v3.25.2
FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis:
 (dollars in millions)Balance sheet locationClassificationJune 30, 2025December 31, 2024
Asset Category    
Foreign exchange contractsOther current assetsLevel 2$0.2 $1.7 
Metals contracts Other current assetsLevel 20.4 3.3 
Interest rate swaps Other current assetsLevel 20.8 4.0 
Cross-currency swaps Other current assetsLevel 27.7 39.2 
Interest rate swaps Other assetsLevel 2— 4.9 
Cross-currency swaps Other assetsLevel 2— 14.8 
Total$9.1 $67.9 
Liability Category
Foreign exchange contracts Accrued expenses and other current liabilitiesLevel 2$1.1 $0.8 
Metals contracts Accrued expenses and other current liabilitiesLevel 24.1 0.1 
Interest rate swaps Accrued expenses and other current liabilitiesLevel 20.2 — 
Interest rate swaps Other liabilitiesLevel 211.4 — 
Cross-currency swapsOther liabilitiesLevel 281.8 — 
Total$98.6 $0.9