BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2025

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amount in the condensed consolidated statements of cash flows:


	As of
	June 30,		December 31,
	2025		2024
	(dollars in millions)
Cash and cash equivalents	$	641.4	$	599.3
Restricted cash	1.1		1.0
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$	642.5	$	600.3

Schedule of Restrictions on Cash and Cash Equivalents


	As of
	June 30,		December 31,
	2025		2024
	(dollars in millions)
Cash and cash equivalents	$	641.4	$	599.3
Restricted cash	1.1		1.0
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows	$	642.5	$	600.3