense (income), net(5.4)(0.8)(16.4)6.6 
Total unrealized (loss) gain
 $(14.7)$1.5 $(31.7)$8.5 
Realized (loss) gain
 
Commodity contracts
Manufacturing-related to Cost of sales and transportation-related to Selling and distribution
$(0.4)$2.3 $10.7 $3.8 
Interest rate swap agreementsInterest expense1.4 5.6 4.1 11.2 
Total realized gain
 $1.0 $7.9 $14.8 $15.0 
Total (loss) gain
 $(13.7)$9.4 $(16.9)$23.5